VUZIX CORP (VUZI) Stock Technical Analysis
NASDAQ:VUZI • US92921W3007
Taking everything into account, VUZI scores 0 out of 10 in our technical rating. VUZI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, VUZI is a bad performer in the overall market: 82% of all stocks are doing better.
- VUZI is one of the lesser performing stocks in the Electronic Equipment, Instruments & Components industry. 72% of 123 stocks in the same industry do better.
- In the last month VUZI has a been trading in the 2.27 - 3.35 range, which is quite wide. It is currently trading near the lows of this range.
- VUZI has an average volume of 2019970 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- 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.
Although the technical rating is bad, VUZI does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for VUZI in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
2.14
6 important support areas can be observed.
- A support zone ranging from 2.52 to 2.52. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @2.45 from a trend line in the weekly time frame.
- Support @2.38 from a trend line in the weekly time frame.
- Support @2.32 from a trend line in the daily time frame.
- Support @2.28 from a horizontal line in the daily time frame.
- A support zone ranging from 2.16 to 2.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 2.66 to 2.70. 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 3.69 to 3.70. 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 | DOWN | NEGATIVE | The long term trend for VUZI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for VUZI is down. |
| ChartMill Relative Strength | 18.95 | NEGATIVE | VUZI has a low relative strength, it was outperformed by 81.05% 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) | DOWN | NEGATIVE | The current price of VUZI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of VUZI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.87 | NEUTRAL | The RSI value for VUZI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests VUZI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 34.64 | NEUTRAL | The Stochastics value for VUZI is a neutral value. |
| Average True Range in percent/ATR (20) | 7.54 | HIGH VOLATILITY | The high ATR as a percentage value for VUZI suggests high volalility. |
| Average Directional Index/ADX (14) | 24.73 | NEUTRAL | The ADX value for VUZI suggests a possible start of a new trend. |
2.53
+0.06 (+2.43%)
VUZIX CORP / VUZI FAQ
What is the ChartMill technical rating of VUZIX CORP (VUZI) stock?
ChartMill assigns a technical rating of 0 / 10 to VUZI.
What is the trend direction for VUZI stock?
The current trend direction for VUZIX CORP (VUZI) is Bearish.
What is the RSI signal for VUZI stock?
VUZIX CORP (VUZI) has an RSI value of 41.8745. 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 sell as both the short term and long term trends are negative.
What are the support and resistance levels for VUZIX CORP (VUZI) stock?
VUZIX CORP (VUZI) has a support level at 2.52 and a resistance level at 2.66. Check the full technical report for our detailed analysis of VUZI support and resistance levels.