Overall VWAV gets a technical rating of 1 out of 10. VWAV performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
Although the technical rating is bad, VWAV does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for VWAV 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
8.68
3 important support areas can be observed.
- A support zone ranging from 9.92 to 10.04. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Support @9.61 from a horizontal line in the daily time frame.
- Support @8.77 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 10.06 to 10.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @12.51 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 VWAV is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for VWAV is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | VWAV has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VWAV is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of VWAV is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 44.9 | NEUTRAL | The RSI value for VWAV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests VWAV has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.92 | OVERSOLD | The low Stochastics value suggests VWAV may be oversold. |
| Average True Range in percent/ATR (20) | 13.83 | HIGH VOLATILITY | The high ATR as a percentage value for VWAV suggests high volalility. |
| Average Directional Index/ADX (14) | 23.65 | NEUTRAL | The ADX value for VWAV suggests a possible start of a new trend. |
10.05
-0.12 (-1.18%)
VISIONWAVE HOLDINGS INC / VWAV FAQ
What is the ChartMill technical rating of VISIONWAVE HOLDINGS INC (VWAV) stock?
ChartMill assigns a technical rating of 1 / 10 to VWAV.
Can you provide the trend direction for VISIONWAVE HOLDINGS INC?
The current trend direction for VISIONWAVE HOLDINGS INC (VWAV) is Bullish.
What is the RSI signal for VWAV stock?
VISIONWAVE HOLDINGS INC (VWAV) has an RSI value of 44.9034. This indicates that the stock is currently neutral.
What is the short term momentum for VISIONWAVE HOLDINGS INC (VWAV) stock?
The short term momentum for VISIONWAVE HOLDINGS INC (VWAV) is negative.
Can you provide the support and resistance levels for VISIONWAVE HOLDINGS INC?
VISIONWAVE HOLDINGS INC (VWAV) has a support level at 10.04 and a resistance level at 10.06. Check the full technical report for our detailed analysis of VWAV support and resistance levels.