VENU HOLDING CORP (VENU) Technical Analysis
NYSEARCA:VENU • US92333E1047
Current stock price
4 USD
-0.02 (-0.5%)
At close:
4.0499 USD
+0.05 (+1.25%)
After Hours:
VENU Technical Rating and Analysis
Overall VENU gets a technical rating of 1 out of 10. VENU scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- When comparing the yearly performance of all stocks, VENU is a bad performer in the overall market: 96% of all stocks are doing better.
- VENU is part of the Hotels, Restaurants & Leisure industry. There are 126 other stocks in this industry, of which 92% are performing better than VENU.
- VENU 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 VENU has a been trading in the 3.06 - 4.65 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
VENU Weekly and Daily overview Charts
VENU Setup Rating and Analysis
The technical rating of VENU 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
VENU Support and Resistance Analysis
3.82
4.50
When analyzing the support we notice one important area.
- Support @3.86 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 4.01 to 4.08. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @4.31 from a trend line in the daily time frame.
- A resistance zone ranging from 4.46 to 4.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
VENU 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 VENU is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for VENU is neutral. |
| ChartMill Relative Strength | 4.48 | NEGATIVE | VENU has a low relative strength, it was outperformed by 95.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VENU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of VENU is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of VENU is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.04 | NEUTRAL | The RSI value for VENU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests VENU has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 58 | NEUTRAL | The Stochastics value for VENU is a neutral value. |
| Average True Range in percent/ATR (20) | 7.42 | HIGH VOLATILITY | The high ATR as a percentage value for VENU suggests high volalility. |
| Average Directional Index/ADX (14) | 24.21 | NEUTRAL | The ADX value for VENU suggests a possible start of a new trend. |
VENU 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)
VENU Technicals: Chart, Performance Metrics, Trend & Indicators
4
-0.02 (-0.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-0.5%
1 Week-10.11%
2 Weeks9.59%
1 Month22.32%
3 Month-56.24%
6 Month-70.7%
12 Month-47.69%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.3
ATR(20)%7.42%
ATR Inc-32.86%
Range Today0.16
ADR(20)0.28
ADR(20)%7.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.48
3 months CRS3
6 months CRS3.86
Mansfield-6.27
10 Day High4.65
10 Day Low3.6
20 Day High4.65
20 Day Low3.06
52 Week High18.17
52 Week Low3.06
CS1 End3.86
CR1 Start4.01
Volume & EV
DER(3)-2.51%
DER(5)-5.31%
Volume264.30K
Volume Incr7.91%
Vol(5)345.20K
Vol(50)337.24K
VENU HOLDING CORP / VENU TA FAQ
What is the ChartMill technical rating of VENU HOLDING CORP (VENU) stock?
ChartMill assigns a technical rating of 1 / 10 to VENU.
What is the current trend direction of VENU HOLDING CORP (VENU) stock?
The current trend direction for VENU HOLDING CORP (VENU) is Bearish.
What is the RSI signal for VENU HOLDING CORP (VENU) stock?
VENU HOLDING CORP (VENU) has an RSI value of 51.0405. This indicates that the stock is currently neutral.
Can you provide the short term momentum for VENU HOLDING CORP?
The short term momentum for VENU HOLDING CORP (VENU) is neutral.