SRIVARU HOLDING LTD (SVMH) Technical Analysis
NASDAQ:SVMH • KYG8403L1023
Current stock price
SVMH Technical Rating and Analysis
Overall SVMH gets a technical rating of 0 out of 10. SVMH 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, SVMH is a bad performer in the overall market: 100% of all stocks are doing better.
- SVMH is part of the Automobiles industry. There are 35 other stocks in this industry, of which 88% are performing better than SVMH.
- SVMH is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so SVMH is lagging the market.
- In the last month SVMH has a been trading in the 0.59 - 4.81 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- SVMH has an average volume of 134449000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
SVMH Weekly and Daily overview Charts
SVMH Setup Rating and Analysis
The technical rating of SVMH 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
SVMH Support and Resistance Analysis
SVMH 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 | DOWN | NEGATIVE | The long term trend for SVMH is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SVMH is down. |
| ChartMill Relative Strength | 0.39 | NEGATIVE | SVMH has a low relative strength, it was outperformed by 99.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SVMH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SVMH is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SVMH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.92 | NEUTRAL | The RSI value for SVMH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests SVMH has a negative trend. |
| Stochastics (14,3) | 3.02 | OVERSOLD | The low Stochastics value suggests SVMH may be oversold. |
| Average True Range in percent/ATR (20) | 93.49 | HIGH VOLATILITY | The high ATR as a percentage value for SVMH suggests high volalility. |
| Average Directional Index/ADX (14) | 42.54 | POSITIVE | The high ADX value value for SVMH suggests a strong trend. |
SVMH Chart- and CandleStick Pattern Analysis
SVMH Technicals: Chart, Performance Metrics, Trend & Indicators
0.7303
-0.12 (-14.58%)
SRIVARU HOLDING LTD / SVMH TA FAQ
What is the technical rating for SVMH stock?
ChartMill assigns a technical rating of 0 / 10 to SVMH.
What is the trend direction for SVMH stock?
The current trend direction for SRIVARU HOLDING LTD (SVMH) is Bearish.
Can you provide the RSI signal for SRIVARU HOLDING LTD?
SRIVARU HOLDING LTD (SVMH) has an RSI value of 39.9165. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SRIVARU HOLDING LTD?
The MACD indicator for SRIVARU HOLDING LTD (SVMH) has a value of -0.220266, indicating a bearish trend.