VALENS SEMICONDUCTOR LTD (VLN) Stock Technical Analysis
NYSE:VLN - IL0011796880 - Common Stock
2.02 USD
-0.02 (-0.98%)
2.01 USD
-0.01 (-0.5%)
Taking everything into account, VLN scores 0 out of 10 in our technical rating. 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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, VLN is a bad performer in the overall market: 82% of all stocks are doing better.
VLN is one of the lesser performing stocks in the Semiconductors & Semiconductor Equipment industry. 74% of 110 stocks in the same industry do better.
VLN 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.
In the last month VLN has a been trading in the 1.99 - 2.50 range, which is quite wide. It is currently trading near the lows of this range.
Although the technical rating is bad, VLN does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 2.00, a Stop Loss order could be placed below this zone.
More info and screens
1.78
3.35
We found 3 important support areas.
- A support zone ranging from 1.97 to 2.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.84 from a horizontal line in the weekly time frame.
- Support @1.80 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- Resistance @2.24 from a horizontal line in the daily time frame.
- A resistance zone ranging from 3.06 to 3.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | 18.03 | NEGATIVE | VLN has a low relative strength, it was outperformed by 81.97% 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) | UP | MIXED | The current price of VLN is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 38.43 | NEUTRAL | The RSI value for VLN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests VLN has a negative trend. |
| Stochastics (14,3) | 29.49 | NEUTRAL | The Stochastics value for VLN is a neutral value. |
| Average True Range in percent/ATR (20) | 6.5 | HIGH VOLATILITY | The high ATR as a percentage value for VLN suggests high volalility. |
| Average Directional Index/ADX (14) | 21.22 | NEUTRAL | The ADX value for VLN suggests a possible start of a new 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)
2.02
-0.02 (-0.98%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-0.98%
1 Week-3.35%
2 Weeks-7.34%
1 Month-18.22%
3 Month-9.82%
6 Month-3.81%
12 Month-5.61%
2 Year-21.09%
3 Year-47.53%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%6.5%
ATR Inc-31.22%
Range Today0.06
ADR(20)0.12
ADR(20)%6.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.03
Mansfield-1.96
10 Day High2.24
10 Day Low1.99
20 Day High2.5
20 Day Low1.99
52 Week High3.5
52 Week Low1.67
CS1 End2
CR1 Start2.24
Volume & EV
DER(3)-9.47%
DER(5)-1.1%
Volume689.80K
Volume Incr-47.41%
Vol(5)620.20K
Vol(50)798.75K