SILVACO GROUP INC (SVCO) Stock Technical Analysis
NASDAQ:SVCO - Nasdaq - US82728C1027 - Common Stock - Currency: USD
Overall SVCO gets a technical rating of 0 out of 10. SVCO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
95% of all other stocks performed better in the past year than SVCO.
SVCO is one of the lesser performing stocks in the Software industry. 84% of 283 stocks in the same industry do better.
SVCO is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so SVCO is lagging the market.
In the last month SVCO has a been trading in the 4.01 - 5.82 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, SVCO does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 4.95. Right above this resistance zone may be a good entry point.
More info and screens
4.03
6.94
When analyzing the support we can see 3 important areas.
- Support @4.59 from a trend line in the weekly time frame.
- A support zone ranging from 4.23 to 4.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.07 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 4.95 to 5.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @6.87 from a trend line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for SVCO is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SVCO is neutral. |
| ChartMill Relative Strength | 5.21 | NEGATIVE | SVCO has a low relative strength, it was outperformed by 94.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SVCO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SVCO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SVCO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.86 | NEUTRAL | The RSI value for SVCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests SVCO has a negative trend. |
| Stochastics (14,3) | 38.41 | NEUTRAL | The Stochastics value for SVCO is a neutral value. |
| Average True Range in percent/ATR (20) | 10.31 | HIGH VOLATILITY | The high ATR as a percentage value for SVCO suggests high volalility. |
| Average Directional Index/ADX (14) | 18.5 | NEGATIVE | The low ADX value for SVCO suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
4.62
-0.14 (-2.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-2.94%
1 Week-2.12%
2 Weeks13.24%
1 Month-10.81%
3 Month-28.48%
6 Month-40.39%
12 Month-75.63%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.47
ATR(20)%10.31%
ATR Inc-38.96%
Range Today0.4
ADR(20)0.45
ADR(20)%9.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.21
Mansfield-5.66
10 Day High5.1
10 Day Low4.08
20 Day High5.82
20 Day Low4.01
52 Week High20.69
52 Week Low3.55
CS1 End4.59
CR1 Start4.95
Volume & EV
DER(3)-0.54%
DER(5)2.9%
Volume173.00K
Volume Incr-8.79%
Vol(5)102.33K
Vol(50)123.26K