VIOMI TECHNOLOGY CO LTD-ADR (VIOT) Stock Technical Analysis
USA - NASDAQ:VIOT - US92762J1034 - ADR
2.96 USD
-0.13 (-4.21%)
2.97 USD
+0.01 (+0.34%)
Overall VIOT gets a technical rating of 4 out of 10. VIOT was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
VIOT is one of the better performing stocks in the Household Durables industry, it outperforms 98% of 61 stocks in the same industry.
Looking at the yearly performance, VIOT did better than 93% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
VIOT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so VIOT is lagging the market.
In the last month VIOT has a been trading in the 2.45 - 3.61 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, VIOT 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 2.95, a Stop Loss order could be placed below this zone.
More info and screens
1.29
3.72
We found 4 important support areas.
- A support zone ranging from 2.91 to 2.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 2.66 to 2.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.58 from a trend line in the weekly time frame.
- Support @1.30 from a horizontal line in the weekly time frame.
4 important resistance areas can be observed.
- Resistance @3.29 from a trend line in the daily time frame.
- A resistance zone ranging from 3.39 to 3.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.56 from a horizontal line in the daily time frame.
- Resistance @3.68 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 | UP | POSITIVE | The long term trend for VIOT is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for VIOT is neutral. |
| ChartMill Relative Strength | 93.09 | POSITIVE | VIOT has a high relative strength, it outperformed 93.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of VIOT is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of VIOT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VIOT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.83 | NEUTRAL | The RSI value for VIOT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests VIOT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 46.84 | NEUTRAL | The Stochastics value for VIOT is a neutral value. |
| Average True Range in percent/ATR (20) | 9.2 | HIGH VOLATILITY | The high ATR as a percentage value for VIOT suggests high volalility. |
| Average Directional Index/ADX (14) | 16.67 | NEGATIVE | The low ADX value for VIOT 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)
2.96
-0.13 (-4.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg-4.21%
1 Week-0.34%
2 Weeks5.71%
1 Month-4.82%
3 Month-18.46%
6 Month120.9%
12 Month119.26%
2 Year218.28%
3 Year224.53%
5 Year-47.8%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.28
ATR(20)%9.2%
ATR Inc-38.14%
Range Today0.14
ADR(20)0.25
ADR(20)%8.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.09
3 months CRS11.23
6 months CRS96.22
Mansfield2.99
10 Day High3.61
10 Day Low2.8
20 Day High3.61
20 Day Low2.45
52 Week High4.33
52 Week Low1.21
CS1 End2.95
CR1 Start3.29
Volume & EV
DER(3)-1.57%
DER(5)-0.52%
Volume274.40K
Volume Incr-74.89%
Vol(5)208.96K
Vol(50)547.32K
VIOMI TECHNOLOGY CO LTD-ADR / VIOT FAQ
Can you provide the ChartMill technical rating for VIOMI TECHNOLOGY CO LTD-ADR?
ChartMill assigns a technical rating of 4 / 10 to VIOT.
What is the trend direction for VIOT stock?
The current trend direction for VIOMI TECHNOLOGY CO LTD-ADR (VIOT) is Bullish.
What is the RSI signal for VIOT stock?
VIOMI TECHNOLOGY CO LTD-ADR (VIOT) has an RSI value of 47.8312. This indicates that the stock is currently neutral.
What is the short term momentum for VIOMI TECHNOLOGY CO LTD-ADR (VIOT) stock?
The short term momentum for VIOMI TECHNOLOGY CO LTD-ADR (VIOT) is neutral.