VIRAX BIOLABS GROUP LTD (VRAX) Technical Analysis
NASDAQ:VRAX • KYG9495L1251
Current stock price
VRAX Technical Rating and Analysis
Overall VRAX gets a technical rating of 0 out of 10. VRAX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, VRAX is a bad performer in the overall market: 98% of all stocks are doing better.
- VRAX is part of the Health Care Providers & Services industry. There are 100 other stocks in this industry, of which 87% are performing better than VRAX.
- VRAX is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month VRAX has a been trading in the 0.10 - 0.28 range, which is quite wide. It is currently trading near the lows of this range.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- VRAX has an average volume of 15875300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
VRAX Weekly and Daily overview Charts
VRAX Setup Rating and Analysis
VRAX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 0.15, a Stop Loss order could be placed below this zone.
More info and screens
VRAX Support and Resistance Analysis
0.14
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.15 to 0.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.14 from a trend line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- Resistance @0.16 from a trend line in the daily time frame.
- A resistance zone ranging from 0.17 to 0.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.19 from a trend line in the daily time frame.
- Resistance @0.25 from a trend line in the weekly time frame.
VRAX 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 | DOWN | NEGATIVE | The long term trend for VRAX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for VRAX is down. |
| ChartMill Relative Strength | 2.88 | NEGATIVE | VRAX has a low relative strength, it was outperformed by 97.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of VRAX is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of VRAX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of VRAX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.02 | NEUTRAL | The RSI value for VRAX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests VRAX has a positive trend. |
| Stochastics (14,3) | 43.36 | NEUTRAL | The Stochastics value for VRAX is a neutral value. |
| Average True Range in percent/ATR (20) | 22.52 | HIGH VOLATILITY | The high ATR as a percentage value for VRAX suggests high volalility. |
| Average Directional Index/ADX (14) | 18.64 | NEGATIVE | The low ADX value for VRAX suggests a weak or negative trend. |
VRAX Chart- and CandleStick Pattern Analysis
VRAX Technicals: Chart, Performance Metrics, Trend & Indicators
0.1596
+0 (+0.44%)
VIRAX BIOLABS GROUP LTD / VRAX TA FAQ
Can you provide the ChartMill technical rating for VIRAX BIOLABS GROUP LTD?
ChartMill assigns a technical rating of 0 / 10 to VRAX.
What is the trend direction for VRAX stock?
The current trend direction for VIRAX BIOLABS GROUP LTD (VRAX) is Bearish.
What is the RSI signal for VIRAX BIOLABS GROUP LTD (VRAX) stock?
VIRAX BIOLABS GROUP LTD (VRAX) has an RSI value of 49.0224. This indicates that the stock is currently neutral.
Can you provide the MACD signal for VIRAX BIOLABS GROUP LTD?
The MACD indicator for VIRAX BIOLABS GROUP LTD (VRAX) has a value of 0.00312467, indicating a bearish trend.
What is the buy/sell signal for VIRAX BIOLABS GROUP LTD (VRAX) stock?
The buy/sell signal for VIRAX BIOLABS GROUP LTD (VRAX) is sell as both the short term and long term trends are negative.