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VIA RENEWABLES INC (VIA) Stock Technical Analysis

NASDAQ:VIA - Nasdaq - US92556D3044 - Common Stock - Currency: USD

10.995  +0 (+0.05%)

Technical Rating and Analysis

7

Taking everything into account, VIA 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, VIA is only an average performer.

Warning: VIA has an average volume of 14594 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
VIA is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
When compared to the yearly performance of all other stocks, VIA outperforms 49% of them, which is more or less in line with the market.
VIA is part of the Electric Utilities industry. There are 47 other stocks in this industry, VIA did better than 43% of them.
In the last month VIA has a been trading in a tight range between 10.50 and 11.01.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
VIA RENEWABLES INC / VIA Weekly stock chart
VIA RENEWABLES INC / VIA Daily stock chart
Setup Rating and Analysis

10

Besides having an excellent technical rating, VIA also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 11.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 10.96, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for VIA in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

10.42

11.12

We found 1 important support area.

  • A support zone ranging from 10.53 to 10.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 11.00 to 11.01. 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
CRS49.48
Mansfield0.43
10 Day High11.01
10 Day Low10.6
20 Day High11.01
20 Day Low10.5
52 Week High11.61
52 Week Low5.22
Performance
1 Week2.76%
2 Weeks3.73%
1 Month0.23%
3 Month0.87%
6 Month20.03%
12 Month2.76%
2 Year-71.29%
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)0.03
RSI(14)59.58
LBB10.45
UBB11.12
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
11.0210.590.43 (3.90%)25.00%
An entry @11.02. This is a Buy Stop order right above the resistance zone.An exit @10.59. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 0.43 points, which is 3.90%.For a 0.98% 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.
VIA RENEWABLES INC / VIA Daily stock chart

VIA RENEWABLES INC

NASDAQ:VIA (6/13/2024, 8:55:17 PM)

10.995

+0 (+0.05%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg0.05%
1 Week2.76%
2 Weeks3.73%
1 Month0.23%
3 Month0.87%
6 Month20.03%
12 Month2.76%
2 Year-71.29%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%1.13%
ATR Inc-92.52%
Range Today0.01
ADR(20)0.12
ADR(20)%1.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.48
Mansfield0.43
10 Day High11.01
10 Day Low10.6
20 Day High11.01
20 Day Low10.5
52 Week High11.61
52 Week Low5.22
CS1 End10.96
CR1 Start11
Volume & EV
DER(3)0.43%
DER(5)4.06%
Volume37.50K
Volume Incr266.73%
Vol(5)41.44K
Vol(50)14.59K