
SRIVARU HOLDING LTD-28 (SVMHW) Technical Analysis
NASDAQ:SVMHW
Current stock price
SVMHW Technical Rating and Analysis
Taking everything into account, SVMHW scores 8 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SVMHW is showing a nice and steady performance.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- Looking at the yearly performance, SVMHW did better than 92% of all other 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 trading in the upper part of its 52 week range, so SVMHW is lagging the market slightly.
- 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 Weekly and Daily overview Charts
SVMHW Setup Rating and Analysis
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
SVMHW Support and Resistance Analysis
0.01
We found 1 important support 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.
When analyzing the resistance we notice one important area.
- Resistance @0.03 from a trend line in the daily time frame.
SVMHW 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 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. |
SVMHW Chart- and CandleStick Pattern Analysis
SVMHW Example Setup
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 trade has a worst case loss of 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.
SVMHW Technicals: Chart, Performance Metrics, Trend & Indicators
0.0184
+0 (+8.88%)
SRIVARU HOLDING LTD-28 / SVMHW TA 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.