Viveon Health Acquisition Corp [Vhaq/R] (VHA-) Technical Analysis
NYSEARCA:VHA-
Current stock price
VHA- Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to VHA-. VHA-'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.
- 89% of all other stocks performed better in the past year than VHA-.
- In the last month VHA- has a been trading in the 0.04 - 0.13 range, which is quite wide. It is currently trading near the lows of this range.
- Warning: VHA- has an average volume of 20490 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- VHA- is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so VHA- is lagging the market slightly.
- Considerably lower volume is observed in the last couple of days.
VHA- Weekly and Daily overview Charts
VHA- Setup Rating and Analysis
Although the technical rating is bad, VHA- does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for VHA- 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
VHA- Support and Resistance Analysis
0.04
We found 2 important support areas.
- Support @0.05 from a trend line in the weekly time frame.
- Support @0.04 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 0.07 to 0.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.08 from a trend line in the weekly time frame.
- Resistance @0.12 from a trend line in the daily time frame.
VHA- 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 | NEUTRAL | NEUTRAL | The long term trend for VHA- is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for VHA- is neutral. |
| ChartMill Relative Strength | 11.27 | NEGATIVE | VHA- has a low relative strength, it was outperformed by 88.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of VHA- is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of VHA- is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of VHA- is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.32 | NEUTRAL | The RSI value for VHA- is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests VHA- has a negative trend. |
| Stochastics (14,3) | 22.15 | NEUTRAL | The Stochastics value for VHA- is a neutral value. |
| Average True Range in percent/ATR (20) | 29.59 | HIGH VOLATILITY | The high ATR as a percentage value for VHA- suggests high volalility. |
| Average Directional Index/ADX (14) | 30.56 | POSITIVE | The high ADX value value for VHA- suggests a strong trend. |
VHA- Chart- and CandleStick Pattern Analysis
VHA- Technicals: Chart, Performance Metrics, Trend & Indicators
Viveon Health Acquisition Corp [Vhaq/R]
NYSEARCA:VHA- (2/20/2024, 8:12:05 PM)
0.0603
-0.01 (-13.11%)
Viveon Health Acquisition Corp [Vhaq/R] / VHA- TA FAQ
What is the technical rating for VHA- stock?
ChartMill assigns a technical rating of 2 / 10 to VHA-.
Can you provide the trend direction for Viveon Health Acquisition Corp [Vhaq/R]?
The current trend direction for Viveon Health Acquisition Corp [Vhaq/R] (VHA-) is Bearish.
Can you provide the RSI signal for Viveon Health Acquisition Corp [Vhaq/R]?
Viveon Health Acquisition Corp [Vhaq/R] (VHA-) has an RSI value of 49.318. This indicates that the stock is currently neutral.
What is the MACD signal for Viveon Health Acquisition Corp [Vhaq/R] (VHA-) stock?
The MACD indicator for Viveon Health Acquisition Corp [Vhaq/R] (VHA-) has a value of -0.000970696, indicating a bearish trend.
What is the short term momentum for Viveon Health Acquisition Corp [Vhaq/R] (VHA-) stock?
The short term momentum for Viveon Health Acquisition Corp [Vhaq/R] (VHA-) is neutral.