VISTANCE NETWORKS INC (VISN) Technical Analysis
NASDAQ:VISN • US20337X1090
Current stock price
VISN Technical Rating and Analysis
Taking everything into account, VISN scores 6 out of 10 in our technical rating. VISN 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.
- VISN is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- Looking at the yearly performance, VISN did better than 97% of all other stocks. We also observe that the gains produced by VISN over the past year are nicely spread over this period.
- VISN is one of the better performing stocks in the Communications Equipment industry, it outperforms 85% of 48 stocks in the same industry.
- VISN is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so VISN is performing more or less in line with the market.
- VISN has an average volume of 4269860 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
Although the technical rating is only medium, VISN does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 17.64. Right above this resistance zone may be a good entry point.
More info and screens
VISN Support and Resistance Analysis
17.04
We found 2 important support areas.
- Support @17.53 from a trend line in the daily time frame.
- 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.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 17.64 to 18.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @18.75 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 | NEUTRAL | NEUTRAL | The short term trend for VISN is neutral. |
| ChartMill Relative Strength | 97.76 | POSITIVE | VISN has a high relative strength, it outperformed 97.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VISN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of VISN is below 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) | 44.58 | NEUTRAL | The RSI value for VISN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests VISN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 55.15 | NEUTRAL | The Stochastics value for VISN is a neutral value. |
| Average True Range in percent/ATR (20) | 4.82 | MEDIUM VOLATILITY | The ATR as a percentage value for VISN suggests some volalility. |
| Average Directional Index/ADX (14) | 17.55 | 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 |
|---|---|---|---|
| 18.02 | 17.52 | 0.50 (2.77%) | 25.00% |
| An entry @18.02. This is a Buy Stop order right above the resistance zone. | An exit @17.52. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.50 points, which is 2.77%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.69%. |
- 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
17.59
-0.19 (-1.07%)
VISTANCE NETWORKS INC / VISN TA FAQ
Can you provide the ChartMill technical rating for VISTANCE NETWORKS INC?
ChartMill assigns a technical rating of 6 / 10 to VISN.
Can you provide the trend direction for VISTANCE NETWORKS INC?
The current trend direction for VISTANCE NETWORKS INC (VISN) is Bullish.
Can you provide the RSI signal for VISTANCE NETWORKS INC?
VISTANCE NETWORKS INC (VISN) has an RSI value of 44.5782. This indicates that the stock is currently neutral.
What is the support and resistance level for VISN stock?
VISTANCE NETWORKS INC (VISN) has a support level at 17.53 and a resistance level at 17.64. Check the full technical report for our detailed analysis of VISN support and resistance levels.