Taking everything into account, VMAR scores 0 out of 10 in our technical rating. 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.
The technical rating of VMAR is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
0.56
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 | 0.79 | NEGATIVE | VMAR has a low relative strength, it was outperformed by 99.21% 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) | 23.17 | OVERSOLD | The low RSI value suggests VMAR may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests VMAR has a negative trend. |
| Stochastics (14,3) | 4.53 | OVERSOLD | The low Stochastics value suggests VMAR may be oversold. |
| Average True Range in percent/ATR (20) | 20.88 | HIGH VOLATILITY | The high ATR as a percentage value for VMAR suggests high volalility. |
| Average Directional Index/ADX (14) | 33.77 | POSITIVE | The high ADX value value for VMAR suggests a strong trend. |
0.5701
+0.03 (+5.57%)
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 23.1718. This indicates that the stock is currently oversold.
The MACD indicator for VISION MARINE TECHNOLOGIES (VMAR) has a value of -0.0546346, indicating a bearish trend.
The short term momentum for VISION MARINE TECHNOLOGIES (VMAR) is negative.