SILVACO GROUP INC (SVCO) Stock Technical Analysis
NASDAQ:SVCO - US82728C1027 - Common Stock
5.34 USD
+0.35 (+7.01%)
5.25 USD
-0.09 (-1.69%)
We assign a technical rating of 5 out of 10 to SVCO. Recently some decent action could be observed, but in the medium term time frame this is still negative. SVCO was also a bad performer in the overall market in the last year.
92% of all other stocks performed better in the past year than SVCO.
SVCO is part of the Software industry. There are 280 other stocks in this industry, of which 74% are performing better than SVCO.
SVCO is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month SVCO has a been trading in the 3.96 - 5.41 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.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
SVCO has an average technical rating and the quality of the presented setup is also not ideal 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
4.01
5.39
When analyzing the support we notice one important area.
- A support zone ranging from 4.05 to 4.08. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The short term trend for SVCO is up. |
| ChartMill Relative Strength | 8.44 | NEGATIVE | SVCO has a low relative strength, it was outperformed by 91.56% 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 | NEGATIVE | The current price of SVCO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 61.5 | NEUTRAL | The RSI value for SVCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests SVCO has a positive trend. |
| Stochastics (14,3) | 77.08 | NEUTRAL | The Stochastics value for SVCO is a neutral value. |
| Average True Range in percent/ATR (20) | 8.7 | HIGH VOLATILITY | The high ATR as a percentage value for SVCO suggests high volalility. |
| Average Directional Index/ADX (14) | 26.77 | 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)
5.34
+0.35 (+7.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg7.01%
1 Week6.8%
2 Weeks20.81%
1 Month21.36%
3 Month15.33%
6 Month-13.73%
12 Month-65.44%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.45
ATR(20)%8.7%
ATR Inc15.59%
Range Today0.52
ADR(20)0.46
ADR(20)%8.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.44
Mansfield-2.96
10 Day High5.41
10 Day Low4.37
20 Day High5.41
20 Day Low3.96
52 Week High15.94
52 Week Low3.55
CS1 End4.08
CR1 StartN/A
Volume & EV
DER(3)7.43%
DER(5)8.5%
Volume276.70K
Volume Incr105.18%
Vol(5)227.10K
Vol(50)127.56K