SPRING VALLEY ACQUISIT-RIGHT (SVIIR)

KYG837521320

0.088  -0.02 (-20%)

Technical Rating and Analysis

0

Overall SVIIR gets a technical rating of 0 out of 10. SVIIR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
95% of all other stocks performed better in the past year than SVIIR.
SVIIR is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month SVIIR has a been trading in the 0.08 - 0.13 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.
Weekly and Daily overview Charts
SVIIR Weekly chart
SVIIR Daily chart
Setup Rating and Analysis

3

The technical rating of SVIIR is bad and it also does not present a quality setup 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

0.09

0.20

We found 1 important support area.

  • Support @0.09 from a trend line in the daily time frame.

We can see 4 important resistance areas.

  • A resistance zone ranging from 0.12 to 0.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 0.14 to 0.14. This zone is formed by a combination of multiple trend lines in the weekly time frame.
  • Resistance @0.18 from a horizontal line in the weekly time frame.
  • A resistance zone ranging from 0.20 to 0.20. This zone is formed by a combination of multiple trend lines in the daily time frame.
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
CRS5.76
Mansfield-4.79
10 Day High0.13
10 Day Low0.08
20 Day High0.13
20 Day Low0.08
52 Week High0.29
52 Week Low0.02
Performance
1 Week-12%
2 Weeks-25.42%
1 Month-32.36%
3 Month-32.31%
6 Month-48.24%
12 Month-56%
2 YearN/A
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
RSI(14)39.41
LBB0.09
UBB0.13
SVIIR Daily chart

SPRING VALLEY ACQUISIT-RIGHT

NASDAQ:SVIIR (9/16/2024, 4:00:00 PM)

0.088

-0.02 (-20%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-20%
1 Week-12%
2 Weeks-25.42%
1 Month-32.36%
3 Month-32.31%
6 Month-48.24%
12 Month-56%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.02
ATR(20)%16.69%
ATR Inc
Range Today0
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 High0.13
10 Day Low0.08
20 Day High0.13
20 Day Low0.08
52 Week High0.29
52 Week Low0.02
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume100
Volume Incr-21.43%
Vol(5)153.28K
Vol(50)114.08K