Logo image of SVVC

FIRSTHAND TECHNOLOGY VALUE (SVVC) Stock Technical Analysis

USA - Nasdaq - NASDAQ:SVVC - US33766Y1001 - Common Stock

0.235 USD
-0.02 (-6.04%)
Last: 10/25/2023, 8:18:07 PM
0.2056 USD
-0.03 (-12.51%)
After Hours: 10/25/2023, 8:18:07 PM
Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to SVVC. SVVC 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, SVVC is a bad performer in the overall market: 98% of all stocks are doing better.
SVVC is one of the lesser performing stocks in the Capital Markets industry. 88% of 235 stocks in the same industry do better.
SVVC is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month SVVC has a been trading in the 0.17 - 0.43 range, which is quite wide. It is currently trading near the lows of this range.
Weekly and Daily overview Charts
FIRSTHAND TECHNOLOGY VALUE / SVVC Weekly stock chart
FIRSTHAND TECHNOLOGY VALUE / SVVC Daily stock chart
Setup Rating and Analysis

3

The technical rating of SVVC 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.

Support and Resistance Analysis

0.23

0.26

When analyzing the support we notice one important area.

  • A support zone ranging from 0.23 to 0.23. 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 @0.26 from a horizontal line in the daily time frame.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for SVVC is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for SVVC is down.
ChartMill Relative Strength2.78NEGATIVESVVC has a low relative strength, it was outperformed by 97.22% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of SVVC is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of SVVC is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of SVVC is below a declining SMA(200).
Relative Strength Index/RSI (14)35.23NEUTRALThe RSI value for SVVC is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0POSITIVEThe MACD value suggests SVVC has a positive trend.
Stochastics (14,3)31.28NEUTRALThe Stochastics value for SVVC is a neutral value.
Average True Range in percent/ATR (20)18.55HIGH VOLATILITYThe high ATR as a percentage value for SVVC suggests high volalility.
Average Directional Index/ADX (14)34.76POSITIVEThe high ADX value value for SVVC suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
FIRSTHAND TECHNOLOGY VALUE / SVVC Daily stock chart

FIRSTHAND TECHNOLOGY VALUE

NASDAQ:SVVC (10/25/2023, 8:18:07 PM)

After market: 0.2056 -0.03 (-12.51%)

0.235

-0.02 (-6.04%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-6.04%
1 Week-6.19%
2 Weeks-8.42%
1 Month-45.42%
3 Month-62.4%
6 Month-74.83%
12 Month-81.92%
2 Year-94.53%
3 Year-92.39%
5 Year-98.26%
10 Year-98.99%
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%18.55%
ATR Inc-20.26%
Range Today0.04
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.78
3 months CRSN/A
6 months CRSN/A
Mansfield-7.18
10 Day High0.38
10 Day Low0.17
20 Day High0.43
20 Day Low0.17
52 Week High1.31
52 Week Low0.17
CS1 End0.23
CR1 Start0.26
Volume & EV
DER(3)-3.47%
DER(5)-0.76%
Volume120.60K
Volume Incr-58.04%
Vol(5)198.72K
Vol(50)215.33K

FIRSTHAND TECHNOLOGY VALUE / SVVC FAQ

What is the ChartMill technical rating of FIRSTHAND TECHNOLOGY VALUE (SVVC) stock?

ChartMill assigns a technical rating of 0 / 10 to SVVC.


Can you provide the trend direction for FIRSTHAND TECHNOLOGY VALUE?

The current trend direction for FIRSTHAND TECHNOLOGY VALUE (SVVC) is Bearish.


What is the RSI signal for SVVC stock?

FIRSTHAND TECHNOLOGY VALUE (SVVC) has an RSI value of 35.2285. This indicates that the stock is currently neutral.


What is the MACD signal for SVVC stock?

The MACD indicator for FIRSTHAND TECHNOLOGY VALUE (SVVC) has a value of 0.00356011, indicating a bearish trend.


What is the buy/sell signal for FIRSTHAND TECHNOLOGY VALUE (SVVC) stock?

The buy/sell signal for FIRSTHAND TECHNOLOGY VALUE (SVVC) is sell as both the short term and long term trends are negative.