FRESH VINE WINE INC (VINE) Technical Analysis
NYSEARCA:VINE • US35804X1019
Current stock price
VINE Technical Rating and Analysis
Overall VINE gets a technical rating of 1 out of 10. VINE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- When comparing the yearly performance of all stocks, VINE is a bad performer in the overall market: 75% of all stocks are doing better.
- VINE 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 VINE is lagging the market.
- VINE is an average performer in the Beverages industry, it outperforms 40% of 33 stocks in the same industry.
- In the last month VINE has a been trading in the 0.45 - 0.65 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
VINE Weekly and Daily overview Charts
VINE Setup Rating and Analysis
Although the technical rating is bad, VINE does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 0.51, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for VINE in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
VINE Support and Resistance Analysis
0.33
We found 4 important support areas.
- A support zone ranging from 0.51 to 0.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.50 from a horizontal line in the daily time frame.
- Support @0.49 from a horizontal line in the daily time frame.
- Support @0.33 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @0.67 from a trend line in the daily time frame.
- Resistance @0.75 from a trend line in the weekly time frame.
- Resistance @0.83 from a horizontal line in the daily time frame.
VINE 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 | DOWN | NEGATIVE | The long term trend for VINE is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for VINE is neutral. |
| ChartMill Relative Strength | 25.23 | NEGATIVE | VINE has a low relative strength, it was outperformed by 74.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VINE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of VINE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of VINE is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.47 | NEUTRAL | The RSI value for VINE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests VINE has a positive trend. |
| Stochastics (14,3) | 42.78 | NEUTRAL | The Stochastics value for VINE is a neutral value. |
| Average True Range in percent/ATR (20) | 12.31 | HIGH VOLATILITY | The high ATR as a percentage value for VINE suggests high volalility. |
| Average Directional Index/ADX (14) | 16.52 | NEGATIVE | The low ADX value for VINE suggests a weak or negative trend. |
VINE Chart- and CandleStick Pattern Analysis
VINE Technicals: Chart, Performance Metrics, Trend & Indicators
0.575
+0.06 (+12.06%)
FRESH VINE WINE INC / VINE TA FAQ
Can you provide the ChartMill technical rating for FRESH VINE WINE INC?
ChartMill assigns a technical rating of 1 / 10 to VINE.
What is the current trend direction of FRESH VINE WINE INC (VINE) stock?
The current trend direction for FRESH VINE WINE INC (VINE) is Bearish.
What is the RSI signal for FRESH VINE WINE INC (VINE) stock?
FRESH VINE WINE INC (VINE) has an RSI value of 52.4706. This indicates that the stock is currently neutral.
Can you provide the MACD signal for FRESH VINE WINE INC?
The MACD indicator for FRESH VINE WINE INC (VINE) has a value of 0.00765307, indicating a bearish trend.
Can you provide the short term momentum for FRESH VINE WINE INC?
The short term momentum for FRESH VINE WINE INC (VINE) is neutral.