Overall VENAR gets a technical rating of 4 out of 10. VENAR has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
VENAR has only a medium 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 VENAR 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
0.28
When analyzing the support we can see 2 important areas.
- Support @0.29 from a trend line in the daily time frame.
- A support zone ranging from 0.28 to 0.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- Resistance @0.45 from a trend line in the daily time frame.
- Resistance @0.46 from a trend line in the weekly time frame.
- A resistance zone ranging from 0.50 to 0.50. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for VENAR is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for VENAR is down. |
| ChartMill Relative Strength | 41.29 | NEUTRAL | VENAR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VENAR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of VENAR is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of VENAR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.05 | NEUTRAL | The RSI value for VENAR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests VENAR has a negative trend. |
| Stochastics (14,3) | 26.88 | NEUTRAL | The Stochastics value for VENAR is a neutral value. |
| Average True Range in percent/ATR (20) | 29.78 | HIGH VOLATILITY | The high ATR as a percentage value for VENAR suggests high volalility. |
| Average Directional Index/ADX (14) | 33.73 | POSITIVE | The high ADX value value for VENAR suggests a strong trend. |
0.3
-0.02 (-6.25%)
VENUS ACQUISITION CORP -RTS / VENAR FAQ
Can you provide the ChartMill technical rating for VENUS ACQUISITION CORP -RTS?
ChartMill assigns a technical rating of 4 / 10 to VENAR.
What is the trend direction for VENAR stock?
The current trend direction for VENUS ACQUISITION CORP -RTS (VENAR) is Bearish.
What is the RSI signal for VENUS ACQUISITION CORP -RTS (VENAR) stock?
VENUS ACQUISITION CORP -RTS (VENAR) has an RSI value of 41.0508. This indicates that the stock is currently neutral.
What are the support and resistance levels for VENUS ACQUISITION CORP -RTS (VENAR) stock?
VENUS ACQUISITION CORP -RTS (VENAR) has a support level at 0.29 and a resistance level at 0.45. Check the full technical report for our detailed analysis of VENAR support and resistance levels.