VIVAKOR INC (VIVK) Stock Technical Analysis
NASDAQ:VIVK - Nasdaq - US92852R4039 - Common Stock - Currency: USD
Overall VIVK gets a technical rating of 0 out of 10. VIVK's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
97% of all other stocks performed better in the past year than VIVK.
VIVK is part of the Oil, Gas & Consumable Fuels industry. There are 210 other stocks in this industry, of which 91% are performing better than VIVK.
VIVK is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month VIVK has a been trading in the 0.67 - 1.01 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days.
VIVK has a bad technical rating, but it does show a decent setup pattern. 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 0.80. Right above this resistance zone may be a good entry point.
More info and screens
0.69
1.13
2 important support areas can be observed.
- Support @0.75 from a trend line in the daily time frame.
- A support zone ranging from 0.70 to 0.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 0.80 to 0.81. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.92 from a trend line in the weekly time frame.
- Resistance @1.00 from a trend line in the weekly time frame.
- Resistance @1.02 from a trend line in the daily time frame.
- 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 | DOWN | NEGATIVE | The short term trend for VIVK is down. |
| ChartMill Relative Strength | 3.08 | NEGATIVE | VIVK has a low relative strength, it was outperformed by 96.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VIVK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of VIVK is below a declining 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) | 45.04 | NEUTRAL | The RSI value for VIVK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests VIVK has a negative trend. |
| Stochastics (14,3) | 27.2 | NEUTRAL | The Stochastics value for VIVK is a neutral value. |
| Average True Range in percent/ATR (20) | 12.16 | HIGH VOLATILITY | The high ATR as a percentage value for VIVK suggests high volalility. |
| Average Directional Index/ADX (14) | 22.38 | NEUTRAL | The ADX value for VIVK suggests a possible start of a new 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)
0.7632
-0.02 (-2.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-2.47%
1 Week0.29%
2 Weeks-6.01%
1 Month-11.05%
3 Month-20.37%
6 Month-25.57%
12 Month-69.23%
2 Year-34.77%
3 Year-52.3%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%12.16%
ATR Inc-38.4%
Range Today0.06
ADR(20)0.09
ADR(20)%11.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.08
Mansfield-4.32
10 Day High0.85
10 Day Low0.73
20 Day High1.01
20 Day Low0.67
52 Week High2.44
52 Week Low0.55
CS1 End0.75
CR1 Start0.8
Volume & EV
DER(3)-6.67%
DER(5)-9.86%
Volume44.00K
Volume Incr-83.87%
Vol(5)41.20K
Vol(50)813.18K