VISION MARINE TECHNOLOGIES (VMAR) Stock Technical Analysis
USA - NASDAQ:VMAR - CA92840Q3017 - Common Stock
Overall VMAR gets a technical rating of 1 out of 10. VMAR'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.
VMAR has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. We notice that large players showed an interest for VMAR in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.34
2 important support areas can be observed.
- Support @1.44 from a trend line in the daily time frame.
- A support zone ranging from 1.35 to 1.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @1.64 from a horizontal line in the daily 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 VMAR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for VMAR is down. |
| ChartMill Relative Strength | 0.38 | NEGATIVE | VMAR has a low relative strength, it was outperformed by 99.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VMAR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of VMAR is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of VMAR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.52 | NEUTRAL | The RSI value for VMAR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests VMAR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 53.98 | NEUTRAL | The Stochastics value for VMAR is a neutral value. |
| Average True Range in percent/ATR (20) | 6.76 | HIGH VOLATILITY | The high ATR as a percentage value for VMAR suggests high volalility. |
| Average Directional Index/ADX (14) | 21.92 | NEUTRAL | The ADX value for VMAR suggests a possible start of a new trend. |
1.58
-0.03 (-1.86%)
VISION MARINE TECHNOLOGIES / VMAR FAQ
What is the ChartMill technical rating of VISION MARINE TECHNOLOGIES (VMAR) stock?
ChartMill assigns a technical rating of 1 / 10 to VMAR.
Can you provide the trend direction for VISION MARINE TECHNOLOGIES?
The current trend direction for VISION MARINE TECHNOLOGIES (VMAR) is Bearish.
Can you provide the RSI signal for VISION MARINE TECHNOLOGIES?
VISION MARINE TECHNOLOGIES (VMAR) has an RSI value of 47.5183. This indicates that the stock is currently neutral.
What is the MACD signal for VISION MARINE TECHNOLOGIES (VMAR) stock?
The MACD indicator for VISION MARINE TECHNOLOGIES (VMAR) has a value of 0.0421288, indicating a bearish trend.
Can you provide the short term momentum for VISION MARINE TECHNOLOGIES?
The short term momentum for VISION MARINE TECHNOLOGIES (VMAR) is negative.