USA - NASDAQ:VIVK - US92852R4039 - Common Stock
We assign a technical rating of 0 out of 10 to VIVK. VIVK scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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.
0.29
When analyzing the resistance we notice one important area.
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 | 0.9 | NEGATIVE | VIVK has a low relative strength, it was outperformed by 99.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of VIVK is above 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) | 45.3 | NEUTRAL | The RSI value for VIVK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests VIVK has a positive trend. |
| Stochastics (14,3) | 21.58 | NEUTRAL | The Stochastics value for VIVK is a neutral value. |
| Average True Range in percent/ATR (20) | 33.37 | HIGH VOLATILITY | The high ATR as a percentage value for VIVK suggests high volalility. |
| Average Directional Index/ADX (14) | 32.71 | POSITIVE | The high ADX value value for VIVK suggests a strong trend. |
0.2912
+0.03 (+11.91%)
ChartMill assigns a technical rating of 0 / 10 to VIVK.
The current trend direction for VIVAKOR INC (VIVK) is Bearish.
VIVAKOR INC (VIVK) has an RSI value of 45.2977. This indicates that the stock is currently neutral.
VIVAKOR INC (VIVK) has a resistance level at 0.3. Check the full technical report for our detailed analysis of VIVK support and resistance levels.