VIVAKOR INC (VIVK) Stock Technical Analysis
NASDAQ:VIVK - Nasdaq - US92852R4039 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to VIVK. Recently some decent action could be observed, but in the medium term time frame this is still negative. VIVK was also a bad performer in the overall market in the last year.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, VIVK is a bad performer in the overall market: 85% of all stocks are doing better.
VIVK is part of the Oil, Gas & Consumable Fuels industry. There are 213 other stocks in this industry, of which 79% are performing better than VIVK.
VIVK is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so VIVK is lagging the market.
In the last month VIVK has a been trading in the 0.67 - 1.27 range, which is quite wide. It is currently trading near the lows of this range.
The technical rating of VIVK is bad and it also does not present a quality setup 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
0.72
1.13
We found 2 important support areas.
- Support @0.76 from a trend line in the weekly time frame.
- Support @0.73 from a trend line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @1.05 from a trend line in the weekly time frame.
- A resistance zone ranging from 1.08 to 1.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.12 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 VIVK is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for VIVK is neutral. |
| ChartMill Relative Strength | 15.34 | NEGATIVE | VIVK has a low relative strength, it was outperformed by 84.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VIVK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VIVK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of VIVK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.47 | NEUTRAL | The RSI value for VIVK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests VIVK has a positive trend. |
| Stochastics (14,3) | 24.1 | NEUTRAL | The Stochastics value for VIVK is a neutral value. |
| Average True Range in percent/ATR (20) | 14.36 | HIGH VOLATILITY | The high ATR as a percentage value for VIVK suggests high volalility. |
| Average Directional Index/ADX (14) | 19.99 | NEGATIVE | The low ADX value for VIVK 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)
0.9737
+0.24 (+33.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg33.46%
1 Week13.48%
2 Weeks24.8%
1 Month24.83%
3 Month7%
6 Month-20.19%
12 Month-45.3%
2 Year-13.82%
3 Year-55.74%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%14.36%
ATR Inc37.04%
Range Today0.34
ADR(20)0.13
ADR(20)%13.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.34
Mansfield-3.12
10 Day High1.01
10 Day Low0.67
20 Day High1.27
20 Day Low0.67
52 Week High3.45
52 Week Low0.55
CS1 End0.76
CR1 Start1.05
Volume & EV
DER(3)-5.92%
DER(5)-4.83%
Volume1.16M
Volume Incr-64.23%
Vol(5)643.85K
Vol(50)810.49K