GLIMPSE GROUP INC/THE (VRAR) Stock Technical Analysis
NASDAQ:VRAR - Nasdaq - US37892C1062 - Common Stock - Currency: USD
Overall VRAR gets a technical rating of 1 out of 10. VRAR'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 short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, VRAR is a bad performer in the overall market: 76% of all stocks are doing better.
VRAR is one of the lesser performing stocks in the IT Services industry. 67% of 82 stocks in the same industry do better.
VRAR is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so VRAR is lagging the market.
In the last month VRAR has a been trading in the 0.97 - 1.26 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
VRAR has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 1.22. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.17, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for VRAR in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
1.04
1.23
We found 3 important support areas.
- A support zone ranging from 1.15 to 1.17. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 1.10 to 1.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.05 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.22 to 1.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.45
Mansfield-0.17
10 Day High1.26
10 Day Low1.09
20 Day High1.26
20 Day Low0.97
52 Week High7
52 Week Low0.5
Performance
1 Week6.14%
2 Weeks7.08%
1 Month15.24%
3 Month-30.46%
6 Month108.33%
12 Month2.54%
2 Year-75.51%
3 Year-69.98%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)55.71
LBB1.09
UBB1.22
1.21
+0.05 (+4.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg4.31%
1 Week6.14%
2 Weeks7.08%
1 Month15.24%
3 Month-30.46%
6 Month108.33%
12 Month2.54%
2 Year-75.51%
3 Year-69.98%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%6.52%
ATR Inc47.29%
Range Today0.16
ADR(20)0.08
ADR(20)%6.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.45
Mansfield-0.17
10 Day High1.26
10 Day Low1.09
20 Day High1.26
20 Day Low0.97
52 Week High7
52 Week Low0.5
CS1 End1.17
CR1 Start1.22
Volume & EV
DER(3)1.52%
DER(5)15.57%
Volume291.53K
Volume Incr49.62%
Vol(5)116.69K
Vol(50)118.81K