SILVACO GROUP INC (SVCO) Technical Analysis
NASDAQ:SVCO • US82728C1027
Current stock price
SVCO Technical Rating and Analysis
Overall SVCO gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SVCO is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- SVCO is one of the better performing stocks in the Software industry, it outperforms 95% of 278 stocks in the same industry.
- SVCO is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so SVCO is leading the market.
- In the last month SVCO has a been trading in the 3.07 - 7.25 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Looking at the yearly performance, SVCO did better than 94% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
SVCO Weekly and Daily overview Charts
SVCO Setup Rating and Analysis
Although SVCO has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
SVCO Support and Resistance Analysis
SVCO Technical Indicator Signal Analysis
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 | 94.49 | POSITIVE | SVCO has a high relative strength, it outperformed 94.49% 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) | UP | POSITIVE | The current price of SVCO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 86.43 | OVERBOUGHT | The high RSI value suggests SVCO may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.41 | POSITIVE | The MACD value suggests SVCO has a positive trend. |
| Stochastics (14,3) | 93.54 | OVERBOUGHT | The high Stochastics value suggests SVCO may be overbought. |
| Average True Range in percent/ATR (20) | 6.64 | HIGH VOLATILITY | The high ATR as a percentage value for SVCO suggests high volalility. |
| Average Directional Index/ADX (14) | 40.38 | POSITIVE | The high ADX value value for SVCO suggests a strong trend. |
SVCO Chart- and CandleStick Pattern Analysis
SVCO Technicals: Chart, Performance Metrics, Trend & Indicators
7.24
+0.9 (+14.2%)
SILVACO GROUP INC / SVCO TA FAQ
What is the technical rating for SVCO stock?
ChartMill assigns a technical rating of 9 / 10 to SVCO.
What is the trend direction for SVCO stock?
The current trend direction for SILVACO GROUP INC (SVCO) is Bullish.
Can you provide the RSI signal for SILVACO GROUP INC?
SILVACO GROUP INC (SVCO) has an RSI value of 86.4252. This indicates that the stock is currently overbought.
Can you provide the short term momentum for SILVACO GROUP INC?
The short term momentum for SILVACO GROUP INC (SVCO) is positive.