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VINTAGE WINE ESTATES INC (VWE) Stock Technical Analysis

NASDAQ:VWE - Nasdaq - US92747V1061 - Common Stock - Currency: USD

0.0262  -0.03 (-49.52%)

After market: 0.0141 -0.01 (-46.18%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to VWE. VWE'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.

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, VWE is a bad performer in the overall market: 100% of all stocks are doing better.
VWE is part of the Beverages industry. There are 33 other stocks in this industry, of which 87% are performing better than VWE.
VWE is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so VWE is lagging the market.
In the last month VWE has a been trading in the 0.03 - 0.18 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
VWE has an average volume of 6022760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
VINTAGE WINE ESTATES INC / VWE Weekly stock chart
VINTAGE WINE ESTATES INC / VWE Daily stock chart
Setup Rating and Analysis

2

The technical rating of VWE is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for VWE is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for VWE is down.
ChartMill Relative Strength0.17NEGATIVEVWE has a low relative strength, it was outperformed by 99.83% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of VWE is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of VWE is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of VWE is below a declining SMA(200).
Relative Strength Index/RSI (14)17.56OVERSOLDThe low RSI value suggests VWE may be oversold.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.01NEGATIVEThe MACD value suggests VWE has a negative trend.
Stochastics (14,3)4.42OVERSOLDThe low Stochastics value suggests VWE may be oversold.
Average True Range in percent/ATR (20)89.9HIGH VOLATILITYThe high ATR as a percentage value for VWE suggests high volalility.
Average Directional Index/ADX (14)20.15NEUTRALThe ADX value for VWE suggests a possible start of a new trend.
Chart- and CandleStick Pattern Analysis
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)
VINTAGE WINE ESTATES INC / VWE Daily stock chart

VINTAGE WINE ESTATES INC

NASDAQ:VWE (8/1/2024, 8:00:03 PM)

After market: 0.0141 -0.01 (-46.18%)

0.0262

-0.03 (-49.52%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryBeverages
Performance
% Chg-49.52%
1 Week-62.52%
2 Weeks-80.06%
1 Month-80.88%
3 Month-91.5%
6 Month-94.5%
12 Month-97.35%
2 Year-99.56%
3 Year-99.74%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%89.9%
ATR Inc-9.67%
Range Today0.02
ADR(20)0.02
ADR(20)%82.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.17
Mansfield-9.49
10 Day High0.14
10 Day Low0.03
20 Day High0.18
20 Day Low0.03
52 Week High1.01
52 Week Low0.03
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)0.34%
DER(5)0.97%
Volume53.63M
Volume Incr823.67%
Vol(5)40.83M
Vol(50)6.02M