VELODYNE LIDAR I -CW25 (VLDRW) Technical Analysis
NASDAQ:VLDRW
Current stock price
VLDRW Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to VLDRW. VLDRW 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- When comparing the yearly performance of all stocks, VLDRW is a bad performer in the overall market: 97% of all stocks are doing better.
- VLDRW 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 VLDRW is lagging the market.
- Warning: VLDRW has an average volume of 12410 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month VLDRW has a been trading in the 0.25 - 0.45 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.
VLDRW Weekly and Daily overview Charts
VLDRW Setup Rating and Analysis
The technical rating of VLDRW 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
VLDRW Support and Resistance Analysis
0.26
When analyzing the support we can see 2 important areas.
- Support @0.28 from a trend line in the daily time frame.
- Support @0.26 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 0.33 to 0.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.34 to 0.34. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.39 from a trend line in the daily time frame.
- Resistance @0.43 from a trend line in the daily time frame.
VLDRW Technical Indicator Signal Analysis
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 VLDRW is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for VLDRW is neutral. |
| ChartMill Relative Strength | 3.31 | NEGATIVE | VLDRW has a low relative strength, it was outperformed by 96.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of VLDRW is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of VLDRW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of VLDRW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.45 | NEUTRAL | The RSI value for VLDRW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests VLDRW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 40.35 | NEUTRAL | The Stochastics value for VLDRW is a neutral value. |
| Average True Range in percent/ATR (20) | 12.4 | HIGH VOLATILITY | The high ATR as a percentage value for VLDRW suggests high volalility. |
| Average Directional Index/ADX (14) | 17.87 | NEGATIVE | The low ADX value for VLDRW suggests a weak or negative trend. |
VLDRW Chart- and CandleStick Pattern Analysis
VLDRW Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:VLDRW (2/10/2023, 8:00:02 PM)
0.32
-0.02 (-5.6%)
VELODYNE LIDAR I -CW25 / VLDRW TA FAQ
What is the technical rating for VLDRW stock?
ChartMill assigns a technical rating of 1 / 10 to VLDRW.
What is the trend direction for VLDRW stock?
The current trend direction for VELODYNE LIDAR I -CW25 (VLDRW) is Bearish.
What is the RSI signal for VLDRW stock?
VELODYNE LIDAR I -CW25 (VLDRW) has an RSI value of 48.4454. This indicates that the stock is currently neutral.
What is the MACD signal for VELODYNE LIDAR I -CW25 (VLDRW) stock?
The MACD indicator for VELODYNE LIDAR I -CW25 (VLDRW) has a value of 0.000513161, indicating a bearish trend.
What is the short term momentum for VLDRW stock?
The short term momentum for VELODYNE LIDAR I -CW25 (VLDRW) is neutral.