VISIONWAVE HOLDINGS INC (VWAV) Stock Technical Analysis
NASDAQ:VWAV • US9279501053
Taking everything into account, VWAV scores 0 out of 10 in our technical rating. VWAV'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 VWAV.
- VWAV is part of the Aerospace & Defense industry. There are 74 other stocks in this industry, of which 89% are performing better than VWAV.
- In the last month VWAV has a been trading in the 7.04 - 10.93 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.
VWAV has a poor technical rating and the quality of the setup is also only medium 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.
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7.62
When analyzing the support we notice one important area.
- A support zone ranging from 7.70 to 7.79. 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 VWAV is down. |
| 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) | 37.72 | NEUTRAL | The RSI value for VWAV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests VWAV has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.67 | OVERSOLD | The low Stochastics value suggests VWAV may be oversold. |
| Average True Range in percent/ATR (20) | 10.49 | HIGH VOLATILITY | The high ATR as a percentage value for VWAV suggests high volalility. |
| Average Directional Index/ADX (14) | 21.91 | NEUTRAL | The ADX value for VWAV suggests a possible start of a new trend. |
7.8
-0.08 (-1.02%)
VISIONWAVE HOLDINGS INC / VWAV FAQ
What is the ChartMill technical rating of VISIONWAVE HOLDINGS INC (VWAV) stock?
ChartMill assigns a technical rating of 0 / 10 to VWAV.
What is the current trend direction of VISIONWAVE HOLDINGS INC (VWAV) stock?
The current trend direction for VISIONWAVE HOLDINGS INC (VWAV) is Bearish.
What is the RSI signal for VWAV stock?
VISIONWAVE HOLDINGS INC (VWAV) has an RSI value of 37.715. This indicates that the stock is currently neutral.
What is the MACD signal for VWAV stock?
The MACD indicator for VISIONWAVE HOLDINGS INC (VWAV) has a value of -0.0842064, indicating a bearish trend.
What is the short term momentum for VISIONWAVE HOLDINGS INC (VWAV) stock?
The short term momentum for VISIONWAVE HOLDINGS INC (VWAV) is negative.