SPRING VALLEY ACQUISITION-A (SVII)

KYG837521080 - Common Stock

11.43  0 (0%)

Technical Rating and Analysis

7

Taking everything into account, SVII scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, SVII is only an average performer.

The long and short term trends are both positive. This is looking good!
SVII is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SVII is lagging the market slightly.
When comparing the performance of all stocks over the past year, SVII turns out to be only a medium performer in the overall market: it outperformed 41% of all stocks.
In the last month SVII has a been trading in a tight range between 11.22 and 11.50.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
SVII Weekly chart
SVII Daily chart
Setup Rating and Analysis

7

SVII has an excellent technical rating, but the quality of the setup is 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.

Support and Resistance Analysis

10.22

11.55

We found 2 important support areas.

  • A support zone ranging from 10.92 to 11.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @10.32 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 11.44 to 11.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS41.46
Mansfield-0.61
10 Day High11.43
10 Day Low11.32
20 Day High11.5
20 Day Low11.22
52 Week High11.5
52 Week Low10.75
Performance
1 Week0.53%
2 Weeks0.94%
1 Month1.69%
3 Month2.51%
6 Month3.44%
12 Month6.42%
2 Year13.73%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)76.32
LBB11.29
UBB11.43
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
11.4511.310.14 (1.22%)25.00%
An entry @11.45. This is a Buy Stop order right above the resistance zone.An exit @11.31. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 0.14 points, which is 1.22%.For a 0.31% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • 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.
SVII Daily chart

SPRING VALLEY ACQUISITION-A

NASDAQ:SVII (10/31/2024, 8:00:00 PM)

11.43

0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week0.53%
2 Weeks0.94%
1 Month1.69%
3 Month2.51%
6 Month3.44%
12 Month6.42%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.04
ATR(20)%0.29%
ATR Inc
Range Today0.03
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High11.43
10 Day Low11.32
20 Day High11.5
20 Day Low11.22
52 Week High11.5
52 Week Low10.75
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume10.10K
Volume Incr396.23%
Vol(5)427.08K
Vol(50)129.08K