We assign a technical rating of 3 out of 10 to VUZI. VUZI performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
- When comparing the yearly performance of all stocks, VUZI is a bad performer in the overall market: 85% of all stocks are doing better.
- VUZI is one of the lesser performing stocks in the Electronic Equipment, Instruments & Components industry. 69% of 124 stocks in the same industry do better.
- In the last month VUZI has a been trading in the 2.92 - 4.04 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.
- VUZI has an average volume of 2263380 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- VUZI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so VUZI is lagging the market.
- Considerably lower volume is observed in the last couple of days.
VUZI has a poor technical rating and the quality of the setup is also not perfect 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
2.16
4 important support areas can be observed.
- A support zone ranging from 2.94 to 2.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.38 from a trend line in the weekly time frame.
- Support @2.30 from a trend line in the weekly time frame.
- Support @2.18 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 3.77 to 3.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 VUZI is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for VUZI is down. |
| ChartMill Relative Strength | 15.76 | NEGATIVE | VUZI has a low relative strength, it was outperformed by 84.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VUZI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VUZI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VUZI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.6 | NEUTRAL | The RSI value for VUZI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests VUZI has a negative trend. |
| Stochastics (14,3) | 7.51 | OVERSOLD | The low Stochastics value suggests VUZI may be oversold. |
| Average True Range in percent/ATR (20) | 9.46 | HIGH VOLATILITY | The high ATR as a percentage value for VUZI suggests high volalility. |
| Average Directional Index/ADX (14) | 20.99 | NEUTRAL | The ADX value for VUZI suggests a possible start of a new trend. |
2.98
-0.06 (-1.97%)
VUZIX CORP / VUZI FAQ
What is the ChartMill technical rating of VUZIX CORP (VUZI) stock?
ChartMill assigns a technical rating of 3 / 10 to VUZI.
What is the trend direction for VUZI stock?
The current trend direction for VUZIX CORP (VUZI) is Bullish.
What is the RSI signal for VUZI stock?
VUZIX CORP (VUZI) has an RSI value of 43.6002. This indicates that the stock is currently neutral.
What is the buy/sell signal for VUZIX CORP (VUZI) stock?
The buy/sell signal for VUZIX CORP (VUZI) is hold as the short term and long term trends are mixed.
What are the support and resistance levels for VUZIX CORP (VUZI) stock?
VUZIX CORP (VUZI) has a support level at 2.97 and a resistance level at 3.77. Check the full technical report for our detailed analysis of VUZI support and resistance levels.