GLIMPSE GROUP INC/THE (VRAR) Stock Technical Analysis
NASDAQ:VRAR - Nasdaq - US37892C1062 - Common Stock - Currency: USD
Taking everything into account, VRAR scores 1 out of 10 in our technical rating. 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
79% of all other stocks performed better in the past year than VRAR.
VRAR is one of the lesser performing stocks in the IT Services industry. 69% 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 - 1.22 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, VRAR does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. We notice that large players showed an interest for VRAR in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.01
1.25
4 important support areas can be observed.
- A support zone ranging from 1.14 to 1.15. 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 1.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.04 from a trend line in the daily time frame.
- Support @1.02 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @1.20 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 1.23 to 1.24. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS21.92
Mansfield-0.5
10 Day High1.22
10 Day Low1.09
20 Day High1.22
20 Day Low0.97
52 Week High7
52 Week Low0.5
Performance
1 Week0%
2 Weeks3.57%
1 Month11.54%
3 Month-33.33%
6 Month99.72%
12 Month-1.69%
2 Year-76.52%
3 Year-71.22%
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)51.14
LBB1.1
UBB1.2
1.16
+0.02 (+1.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg1.75%
1 Week0%
2 Weeks3.57%
1 Month11.54%
3 Month-33.33%
6 Month99.72%
12 Month-1.69%
2 Year-76.52%
3 Year-71.22%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%6.4%
ATR Inc-14.49%
Range Today0.07
ADR(20)0.07
ADR(20)%6.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.92
Mansfield-0.5
10 Day High1.22
10 Day Low1.09
20 Day High1.22
20 Day Low0.97
52 Week High7
52 Week Low0.5
CS1 End1.15
CR1 Start1.2
Volume & EV
DER(3)18.64%
DER(5)14.82%
Volume71.90K
Volume Incr-21.17%
Vol(5)69.92K
Vol(50)115.22K