SILVACO GROUP INC (SVCO) Stock Technical Analysis
USA - NASDAQ:SVCO - US82728C1027 - Common Stock
5.74 USD
-0.21 (-3.53%)
5.6 USD
-0.14 (-2.44%)
We assign a technical rating of 8 out of 10 to SVCO. Although SVCO is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
SVCO is part of the Software industry. There are 282 other stocks in this industry. SVCO outperforms 70% of them.
Looking at the yearly performance, SVCO did better than 73% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
SVCO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SVCO is lagging the market.
In the last month SVCO has a been trading in the 5.22 - 6.44 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, SVCO also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 5.73, a Stop Loss order could be placed below this zone.
More info and screens
4.04
6.22
2 important support areas can be observed.
- A support zone ranging from 5.71 to 5.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 4.08 to 4.14. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 5.76 to 5.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @6.16 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 | UP | POSITIVE | The long term trend for SVCO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SVCO is up. |
| ChartMill Relative Strength | 73.22 | POSITIVE | SVCO has a high relative strength, it outperformed 73.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SVCO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SVCO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of SVCO is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.46 | 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) | 49.53 | NEUTRAL | The Stochastics value for SVCO is a neutral value. |
| Average True Range in percent/ATR (20) | 5.91 | HIGH VOLATILITY | The high ATR as a percentage value for SVCO suggests high volalility. |
| Average Directional Index/ADX (14) | 39.04 | POSITIVE | The high ADX value value for SVCO suggests a strong 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 5.83 | 5.70 | 0.13 (2.23%) | 25.00% |
| An entry @5.83. This is a Buy Stop order right above the resistance zone. | An exit @5.70. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.13 points, which is 2.23%. | For a 0.56% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of SVCO. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
5.74
-0.21 (-3.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-3.53%
1 Week-8.31%
2 Weeks3.05%
1 Month2.5%
3 Month39.32%
6 Month30.45%
12 Month-16.69%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.33
ATR(20)%5.91%
ATR Inc-15.45%
Range Today0.32
ADR(20)0.33
ADR(20)%5.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.22
Mansfield-1.16
10 Day High6.44
10 Day Low5.58
20 Day High6.44
20 Day Low5.22
52 Week High9.93
52 Week Low3.55
CS1 End5.73
CR1 Start5.76
Volume & EV
DER(3)-11.41%
DER(5)-5.41%
Volume58.00K
Volume Incr-1.02%
Vol(5)134.34K
Vol(50)140.99K