We assign a technical rating of 9 out of 10 to VIAV. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, VIAV is showing a nice and steady performance.
VIAV has an excellent technical rating, but the quality of the setup is 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.
More info and screens
10.31
When analyzing the support we can see 5 important areas.
- A support zone ranging from 16.68 to 16.88. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 15.92 to 15.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @14.06 from a trend line in the daily time frame.
- Support @10.97 from a trend line in the weekly time frame.
- Support @10.41 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 17.94 to 18.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for VIAV is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VIAV is up. |
| ChartMill Relative Strength | 94.87 | POSITIVE | VIAV has a high relative strength, it outperformed 94.87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of VIAV is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VIAV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VIAV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.56 | NEUTRAL | The RSI value for VIAV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests VIAV has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 80.91 | OVERBOUGHT | The high Stochastics value suggests VIAV may be overbought. |
| Average True Range in percent/ATR (20) | 3.95 | MEDIUM VOLATILITY | The ATR as a percentage value for VIAV suggests some volalility. |
| Average Directional Index/ADX (14) | 30.61 | POSITIVE | The high ADX value value for VIAV suggests a strong trend. |
17.61
-0.33 (-1.84%)
VIAVI SOLUTIONS INC / VIAV FAQ
What is the ChartMill technical rating of VIAVI SOLUTIONS INC (VIAV) stock?
ChartMill assigns a technical rating of 9 / 10 to VIAV.
What is the current trend direction of VIAVI SOLUTIONS INC (VIAV) stock?
The current trend direction for VIAVI SOLUTIONS INC (VIAV) is Bullish.
Can you provide the RSI signal for VIAVI SOLUTIONS INC?
VIAVI SOLUTIONS INC (VIAV) has an RSI value of 63.5631. This indicates that the stock is currently neutral.
Can you provide the MACD signal for VIAVI SOLUTIONS INC?
The MACD indicator for VIAVI SOLUTIONS INC (VIAV) has a value of -0.0563993, indicating a bearish trend.
What is the buy/sell signal for VIAVI SOLUTIONS INC (VIAV) stock?
The buy/sell signal for VIAVI SOLUTIONS INC (VIAV) is buy as both the short term and long term trends are positive.