VIACOMCBS INC - CLASS B (VIAC) Technical Analysis
NASDAQ:VIAC
Current stock price
VIAC Technical Rating and Analysis
Taking everything into account, VIAC scores 2 out of 10 in our technical rating. 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.
- 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. Certainly because the S&P500 Index is trading near new highs.
- 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.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- VIAC is part of the Media industry. There are 90 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
We found 1 important support 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.
Can you provide the RSI signal for VIACOMCBS INC - CLASS B?
VIACOMCBS INC - CLASS B (VIAC) has an RSI value of 36.0165. This indicates that the stock is currently neutral.
Can you provide the short term momentum for VIACOMCBS INC - CLASS B?
The short term momentum for VIACOMCBS INC - CLASS B (VIAC) is 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.