VICINITY MOTOR CORP (VEV) Technical Analysis
NASDAQ:VEV • CA9256541058
Current stock price
0.0201 USD
-0.03 (-58.3%)
At close:
0.01 USD
-0.01 (-50.25%)
After Hours:
VEV Technical Rating and Analysis
Taking everything into account, VEV scores 0 out of 10 in our technical rating. VEV'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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, VEV is a bad performer in the overall market: 100% of all stocks are doing better.
- VEV is one of the lesser performing stocks in the Machinery industry. 94% of 131 stocks in the same industry do better.
- VEV is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so VEV is lagging the market.
- In the last month VEV has a been trading in the 0.02 - 0.19 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- VEV has an average volume of 7089400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
VEV Weekly and Daily overview Charts
VEV Setup Rating and Analysis
The technical rating of VEV is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
VEV Support and Resistance Analysis
VEV 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 VEV is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for VEV is down. |
| ChartMill Relative Strength | 0.11 | NEGATIVE | VEV has a low relative strength, it was outperformed by 99.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VEV is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of VEV is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of VEV is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 24.06 | OVERSOLD | The low RSI value suggests VEV may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests VEV has a negative trend. |
| Stochastics (14,3) | 7.91 | OVERSOLD | The low Stochastics value suggests VEV may be oversold. |
| Average True Range in percent/ATR (20) | 88.26 | HIGH VOLATILITY | The high ATR as a percentage value for VEV suggests high volalility. |
| Average Directional Index/ADX (14) | 26.86 | POSITIVE | The high ADX value value for VEV suggests a strong trend. |
VEV 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)
VEV Technicals: Chart, Performance Metrics, Trend & Indicators
0.0201
-0.03 (-58.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-58.3%
1 Week-66.5%
2 Weeks-71.61%
1 Month-86.28%
3 Month-94.63%
6 Month-97.32%
12 Month-97.64%
2 Year-98.39%
3 Year-99.52%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%88.26%
ATR Inc41.19%
Range Today0.02
ADR(20)0.01
ADR(20)%62.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.11
3 months CRSN/A
6 months CRSN/A
Mansfield-9.7
10 Day High0.07
10 Day Low0.02
20 Day High0.19
20 Day Low0.02
52 Week High0.96
52 Week Low0.02
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-7.01%
DER(5)-1.43%
Volume25.50M
Volume Incr9.48%
Vol(5)13.00M
Vol(50)7.09M
VICINITY MOTOR CORP / VEV TA FAQ
What is the ChartMill technical rating of VICINITY MOTOR CORP (VEV) stock?
ChartMill assigns a technical rating of 0 / 10 to VEV.
What is the trend direction for VEV stock?
The current trend direction for VICINITY MOTOR CORP (VEV) is Bearish.
What is the RSI signal for VEV stock?
VICINITY MOTOR CORP (VEV) has an RSI value of 24.0639. This indicates that the stock is currently oversold.
Can you provide the short term momentum for VICINITY MOTOR CORP?
The short term momentum for VICINITY MOTOR CORP (VEV) is negative.