VIOMI TECHNOLOGY CO LTD-ADR (VIOT) Stock Technical Analysis
NASDAQ:VIOT - Nasdaq - US92762J1034 - ADR - Currency: USD
Taking everything into account, VIOT scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, VIOT is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, VIOT did better than 98% of all other stocks.
VIOT is one of the better performing stocks in the Household Durables industry, it outperforms 96% of 63 stocks in the same industry.
VIOT is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so VIOT is lagging the market slightly.
In the last month VIOT has a been trading in the 1.25 - 3.90 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although VIOT has an excellent technical rating, it does not present a decent entry opportunity 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
1.22
3.37
2 important support areas can be observed.
- Support @1.34 from a horizontal line in the daily time frame.
- Support @1.23 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 | UP | POSITIVE | The short term trend for VIOT is up. |
| ChartMill Relative Strength | 98.65 | POSITIVE | VIOT has a high relative strength, it outperformed 98.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VIOT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VIOT is above the rising 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) | 73.66 | OVERBOUGHT | The high RSI value suggests VIOT may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests VIOT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.28 | OVERBOUGHT | The high Stochastics value suggests VIOT may be overbought. |
| Average True Range in percent/ATR (20) | 10.47 | HIGH VOLATILITY | The high ATR as a percentage value for VIOT suggests high volalility. |
| Average Directional Index/ADX (14) | 43.3 | POSITIVE | The high ADX value value for VIOT suggests a strong 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)
3.34
-0.17 (-4.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg-4.84%
1 Week15.97%
2 Weeks124.16%
1 Month147.41%
3 Month143.8%
6 Month138.57%
12 Month267.23%
2 Year221.15%
3 Year101.2%
5 Year-48.14%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.48
ATR(20)%10.47%
ATR Inc22.01%
Range Today0.6
ADR(20)0.33
ADR(20)%9.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.65
Mansfield10.47
10 Day High3.9
10 Day Low1.54
20 Day High3.9
20 Day Low1.25
52 Week High3.9
52 Week Low0.86
CS1 End1.34
CR1 StartN/A
Volume & EV
DER(3)-5.81%
DER(5)-8.21%
Volume1.50M
Volume Incr-6.37%
Vol(5)1.56M
Vol(50)906.03K