VIACOMCBS INC - CLASS B (VIAC) Technical Analysis
NASDAQ:VIAC
Current stock price
VIAC Technical Rating and Analysis
Overall VIAC gets a technical rating of 2 out of 10. VIAC'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.
- When comparing the yearly performance of all stocks, VIAC is a bad performer in the overall market: 84% of all stocks are doing better.
- VIAC 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 VIAC is lagging the market.
- In the last month VIAC has a been trading in the 27.84 - 36.83 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.
- VIAC has an average volume of 15286200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- VIAC is part of the Media industry. There are 92 other stocks in this industry, VIAC did better than 48% of them.
VIAC Weekly and Daily overview Charts
VIAC Setup Rating and Analysis
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
VIAC Support and Resistance Analysis
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.
VIAC 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 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. |
VIAC Chart- and CandleStick Pattern Analysis
VIAC Technicals: Chart, Performance Metrics, Trend & Indicators
29.58
-6.41 (-17.81%)
VIACOMCBS INC - CLASS B / VIAC TA FAQ
What is the technical rating for VIAC stock?
ChartMill assigns a technical rating of 2 / 10 to VIAC.
Can you provide the trend direction for VIACOMCBS INC - CLASS B?
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 is the MACD signal for VIAC stock?
The MACD indicator for VIACOMCBS INC - CLASS B (VIAC) has a value of -0.184524, indicating a bearish trend.