VUZIX CORP (VUZI) Stock Technical Analysis
NASDAQ:VUZI - Nasdaq - US92921W3007 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to VUZI. In the last year, VUZI was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
In the last month VUZI has a been trading in the 2.67 - 3.42 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
VUZI is one of the better performing stocks in the Electronic Equipment, Instruments & Components industry, it outperforms 82% of 125 stocks in the same industry.
VUZI has an average volume of 1878090 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, VUZI did better than 95% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
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.
Volume is considerably higher in the last couple of days.
VUZI has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 2.80, a Stop Loss order could be placed below this zone.
More info and screens
1.89
3.15
When analyzing the support we can see 3 important areas.
- A support zone ranging from 2.77 to 2.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.97 from a trend line in the weekly time frame.
- Support @1.91 from a trend line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 2.89 to 2.90. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 2.98 to 2.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.12 from a trend line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The short term trend for VUZI is neutral. |
| ChartMill Relative Strength | 95.42 | POSITIVE | VUZI has a high relative strength, it outperformed 95.42% 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) | 49.86 | NEUTRAL | The RSI value for VUZI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests VUZI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.31 | NEUTRAL | The Stochastics value for VUZI is a neutral value. |
| Average True Range in percent/ATR (20) | 8.65 | HIGH VOLATILITY | The high ATR as a percentage value for VUZI suggests high volalility. |
| Average Directional Index/ADX (14) | 33.83 | POSITIVE | The high ADX value value for VUZI suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 2.91 | 2.76 | 0.15 (5.15%) | 19.40% |
| An entry @2.91. This is a Buy Stop order right above the resistance zone. | An exit @2.76. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.15 points, which is 5.15%. | For a 1.00% total portfolio risk, you can invest 19.40% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of VUZI. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
2.81
-0.07 (-2.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-2.43%
1 Week-2.43%
2 Weeks-8.47%
1 Month-7.87%
3 Month25.45%
6 Month-46.48%
12 Month108.15%
2 Year-44.9%
3 Year-60.42%
5 Year17.57%
10 Year-53.09%
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%8.65%
ATR Inc-21.51%
Range Today0.16
ADR(20)0.22
ADR(20)%7.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.42
Mansfield2.01
10 Day High3.29
10 Day Low2.67
20 Day High3.43
20 Day Low2.67
52 Week High5.79
52 Week Low0.83
CS1 End2.8
CR1 Start2.89
Volume & EV
DER(3)-3.21%
DER(5)-5.69%
Volume10.72M
Volume Incr54.57%
Vol(5)3.13M
Vol(50)1.88M