VSME Technical Analysis - VS MEDIA HOLDINGS LTD-CL A

Technical Rating and Analysis

Taking everything into account, VSME scores 4 out of 10 in our technical rating. Although VSME is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

VSME is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.

In the last month VSME has a been trading in the 1.15 - 3.21 range, which is quite wide. It is currently trading near the lows of this range.

Prices have been falling strongly lately, it is better to avoid new long positions here.

Looking at the yearly performance, VSME did better than 89% of all other stocks.

VSME is one of the better performing stocks in the Interactive Media & Services industry, it outperforms 85% of 69 stocks in the same industry.

VSME has an average volume of 2241630 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

The long term trend is neutral, but the short term trend is negative. Better to stay away from this!

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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 average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

1.28

1.31

We found 1 important support area.

A support zone ranging from 1.29 to 1.29. 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	NEUTRAL	NEUTRAL	The long term trend for VSME is neutral.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for VSME is down.
ChartMill Relative Strength	89.95	POSITIVE	VSME has a high relative strength, it outperformed 89.95% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of VSME is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of VSME is below a declining 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)	27.01	OVERSOLD	The low RSI value suggests VSME may be oversold.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.19	NEGATIVE	The MACD value suggests VSME has a negative trend.
Stochastics (14,3)	6.5	OVERSOLD	The low Stochastics value suggests VSME may be oversold.
Average True Range in percent/ATR (20)	27.44	HIGH VOLATILITY	The high ATR as a percentage value for VSME suggests high volalility.
Average Directional Index/ADX (14)	38.04	POSITIVE	The high ADX value value for VSME suggests a strong trend.