NYSEARCA:SVM - NYSE Arca - CA82835P1036 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to SVM. SVM has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Although the technical rating is only medium, SVM does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 3.70, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SVM in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
3.19
We found 4 important support areas.
We can see 3 important resistance areas.
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 | NEUTRAL | NEUTRAL | The long term trend for SVM is neutral. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SVM is up. |
ChartMill Relative Strength | 57.15 | NEUTRAL | SVM is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SVM is above the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SVM is above a declining SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SVM is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 55.66 | NEUTRAL | The RSI value for SVM is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests SVM has a positive trend. |
Stochastics (14,3) | 82.76 | OVERBOUGHT | The high Stochastics value suggests SVM may be overbought. |
Average True Range in percent/ATR (20) | 4.04 | MEDIUM VOLATILITY | The ATR as a percentage value for SVM suggests some volalility. |
Average Directional Index/ADX (14) | 14.19 | NEGATIVE | The low ADX value for SVM suggests a weak or negative trend. |
3.87
-0.04 (-1.02%)