VAST RENEWABLES LIMITED (VSTE) Technical Analysis
NASDAQ:VSTE • AU0000288284
Current stock price
VSTE Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to VSTE. 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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 100% of all other stocks performed better in the past year than VSTE.
- VSTE is one of the lesser performing stocks in the Electrical Equipment industry. 93% of 92 stocks in the same industry do better.
- 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
When analyzing the resistance we notice 2 important 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 VSTE stock?
VAST RENEWABLES LIMITED (VSTE) has an RSI value of 27.526. This indicates that the stock is currently oversold.
Can you provide the short term momentum for VAST RENEWABLES LIMITED?
The short term momentum for VAST RENEWABLES LIMITED (VSTE) is negative.
What is the buy/sell signal for VAST RENEWABLES LIMITED (VSTE) stock?
The buy/sell signal for VAST RENEWABLES LIMITED (VSTE) is sell as both the short term and long term trends are negative.