We assign a technical rating of 2 out of 10 to VIAC. VIAC 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 technical rating of VIAC 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
29.22
When analyzing the support we notice one important area.
- Support @29.52 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 29.59 to 29.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 35.51 to 35.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @37.55 from a horizontal line 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 VIAC is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for VIAC is neutral. |
| ChartMill Relative Strength | 16.52 | NEGATIVE | VIAC has a low relative strength, it was outperformed by 83.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VIAC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of VIAC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of VIAC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.02 | NEUTRAL | The RSI value for VIAC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests VIAC has a negative trend. |
| Stochastics (14,3) | 58 | NEUTRAL | The Stochastics value for VIAC is a neutral value. |
| Average True Range in percent/ATR (20) | 6.54 | HIGH VOLATILITY | The high ATR as a percentage value for VIAC suggests high volalility. |
29.58
-6.41 (-17.81%)
VIACOMCBS INC - CLASS B / VIAC FAQ
What is the ChartMill technical rating of VIACOMCBS INC - CLASS B (VIAC) stock?
ChartMill assigns a technical rating of 2 / 10 to VIAC.
What is the trend direction for VIAC stock?
The current trend direction for VIACOMCBS INC - CLASS B (VIAC) is Bearish.
What is the RSI signal for VIACOMCBS INC - CLASS B (VIAC) stock?
VIACOMCBS INC - CLASS B (VIAC) has an RSI value of 36.0165. This indicates that the stock is currently neutral.
What are the support and resistance levels for VIACOMCBS INC - CLASS B (VIAC) stock?
VIACOMCBS INC - CLASS B (VIAC) has a support level at 29.52 and a resistance level at 29.59. Check the full technical report for our detailed analysis of VIAC support and resistance levels.