VSME Technical Analysis - VS MEDIA HOLDINGS LTD-CL A

Technical Rating and Analysis

We assign a technical rating of 10 out of 10 to VSME. Both in the recent history as in the last year, VSME has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.

Looking at the yearly performance, VSME did better than 98% of all other stocks.

VSME is one of the better performing stocks in the Interactive Media & Services industry, it outperforms 97% of 69 stocks in the same industry.

VSME is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so VSME is lagging the market slightly.

In the last month VSME has a been trading in the 1.08 - 2.91 range, which is quite wide. It is currently trading near the high of this range.

Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.

VSME has an average volume of 1535510 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

VS MEDIA HOLDINGS LTD-CL A / VSME Weekly stock chart

VS MEDIA HOLDINGS LTD-CL A / VSME Daily stock chart

Setup Rating and Analysis

VSME has an excellent technical rating, but the quality of the setup is only medium 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

2.77

2.85

When analyzing the support we notice one important area.

A support zone ranging from 2.80 to 2.82. This zone is formed by a combination of multiple trend lines in multiple time frames.

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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	UP	POSITIVE	The long term trend for VSME is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for VSME is up.
ChartMill Relative Strength	98.7	POSITIVE	VSME has a high relative strength, it outperformed 98.7% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of VSME is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of VSME is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of VSME is above the rising SMA(200).
Relative Strength Index/RSI (14)	84.76	OVERBOUGHT	The high RSI value suggests VSME may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.04	POSITIVE	The MACD value suggests VSME has a positive trend, although the MACD value is declining.
Stochastics (14,3)	92.02	OVERBOUGHT	The high Stochastics value suggests VSME may be overbought.
Average True Range in percent/ATR (20)	8.9	HIGH VOLATILITY	The high ATR as a percentage value for VSME suggests high volalility.
Average Directional Index/ADX (14)	67.72	POSITIVE	The high ADX value value for VSME suggests a strong trend.