Vmware Inc (VMW) Technical Analysis
NYSE:VMW • US9285634021
Current stock price
VMW Technical Rating and Analysis
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
VMW Setup Rating and Analysis
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.
More info and screens
VMW Support and Resistance Analysis
127.96
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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for VMW is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for VMW is down. |
| ChartMill Relative Strength | 67.84 | NEUTRAL | VMW is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VMW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of VMW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VMW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 32.73 | NEUTRAL | The RSI value for VMW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.4 | POSITIVE | The MACD value suggests VMW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 41.63 | NEUTRAL | The Stochastics value for VMW is a neutral value. |
| Average True Range in percent/ATR (20) | 2.59 | MEDIUM VOLATILITY | The ATR as a percentage value for VMW suggests some volalility. |
| Average Directional Index/ADX (14) | 25.32 | POSITIVE | The high ADX value value for VMW suggests a strong trend. |
VMW Chart- and CandleStick Pattern Analysis
VMW Technicals: Chart, Performance Metrics, Trend & Indicators
142.48
-7.43 (-4.96%)
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.