SWVL HOLDINGS CORP (SWVL) Technical Analysis
NASDAQ:SWVL • VGG863021256
Taking everything into account, SWVL scores 0 out of 10 in our technical rating. SWVL's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- 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, SWVL is a bad performer in the overall market: 96% of all stocks are doing better.
- SWVL is one of the lesser performing stocks in the Ground Transportation industry. 82% of 42 stocks in the same industry do better.
- SWVL 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 SWVL has a been trading in the 1.31 - 1.72 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been consolidating recently, this may present a good entry opportunity.
- Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
SWVL has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. We notice that large players showed an interest for SWVL in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.46
When analyzing the support we notice one important area.
- A support zone ranging from 1.47 to 1.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- Resistance @1.72 from a horizontal line in the daily time frame.
- Resistance @2.03 from a trend line in the weekly time frame.
- Resistance @2.19 from a trend line in the daily time frame.
- Resistance @2.37 from a trend line in the daily time frame.
- Resistance @2.63 from a trend line in the weekly 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 | DOWN | NEGATIVE | The long term trend for SWVL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SWVL is down. |
| ChartMill Relative Strength | 4.47 | NEGATIVE | SWVL has a low relative strength, it was outperformed by 95.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SWVL is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SWVL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SWVL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.31 | NEUTRAL | The RSI value for SWVL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests SWVL has a positive trend. |
| Stochastics (14,3) | 53.33 | NEUTRAL | The Stochastics value for SWVL is a neutral value. |
| Average True Range in percent/ATR (20) | 10.21 | HIGH VOLATILITY | The high ATR as a percentage value for SWVL suggests high volalility. |
| Average Directional Index/ADX (14) | 12.85 | NEGATIVE | The low ADX value for SWVL suggests a weak or negative trend. |
SWVL Technicals: Chart, Performance Metrics, Trend & Indicators
1.58
+0.01 (+0.64%)
SWVL HOLDINGS CORP / SWVL FAQ
Can you provide the ChartMill technical rating for SWVL HOLDINGS CORP?
ChartMill assigns a technical rating of 0 / 10 to SWVL.
What is the current trend direction of SWVL HOLDINGS CORP (SWVL) stock?
The current trend direction for SWVL HOLDINGS CORP (SWVL) is Bearish.
Can you provide the RSI signal for SWVL HOLDINGS CORP?
SWVL HOLDINGS CORP (SWVL) has an RSI value of 44.3112. This indicates that the stock is currently neutral.
What is the MACD signal for SWVL stock?
The MACD indicator for SWVL HOLDINGS CORP (SWVL) has a value of 0.0232554, indicating a bearish trend.
What is the buy/sell signal for SWVL stock?
The buy/sell signal for SWVL HOLDINGS CORP (SWVL) is sell as both the short term and long term trends are negative.