FIRSTHAND TECHNOLOGY VALUE (SVVC) Technical Analysis
NASDAQ:SVVC • US33766Y1001
Current stock price
SVVC Technical Rating and Analysis
Overall SVVC gets a technical rating of 0 out of 10. 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. 87% of 240 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.
SVVC Weekly and Daily overview Charts
SVVC Setup Rating and Analysis
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.
More info and screens
SVVC Support and Resistance Analysis
0.23
We found 1 important support 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.
We found 1 important resistance area.
- Resistance @0.26 from a horizontal line in the daily time frame.
SVVC 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 SVVC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SVVC is down. |
| ChartMill Relative Strength | 2.78 | NEGATIVE | SVVC has a low relative strength, it was outperformed by 97.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SVVC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SVVC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SVVC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.23 | NEUTRAL | The RSI value for SVVC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests SVVC has a positive trend. |
| Stochastics (14,3) | 31.28 | NEUTRAL | The Stochastics value for SVVC is a neutral value. |
| Average True Range in percent/ATR (20) | 18.55 | HIGH VOLATILITY | The high ATR as a percentage value for SVVC suggests high volalility. |
| Average Directional Index/ADX (14) | 34.76 | POSITIVE | The high ADX value value for SVVC suggests a strong trend. |
SVVC Chart- and CandleStick Pattern Analysis
SVVC Technicals: Chart, Performance Metrics, Trend & Indicators
0.235
-0.02 (-6.04%)
FIRSTHAND TECHNOLOGY VALUE / SVVC TA 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 FIRSTHAND TECHNOLOGY VALUE (SVVC) stock?
FIRSTHAND TECHNOLOGY VALUE (SVVC) has an RSI value of 35.2285. This indicates that the stock is currently neutral.
Can you provide the short term momentum for FIRSTHAND TECHNOLOGY VALUE?
The short term momentum for FIRSTHAND TECHNOLOGY VALUE (SVVC) is negative.
What are the support and resistance levels for FIRSTHAND TECHNOLOGY VALUE (SVVC) stock?
FIRSTHAND TECHNOLOGY VALUE (SVVC) has a support level at 0.23 and a resistance level at 0.26. Check the full technical report for our detailed analysis of SVVC support and resistance levels.