VIAVI SOLUTIONS INC (VIAV)

US9255501051 - Common Stock

8.01  +0.04 (+0.5%)

After market: 8.01 0 (0%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to VIAV. VIAV'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.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, VIAV is a bad performer in the overall market: 82% of all stocks are doing better.
VIAV 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 VIAV is lagging the market.
VIAV is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
VIAV has an average volume of 1881570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
VIAV is an average performer in the Communications Equipment industry, it outperforms 41% of 54 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
VIAV Weekly chart
VIAV Daily chart
Setup Rating and Analysis

4

VIAV has a poor technical rating and the quality of the setup is also only medium 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.

Support and Resistance Analysis

7.72

11.23

We found 2 important support areas.

  • Support @7.97 from a trend line in the daily time frame.
  • Support @7.80 from a horizontal line in the daily time frame.

We can see 4 important resistance areas.

  • A resistance zone ranging from 8.02 to 8.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @10.21 from a trend line in the weekly time frame.
  • Resistance @10.54 from a trend line in the weekly time frame.
  • Resistance @11.12 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.74
Mansfield-2.4
10 Day High8.53
10 Day Low7.82
20 Day High9.23
20 Day Low7.82
52 Week High11.65
52 Week Low7.26
Performance
1 Week-0.74%
2 Weeks-5.21%
1 Month-11.88%
3 Month-20.3%
6 Month7.37%
12 Month-10.6%
2 Year-44.14%
3 Year-51.04%
5 Year-39.77%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)27.09
LBB7.7
UBB8.76
VIAV Daily chart

VIAVI SOLUTIONS INC

NASDAQ:VIAV (4/26/2024, 7:22:36 PM)

After market: 8.01 0 (0%)

8.01

+0.04 (+0.5%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg0.5%
1 Week-0.74%
2 Weeks-5.21%
1 Month-11.88%
3 Month-20.3%
6 Month7.37%
12 Month-10.6%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.23
ATR(20)%2.91%
ATR Inc
Range Today0.19
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High8.53
10 Day Low7.82
20 Day High9.23
20 Day Low7.82
52 Week High11.65
52 Week Low7.26
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume835.80K
Volume Incr-37.57%
Vol(5)1.16M
Vol(50)1.88M