Vmware Inc (VMW) Technical Analysis

NYSE:VMWUS9285634021

Current stock price

142.48 USD
-7.43 (-4.96%)
At close:
143 USD
+0.52 (+0.36%)
Pre-Market:

VMW Technical Rating and Analysis

1

We assign a technical rating of 1 out of 10 to VMW. VMW has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

  • VMW is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
  • VMW is one of the better performing stocks in the Software industry, it outperforms 84% of 277 stocks in the same industry.
  • VMW has an average volume of 2039480 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
  • The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
  • When comparing the performance of all stocks over the past year, VMW turns out to be only a medium performer in the overall market: it outperformed 67% of all stocks.
  • VMW is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so VMW is lagging the market slightly.
  • Considerably lower volume is observed in the last couple of days.

VMW Weekly and Daily overview Charts

Vmware Inc / VMW Weekly stock chart
Vmware Inc / VMW Daily stock chart

VMW Setup Rating and Analysis

2

The technical rating of VMW 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.

VMW Support and Resistance Analysis

127.96

151.42

2 important support areas can be observed.

  • A support zone ranging from 141.40 to 142.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @129.25 from a trend line in the weekly time frame.

When analyzing the resistance we notice 2 important areas.

  • Resistance @143.64 from a trend line in the daily time frame.
  • A resistance zone ranging from 147.56 to 149.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

VMW Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for VMW is neutral.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for VMW is down.
ChartMill Relative Strength67.84NEUTRALVMW is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of VMW is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of VMW is below a declining SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of VMW is above the rising SMA(200).
Relative Strength Index/RSI (14)32.73NEUTRALThe RSI value for VMW is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.4POSITIVEThe MACD value suggests VMW has a positive trend, although the MACD value is declining.
Stochastics (14,3)41.63NEUTRALThe Stochastics value for VMW is a neutral value.
Average True Range in percent/ATR (20)2.59MEDIUM VOLATILITYThe ATR as a percentage value for VMW suggests some volalility.
Average Directional Index/ADX (14)25.32POSITIVEThe high ADX value value for VMW suggests a strong trend.

VMW Chart- and CandleStick Pattern Analysis

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)

VMW Technicals: Chart, Performance Metrics, Trend & Indicators

Vmware Inc / VMW Daily stock chart

Vmware Inc

NYSE:VMW (11/21/2023, 8:04:00 PM)

Premarket: 143 +0.52 (+0.36%)

142.48

-7.43 (-4.96%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS IndustrySoftware
Performance
% Chg-4.96%
1 Week-4.12%
2 Weeks-4.23%
1 Month-5.45%
3 Month-12.35%
6 Month6.93%
12 Month19.47%
2 Year22.05%
3 Year1.85%
5 Year-14.86%
10 Year76.71%
15 Year636.33%
Volatility
ATR(14)3.33
ATR(20)%2.59%
ATR Inc106.86%
Range Today1.16
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.84
3 months CRSN/A
6 months CRSN/A
Mansfield-0.4
10 Day High153.56
10 Day Low142.47
20 Day High153.56
20 Day Low138
52 Week High181.14
52 Week Low109
CS1 End142.19
CR1 Start143.64
Volume & EV
DER(3)-4.85%
DER(5)-2.05%
Volume2.74M
Volume Incr-48.32%
Vol(5)1.07M
Vol(50)2.04M

Vmware Inc / VMW TA FAQ

What is the ChartMill technical rating of Vmware Inc (VMW) stock?

ChartMill assigns a technical rating of 1 / 10 to VMW.


What is the trend direction for VMW stock?

The current trend direction for Vmware Inc (VMW) is Bearish.


Can you provide the RSI signal for Vmware Inc?

Vmware Inc (VMW) has an RSI value of 32.7276. This indicates that the stock is currently neutral.


What is the MACD signal for Vmware Inc (VMW) stock?

The MACD indicator for Vmware Inc (VMW) has a value of 0.404678, indicating a bearish trend.


What are the support and resistance levels for Vmware Inc (VMW) stock?

Vmware Inc (VMW) has a support level at 142.19 and a resistance level at 143.64. Check the full technical report for our detailed analysis of VMW support and resistance levels.