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.
- 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.
- 98% of all other stocks performed better in the past year than VRAX.
- VRAX is part of the Health Care Providers & Services industry. There are 100 other stocks in this industry, of which 88% are performing better than VRAX.
- VRAX is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so VRAX is lagging the market.
- In the last month VRAX has a been trading in the 0.15 - 0.28 range, which is quite wide. It is currently trading near the lows of this range.
- VRAX has an average volume of 5183070 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Volume is considerably higher in the last couple of days.
VRAX Weekly and Daily overview Charts
VRAX Setup Rating and Analysis
The technical rating of VRAX is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
VRAX Support and Resistance Analysis
0.17
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 0.18 to 0.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.31 from a trend line in the weekly time frame.
- Resistance @0.32 from a trend line in the daily 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 | NEUTRAL | NEUTRAL | The short term trend for VRAX is neutral. |
| ChartMill Relative Strength | 2.22 | NEGATIVE | VRAX has a low relative strength, it was outperformed by 97.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VRAX is below 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) | 43.31 | 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, although the MACD value is declining. |
| Stochastics (14,3) | 35.34 | NEUTRAL | The Stochastics value for VRAX is a neutral value. |
| Average True Range in percent/ATR (20) | 14.72 | HIGH VOLATILITY | The high ATR as a percentage value for VRAX suggests high volalility. |
| Average Directional Index/ADX (14) | 23.59 | NEUTRAL | The ADX value for VRAX suggests a possible start of a new trend. |
VRAX Chart- and CandleStick Pattern Analysis
VRAX Technicals: Chart, Performance Metrics, Trend & Indicators
0.174
-0.02 (-12.12%)
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 43.3149. 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 0.0032972, indicating a bearish trend.