VIACOM INC NEW (VIAB) Technical Analysis
NASDAQ:VIAB
Current stock price
VIAB Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to VIAB. Recently some decent action could be observed, but in the medium term time frame this is still negative. VIAB was also a bad performer in the overall market in the last year.
- 84% of all other stocks performed better in the past year than VIAB.
- VIAB is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so VIAB is lagging the market.
- In the last month VIAB has a been trading in the 21.92 - 24.91 range, which is quite wide. It is currently trading near the high of this range.
- VIAB has an average volume of 6475650 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- Volume is considerably higher in the last couple of days.
VIAB Weekly and Daily overview Charts
VIAB Setup Rating and Analysis
The technical rating of VIAB 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
VIAB Support and Resistance Analysis
21.02
We found 1 important support area.
- Support @21.23 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 24.23 to 24.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @26.45 from a trend line in the daily time frame.
- Resistance @28.73 from a trend line in the daily time frame.
- Resistance @30.64 from a trend line in the weekly time frame.
- Resistance @33.18 from a trend line in the weekly time frame.
VIAB 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 VIAB is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VIAB is up. |
| ChartMill Relative Strength | 16.18 | NEGATIVE | VIAB has a low relative strength, it was outperformed by 83.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VIAB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of VIAB is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of VIAB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.75 | NEUTRAL | The RSI value for VIAB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests VIAB has a positive trend. |
| Stochastics (14,3) | 72.66 | NEUTRAL | The Stochastics value for VIAB is a neutral value. |
| Average True Range in percent/ATR (20) | 2.77 | MEDIUM VOLATILITY | The ATR as a percentage value for VIAB suggests some volalility. |
VIAB Chart- and CandleStick Pattern Analysis
VIAB Technicals: Chart, Performance Metrics, Trend & Indicators
24.22
+0.75 (+3.2%)
VIACOM INC NEW / VIAB TA FAQ
What is the technical rating for VIAB stock?
ChartMill assigns a technical rating of 2 / 10 to VIAB.
What is the trend direction for VIAB stock?
The current trend direction for VIACOM INC NEW (VIAB) is Bearish.
What is the RSI signal for VIACOM INC NEW (VIAB) stock?
VIACOM INC NEW (VIAB) has an RSI value of 60.7474. This indicates that the stock is currently neutral.
What is the short term momentum for VIAB stock?
The short term momentum for VIACOM INC NEW (VIAB) is positive.
What is the buy/sell signal for VIAB stock?
The buy/sell signal for VIACOM INC NEW (VIAB) is hold as the short term and long term trends are mixed.