SILVACO GROUP INC (SVCO) Stock Technical Analysis
NASDAQ:SVCO • US82728C1027
Taking everything into account, SVCO scores 0 out of 10 in our technical rating. SVCO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, SVCO is a bad performer in the overall market: 90% of all stocks are doing better.
- SVCO is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month SVCO has a been trading in the 3.43 - 5.24 range, which is quite wide. It is currently trading near the lows of this range.
- SVCO is part of the Software industry. There are 274 other stocks in this industry, SVCO did better than 44% of them.
- Considerably lower volume is observed in the last couple of days.
The technical rating of SVCO is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
3.51
We can see 4 important resistance areas.
- A resistance zone ranging from 3.68 to 3.70. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 4.23 to 4.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.49 from a trend line in the daily time frame.
- Resistance @4.62 from a trend line in the weekly 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 | DOWN | NEGATIVE | The short term trend for SVCO is down. |
| ChartMill Relative Strength | 10.4 | NEGATIVE | SVCO has a low relative strength, it was outperformed by 89.6% 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) | 34.26 | NEUTRAL | The RSI value for SVCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests SVCO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.01 | OVERSOLD | The low Stochastics value suggests SVCO may be oversold. |
| Average True Range in percent/ATR (20) | 8.1 | HIGH VOLATILITY | The high ATR as a percentage value for SVCO suggests high volalility. |
| Average Directional Index/ADX (14) | 18.77 | NEGATIVE | The low ADX value for SVCO suggests a weak or negative trend. |
3.55
-0.06 (-1.66%)
SILVACO GROUP INC / SVCO FAQ
What is the technical rating for SVCO stock?
ChartMill assigns a technical rating of 0 / 10 to SVCO.
What is the trend direction for SVCO stock?
The current trend direction for SILVACO GROUP INC (SVCO) is Bearish.
Can you provide the RSI signal for SILVACO GROUP INC?
SILVACO GROUP INC (SVCO) has an RSI value of 34.2622. This indicates that the stock is currently neutral.
Can you provide the short term momentum for SILVACO GROUP INC?
The short term momentum for SILVACO GROUP INC (SVCO) is negative.
What are the support and resistance levels for SILVACO GROUP INC (SVCO) stock?
SILVACO GROUP INC (SVCO) has a resistance level at 3.68. Check the full technical report for our detailed analysis of SVCO support and resistance levels.