VIACOMCBS INC - CLASS A (VIACA) Stock Technical Analysis
NASDAQ:VIACA - Common Stock
32.83
-6.4 (-16.31%)
32.82
-0.01 (-0.03%)
We assign a technical rating of 2 out of 10 to VIACA. VIACA'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.
82% of all other stocks performed better in the past year than VIACA.
VIACA 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 VIACA has a been trading in the 31.18 - 39.93 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.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
VIACA is part of the Media industry. There are 100 other stocks in this industry, VIACA did better than 49% of them.
The technical rating of VIACA 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
31.61
43.46
When analyzing the support we can see 2 important areas.
- Support @32.82 from a horizontal line in the weekly time frame.
- Support @31.93 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 39.86 to 40.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @43.03 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 VIACA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for VIACA is neutral. |
| ChartMill Relative Strength | 18.13 | NEGATIVE | VIACA has a low relative strength, it was outperformed by 81.87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VIACA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of VIACA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of VIACA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.37 | NEUTRAL | The RSI value for VIACA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests VIACA has a negative trend. |
| Stochastics (14,3) | 59.46 | NEUTRAL | The Stochastics value for VIACA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.89 | HIGH VOLATILITY | The high ATR as a percentage value for VIACA suggests high volalility. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
32.83
-6.4 (-16.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg-16.31%
1 Week-15.91%
2 Weeks-8.53%
1 Month-15.76%
3 Month-10.35%
6 Month-26.08%
12 Month-47.61%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.83
ATR(20)%5.89%
ATR Inc222%
Range Today2.82
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.13
Mansfield-2.99
10 Day High39.93
10 Day Low31.18
20 Day High39.93
20 Day Low31.18
52 Week High101.6
52 Week Low31.18
CS1 End32.82
CR1 Start39.86
Volume & EV
DER(3)0.51%
DER(5)1.36%
Volume718.20K
Volume Incr130.22%
Vol(5)202.88K
Vol(50)113.18K