VALENS SEMICONDUCTOR LTD (VLN) Stock Technical Analysis
NYSE:VLN • IL0011796880
Overall VLN gets a technical rating of 0 out of 10. VLN'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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, VLN is a bad performer in the overall market: 84% of all stocks are doing better.
- VLN is part of the Semiconductors & Semiconductor Equipment industry. There are 115 other stocks in this industry, of which 84% are performing better than VLN.
- VLN is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month VLN has a been trading in the 1.41 - 1.82 range, which is quite wide. It is currently trading near the lows of this range.
- VLN has an average volume of 2340040 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
The technical rating of VLN 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
1.41
2 important support areas can be observed.
- Support @1.46 from a trend line in the daily time frame.
- A support zone ranging from 1.42 to 1.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 1.49 to 1.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.61 from a horizontal line in the daily time frame.
- A resistance zone ranging from 2.29 to 2.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.86 from a trend line in the weekly time frame.
- Resistance @3.32 from a horizontal line in the weekly 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 VLN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for VLN is down. |
| ChartMill Relative Strength | 16.64 | NEGATIVE | VLN has a low relative strength, it was outperformed by 83.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VLN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of VLN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of VLN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.21 | NEUTRAL | The RSI value for VLN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests VLN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 51.41 | NEUTRAL | The Stochastics value for VLN is a neutral value. |
| Average True Range in percent/ATR (20) | 6.63 | HIGH VOLATILITY | The high ATR as a percentage value for VLN suggests high volalility. |
| Average Directional Index/ADX (14) | 12.15 | NEGATIVE | The low ADX value for VLN suggests a weak or negative trend. |
1.48
-0.12 (-7.5%)
VALENS SEMICONDUCTOR LTD / VLN FAQ
Can you provide the ChartMill technical rating for VALENS SEMICONDUCTOR LTD?
ChartMill assigns a technical rating of 0 / 10 to VLN.
What is the trend direction for VLN stock?
The current trend direction for VALENS SEMICONDUCTOR LTD (VLN) is Bearish.
Can you provide the RSI signal for VALENS SEMICONDUCTOR LTD?
VALENS SEMICONDUCTOR LTD (VLN) has an RSI value of 42.2054. This indicates that the stock is currently neutral.
What is the buy/sell signal for VLN stock?
The buy/sell signal for VALENS SEMICONDUCTOR LTD (VLN) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for VALENS SEMICONDUCTOR LTD?
VALENS SEMICONDUCTOR LTD (VLN) has a support level at 1.46 and a resistance level at 1.49. Check the full technical report for our detailed analysis of VLN support and resistance levels.