SRIVARU HOLDING LTD-28 (SVMHW) Stock Technical Analysis
NASDAQ:SVMHW
We assign a technical rating of 8 out of 10 to SVMHW. Both in the recent history as in the last year, SVMHW has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- When comparing the yearly performance of all stocks, we notice that SVMHW is one of the better performing stocks in the market, outperforming 92% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
- SVMHW is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SVMHW is lagging the market.
- In the last month SVMHW has a been trading in the 0.01 - 0.04 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
SVMHW has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 0.01, a Stop Loss order could be placed below this zone.
More info and screens
0.01
When analyzing the support we notice one important area.
- A support zone ranging from 0.01 to 0.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- Resistance @0.03 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 SVMHW is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SVMHW is neutral. |
| ChartMill Relative Strength | 92.01 | POSITIVE | SVMHW has a high relative strength, it outperformed 92.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SVMHW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SVMHW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of SVMHW is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.27 | NEUTRAL | The RSI value for SVMHW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests SVMHW has a negative trend. |
| Stochastics (14,3) | 30.81 | NEUTRAL | The Stochastics value for SVMHW is a neutral value. |
| Average True Range in percent/ATR (20) | 49.13 | HIGH VOLATILITY | The high ATR as a percentage value for SVMHW suggests high volalility. |
| Average Directional Index/ADX (14) | 34.51 | POSITIVE | The high ADX value value for SVMHW suggests a strong trend. |
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 |
|---|---|---|---|
| 0.03 | 0.00 | 0.03 (91.99%) | 1.09% |
| An entry @0.03. This is a Buy Stop order right above the 10 day moving average. | An exit @0.00. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.03 points, which is 91.99%. | When investing 1.09% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
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SRIVARU HOLDING LTD-28 / SVMHW FAQ
Can you provide the ChartMill technical rating for SRIVARU HOLDING LTD-28?
ChartMill assigns a technical rating of 8 / 10 to SVMHW.
What is the current trend direction of SRIVARU HOLDING LTD-28 (SVMHW) stock?
The current trend direction for SRIVARU HOLDING LTD-28 (SVMHW) is Bullish.
Can you provide the RSI signal for SRIVARU HOLDING LTD-28?
SRIVARU HOLDING LTD-28 (SVMHW) has an RSI value of 53.2691. This indicates that the stock is currently neutral.
What is the MACD signal for SVMHW stock?
The MACD indicator for SRIVARU HOLDING LTD-28 (SVMHW) has a value of -0.000219765, indicating a bearish trend.
What is the short term momentum for SRIVARU HOLDING LTD-28 (SVMHW) stock?
The short term momentum for SRIVARU HOLDING LTD-28 (SVMHW) is neutral.