VAHANNA TECH EDGE ACQUISI-A (VHNA) Stock Technical Analysis
USA - NASDAQ:VHNA - VGG9320Z1099 - Common Stock
We assign a technical rating of 7 out of 10 to VHNA. In the last year, VHNA was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
VHNA has an excellent technical rating, but the quality of the setup is only medium 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.
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9.54
When analyzing the support we can see 4 important areas.
- A support zone ranging from 10.69 to 10.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.23 from a trend line in the daily time frame.
- A support zone ranging from 9.94 to 10.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 9.64 to 9.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @11.41 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 11.65 to 11.66. 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 VHNA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for VHNA is neutral. |
| ChartMill Relative Strength | 76.38 | POSITIVE | VHNA has a high relative strength, it outperformed 76.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VHNA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VHNA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VHNA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.39 | NEUTRAL | The RSI value for VHNA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests VHNA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 28.28 | NEUTRAL | The Stochastics value for VHNA is a neutral value. |
| Average True Range in percent/ATR (20) | 16.63 | HIGH VOLATILITY | The high ATR as a percentage value for VHNA suggests high volalility. |
| Average Directional Index/ADX (14) | 31.3 | POSITIVE | The high ADX value value for VHNA suggests a strong trend. |
11.12
+0.91 (+8.91%)
VAHANNA TECH EDGE ACQUISI-A / VHNA FAQ
Can you provide the ChartMill technical rating for VAHANNA TECH EDGE ACQUISI-A?
ChartMill assigns a technical rating of 7 / 10 to VHNA.
What is the current trend direction of VAHANNA TECH EDGE ACQUISI-A (VHNA) stock?
The current trend direction for VAHANNA TECH EDGE ACQUISI-A (VHNA) is Bearish.
Can you provide the RSI signal for VAHANNA TECH EDGE ACQUISI-A?
VAHANNA TECH EDGE ACQUISI-A (VHNA) has an RSI value of 52.3886. This indicates that the stock is currently neutral.
Can you provide the MACD signal for VAHANNA TECH EDGE ACQUISI-A?
The MACD indicator for VAHANNA TECH EDGE ACQUISI-A (VHNA) has a value of -0.0637178, indicating a bearish trend.