We assign a technical rating of 0 out of 10 to VMAR. 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 poor technical rating and the quality of the setup is also not perfect 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.
0.19
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 | 0.2 | NEGATIVE | VMAR has a low relative strength, it was outperformed by 99.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VMAR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of VMAR is below 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) | 32.9 | NEUTRAL | The RSI value for VMAR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests VMAR has a positive trend. |
| Stochastics (14,3) | 10.37 | OVERSOLD | The low Stochastics value suggests VMAR may be oversold. |
| Average True Range in percent/ATR (20) | 63.93 | HIGH VOLATILITY | The high ATR as a percentage value for VMAR suggests high volalility. |
| Average Directional Index/ADX (14) | 15.68 | NEGATIVE | The low ADX value for VMAR suggests a weak or negative trend. |
0.1937
-0.01 (-3%)
ChartMill assigns a technical rating of 0 / 10 to VMAR.
The current trend direction for VISION MARINE TECHNOLOGIES (VMAR) is Bearish.
VISION MARINE TECHNOLOGIES (VMAR) has an RSI value of 32.8957. This indicates that the stock is currently neutral.
The MACD indicator for VISION MARINE TECHNOLOGIES (VMAR) has a value of 0.0233618, indicating a bearish trend.
The buy/sell signal for VISION MARINE TECHNOLOGIES (VMAR) is sell as both the short term and long term trends are negative.