MERIDIAN BIOSCIENCE INC (VIVO) Stock Technical Analysis
USA - NASDAQ:VIVO - US5895841014 - Common Stock
Taking everything into account, VIVO scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, VIVO has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although VIVO has an excellent technical rating, the quality of the presented setup is not ideal 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
30.83
3 important support areas can be observed.
- A support zone ranging from 32.81 to 33.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 32.10 to 32.10. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 31.14 to 31.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 33.98 to 33.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 VIVO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VIVO is up. |
| ChartMill Relative Strength | 93.15 | POSITIVE | VIVO has a high relative strength, it outperformed 93.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VIVO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VIVO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VIVO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.24 | OVERBOUGHT | The high RSI value suggests VIVO may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests VIVO has a negative trend. |
| Stochastics (14,3) | 94.87 | OVERBOUGHT | The high Stochastics value suggests VIVO may be overbought. |
| Average True Range in percent/ATR (20) | 0.39 | LOW VOLATILITY | The low ATR as a percentage value for VIVO suggests low volalility. |
| Average Directional Index/ADX (14) | 37.93 | POSITIVE | The high ADX value value for VIVO suggests a strong trend. |
33.97
0 (0%)
MERIDIAN BIOSCIENCE INC / VIVO FAQ
Can you provide the ChartMill technical rating for MERIDIAN BIOSCIENCE INC?
ChartMill assigns a technical rating of 10 / 10 to VIVO.
What is the trend direction for VIVO stock?
The current trend direction for MERIDIAN BIOSCIENCE INC (VIVO) is Bullish.
Can you provide the RSI signal for MERIDIAN BIOSCIENCE INC?
MERIDIAN BIOSCIENCE INC (VIVO) has an RSI value of 71.2356. This indicates that the stock is currently overbought.
Can you provide the MACD signal for MERIDIAN BIOSCIENCE INC?
The MACD indicator for MERIDIAN BIOSCIENCE INC (VIVO) has a value of -0.0112653, indicating a bearish trend.
Can you provide the support and resistance levels for MERIDIAN BIOSCIENCE INC?
MERIDIAN BIOSCIENCE INC (VIVO) has a support level at 33.82 and a resistance level at 33.98. Check the full technical report for our detailed analysis of VIVO support and resistance levels.