VISTANCE NETWORKS INC (VISN) Technical Analysis
NASDAQ:VISN • US20337X1090
Current stock price
VISN Technical Rating and Analysis
Taking everything into account, VISN scores 9 out of 10 in our technical rating. In the last year, VISN was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, VISN did better than 98% of all other stocks. On top of that, VISN also shows a nice and consistent pattern of rising prices.
- VISN is part of the Communications Equipment industry. There are 46 other stocks in this industry. VISN outperforms 84% of them.
- VISN is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- VISN is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- VISN has an average volume of 4729620 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
VISN Weekly and Daily overview Charts
VISN Setup Rating and Analysis
VISN has an excellent technical rating and also presents a decent setup pattern. 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 18.72, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
VISN Support and Resistance Analysis
17.04
3 important support areas can be observed.
- A support zone ranging from 18.31 to 18.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 17.70 to 17.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 17.21 to 17.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @19.18 from a trend line in the daily time frame.
- A resistance zone ranging from 19.58 to 19.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
VISN 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 | UP | POSITIVE | The long term trend for VISN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VISN is up. |
| ChartMill Relative Strength | 98.46 | POSITIVE | VISN has a high relative strength, it outperformed 98.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VISN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of VISN is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VISN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.22 | NEUTRAL | The RSI value for VISN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests VISN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.99 | NEUTRAL | The Stochastics value for VISN is a neutral value. |
| Average True Range in percent/ATR (20) | 3.25 | MEDIUM VOLATILITY | The ATR as a percentage value for VISN suggests some volalility. |
| Average Directional Index/ADX (14) | 9.82 | NEGATIVE | The low ADX value for VISN suggests a weak or negative trend. |
VISN Chart- and CandleStick Pattern Analysis
VISN Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 19.19 | 18.34 | 0.85 (4.43%) | 22.58% |
| An entry @19.19. This is a Buy Stop order right above the resistance zone. | An exit @18.34. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.85 points, which is 4.43%. | For a 1.00% total portfolio risk, you can invest 22.58% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of VISN. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
VISN Technicals: Chart, Performance Metrics, Trend & Indicators
19.08
-0.11 (-0.57%)
VISTANCE NETWORKS INC / VISN TA FAQ
Can you provide the ChartMill technical rating for VISTANCE NETWORKS INC?
ChartMill assigns a technical rating of 9 / 10 to VISN.
Can you provide the trend direction for VISTANCE NETWORKS INC?
The current trend direction for VISTANCE NETWORKS INC (VISN) is Bullish.
What is the RSI signal for VISN stock?
VISTANCE NETWORKS INC (VISN) has an RSI value of 58.2177. This indicates that the stock is currently neutral.
Can you provide the short term momentum for VISTANCE NETWORKS INC?
The short term momentum for VISTANCE NETWORKS INC (VISN) is positive.
What is the buy/sell signal for VISN stock?
The buy/sell signal for VISTANCE NETWORKS INC (VISN) is buy as both the short term and long term trends are positive.