VISIONWAVE HOLDINGS INC (VWAVW) Stock Technical Analysis
USA - NASDAQ:VWAVW -
Overall VWAVW gets a technical rating of 6 out of 10. In the last year, VWAVW was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although the technical rating is only medium, VWAVW does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 1.49, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for VWAVW 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.
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1.44
When analyzing the support we notice one important area.
- A support zone ranging from 1.45 to 1.49. This zone is formed by a combination of multiple trend lines and important moving averages 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 VWAVW is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VWAVW is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | VWAVW has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VWAVW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VWAVW is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 58.45 | NEUTRAL | The RSI value for VWAVW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests VWAVW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.85 | NEUTRAL | The Stochastics value for VWAVW is a neutral value. |
| Average True Range in percent/ATR (20) | 31.37 | HIGH VOLATILITY | The high ATR as a percentage value for VWAVW suggests high volalility. |
| Average Directional Index/ADX (14) | 24.09 | NEUTRAL | The ADX value for VWAVW suggests a possible start of a new trend. |
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 |
|---|---|---|---|
| 1.94 | 1.44 | 0.50 (25.85%) | 3.87% |
| An entry @1.94. This is a Buy Stop order right above the 10 day high. | An exit @1.44. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.50 points, which is 25.85%. | For a 1.00% total portfolio risk, you can invest 3.87% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of VWAVW. 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.
1.6899
+0.2 (+13.48%)
VISIONWAVE HOLDINGS INC / VWAVW FAQ
What is the ChartMill technical rating of VISIONWAVE HOLDINGS INC (VWAVW) stock?
ChartMill assigns a technical rating of 6 / 10 to VWAVW.
What is the trend direction for VWAVW stock?
The current trend direction for VISIONWAVE HOLDINGS INC (VWAVW) is Bullish.
Can you provide the RSI signal for VISIONWAVE HOLDINGS INC?
VISIONWAVE HOLDINGS INC (VWAVW) has an RSI value of 58.4477. This indicates that the stock is currently neutral.
What is the MACD signal for VISIONWAVE HOLDINGS INC (VWAVW) stock?
The MACD indicator for VISIONWAVE HOLDINGS INC (VWAVW) has a value of -0.0436301, indicating a bearish trend.
Can you provide the short term momentum for VISIONWAVE HOLDINGS INC?
The short term momentum for VISIONWAVE HOLDINGS INC (VWAVW) is positive.