FRESH VINE WINE INC (VINE) Stock Technical Analysis
NYSEARCA:VINE - NYSE Arca - US35804X1019 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to VINE. VINE'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.
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 part of the Beverages industry. There are 33 other stocks in this industry, VINE did better than 40% of them.
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.
Although the technical rating is bad, VINE does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. 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
0.33
0.84
When analyzing the support we can see 4 important 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.
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. |
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)
0.575
+0.06 (+12.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryBeverages
Performance
% Chg12.06%
1 Week12.9%
2 Weeks8.55%
1 Month3.23%
3 Month-8.42%
6 Month15%
12 Month-21.21%
2 Year17.37%
3 Year-82.84%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%12.31%
ATR Inc-40.58%
Range Today0.06
ADR(20)0.07
ADR(20)%12.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.23
Mansfield-0.58
10 Day High0.65
10 Day Low0.45
20 Day High0.65
20 Day Low0.45
52 Week High1.25
52 Week Low0.25
CS1 End0.51
CR1 Start0.67
Volume & EV
DER(3)8.53%
DER(5)-0.14%
Volume389.90K
Volume Incr-29.63%
Vol(5)220.90K
Vol(50)259.24K