VIVAKOR INC (VIVK) Stock Technical Analysis
NASDAQ:VIVK - Nasdaq - US92852R4039 - Common Stock - Currency: USD
Taking everything into account, VIVK scores 6 out of 10 in our technical rating. VIVK has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
When comparing the yearly performance of all stocks, VIVK is a bad performer in the overall market: 86% of all stocks are doing better.
VIVK is part of the Oil, Gas & Consumable Fuels industry. There are 208 other stocks in this industry, of which 79% 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.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month VIVK has a been trading in the 0.73 - 1.30 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
VIVK has an average technical rating and the quality of the presented setup is also not ideal at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
0.76
1.13
We found 4 important support areas.
- A support zone ranging from 0.94 to 0.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.83 from a trend line in the daily time frame.
- Support @0.79 from a trend line in the weekly time frame.
- Support @0.77 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 1.12 to 1.12. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for VIVK is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VIVK is up. |
| ChartMill Relative Strength | 14.06 | NEGATIVE | VIVK has a low relative strength, it was outperformed by 85.94% 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) | 52.05 | 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, although the MACD value is declining. |
| Stochastics (14,3) | 39.43 | NEUTRAL | The Stochastics value for VIVK is a neutral value. |
| Average True Range in percent/ATR (20) | 12.35 | HIGH VOLATILITY | The high ATR as a percentage value for VIVK suggests high volalility. |
| Average Directional Index/ADX (14) | 42.18 | POSITIVE | The high ADX value value for VIVK 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)
0.9506
-0.04 (-4.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-4.37%
1 Week-13.58%
2 Weeks18.09%
1 Month19.42%
3 Month21.87%
6 Month-3.98%
12 Month-50.23%
2 Year-17.34%
3 Year-52.71%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%12.35%
ATR Inc-35.27%
Range Today0.09
ADR(20)0.11
ADR(20)%11.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.06
Mansfield-2.55
10 Day High1.3
10 Day Low0.81
20 Day High1.3
20 Day Low0.73
52 Week High2.14
52 Week Low0.55
CS1 End0.94
CR1 Start1.12
Volume & EV
DER(3)-6.53%
DER(5)-1.93%
Volume107.20K
Volume Incr49.32%
Vol(5)372.66K
Vol(50)933.45K