VAST RENEWABLES LIMITED (VSTE) Technical Analysis
NASDAQ:VSTE • AU0000288284
Current stock price
VSTE Technical Rating and Analysis
Overall VSTE gets a technical rating of 0 out of 10. VSTE'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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 100% of all other stocks performed better in the past year than VSTE.
- VSTE is part of the Electrical Equipment industry. There are 92 other stocks in this industry, of which 93% are performing better than VSTE.
- VSTE 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 VSTE is lagging the market.
- In the last month VSTE has a been trading in the 0.10 - 0.43 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.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- VSTE has an average volume of 6471340 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
VSTE Weekly and Daily overview Charts
VSTE Setup Rating and Analysis
The technical rating of VSTE 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
VSTE Support and Resistance Analysis
0.13
We can see 2 important resistance areas.
- Resistance @0.20 from a trend line in the daily time frame.
- Resistance @0.26 from a trend line in the daily time frame.
VSTE 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 VSTE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for VSTE is down. |
| ChartMill Relative Strength | 0.46 | NEGATIVE | VSTE has a low relative strength, it was outperformed by 99.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VSTE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of VSTE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of VSTE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 27.53 | OVERSOLD | The low RSI value suggests VSTE may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests VSTE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 20.5 | NEUTRAL | The Stochastics value for VSTE is a neutral value. |
| Average True Range in percent/ATR (20) | 40.16 | HIGH VOLATILITY | The high ATR as a percentage value for VSTE suggests high volalility. |
| Average Directional Index/ADX (14) | 21.13 | NEUTRAL | The ADX value for VSTE suggests a possible start of a new trend. |
VSTE Chart- and CandleStick Pattern Analysis
VSTE Technicals: Chart, Performance Metrics, Trend & Indicators
0.132
-0.03 (-19.07%)
VAST RENEWABLES LIMITED / VSTE TA FAQ
What is the technical rating for VSTE stock?
ChartMill assigns a technical rating of 0 / 10 to VSTE.
What is the current trend direction of VAST RENEWABLES LIMITED (VSTE) stock?
The current trend direction for VAST RENEWABLES LIMITED (VSTE) is Bearish.
What is the RSI signal for VAST RENEWABLES LIMITED (VSTE) stock?
VAST RENEWABLES LIMITED (VSTE) has an RSI value of 27.526. This indicates that the stock is currently oversold.
What is the MACD signal for VSTE stock?
The MACD indicator for VAST RENEWABLES LIMITED (VSTE) has a value of 0.000840702, indicating a bearish trend.
What is the support and resistance level for VSTE stock?
VAST RENEWABLES LIMITED (VSTE) has a resistance level at 0.2. Check the full technical report for our detailed analysis of VSTE support and resistance levels.