18.02 USD
+0.62 (+3.56%)
18.09 USD
+0.07 (+0.39%)
We assign a technical rating of 10 out of 10 to VIAV. Both in the recent history as in the last year, VIAV has proven to be a steady performer, scoring decent points in every aspect analyzed.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that VIAV is one of the better performing stocks in the market, outperforming 94% of all stocks. On top of that, VIAV also shows a nice and consistent pattern of rising prices.
VIAV is one of the better performing stocks in the Communications Equipment industry, it outperforms 87% of 48 stocks in the same industry.
VIAV 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 VIAV is lagging the market slightly.
VIAV has an average volume of 4351000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month VIAV has a been trading in the 15.51 - 19.75 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
VIAV has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
10.40
18.20
We found 3 important support areas.
- Support @17.14 from a horizontal line in the daily time frame.
- Support @14.78 from a trend line in the daily time frame.
- Support @10.51 from a trend line in the weekly 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 VIAV is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for VIAV is neutral. |
| ChartMill Relative Strength | 94.5 | POSITIVE | VIAV has a high relative strength, it outperformed 94.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VIAV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VIAV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VIAV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.74 | NEUTRAL | The RSI value for VIAV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests VIAV has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 27.08 | NEUTRAL | The Stochastics value for VIAV is a neutral value. |
| Average True Range in percent/ATR (20) | 4.28 | MEDIUM VOLATILITY | The ATR as a percentage value for VIAV suggests some volalility. |
| Average Directional Index/ADX (14) | 20.74 | NEUTRAL | The ADX value for VIAV suggests a possible start of a new trend. |
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)
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 |
|---|---|---|---|
| 18.21 | 17.13 | 1.08 (5.94%) | 16.83% |
| An entry @18.21. This is a Buy Stop order right above the 10 day moving average. | An exit @17.13. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.08 points, which is 5.94%. | For a 1.00% total portfolio risk, you can invest 16.83% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of VIAV. 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.
18.02
+0.62 (+3.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg3.56%
1 Week0.11%
2 Weeks-1.64%
1 Month13.19%
3 Month47.22%
6 Month91.7%
12 Month76.67%
2 Year78.95%
3 Year71.46%
5 Year20.33%
10 Year195.9%
15 YearN/A
Volatility
ATR(14)0.84
ATR(20)%4.28%
ATR Inc-25.3%
Range Today0.83
ADR(20)0.76
ADR(20)%4.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.5
3 months CRS96.32
6 months CRS95.54
Mansfield3.9
10 Day High19.76
10 Day Low16.91
20 Day High19.76
20 Day Low15.51
52 Week High19.76
52 Week Low8.1
CS1 End17.14
CR1 StartN/A
Volume & EV
DER(3)-1.97%
DER(5)-4.04%
Volume6.01M
Volume Incr-5.86%
Vol(5)3.76M
Vol(50)4.35M
VIAVI SOLUTIONS INC / VIAV FAQ
What is the ChartMill technical rating of VIAVI SOLUTIONS INC (VIAV) stock?
ChartMill assigns a technical rating of 10 / 10 to VIAV.
What is the current trend direction of VIAVI SOLUTIONS INC (VIAV) stock?
The current trend direction for VIAVI SOLUTIONS INC (VIAV) is Bullish.
Can you provide the RSI signal for VIAVI SOLUTIONS INC?
VIAVI SOLUTIONS INC (VIAV) has an RSI value of 55.7387. This indicates that the stock is currently neutral.
Can you provide the MACD signal for VIAVI SOLUTIONS INC?
The MACD indicator for VIAVI SOLUTIONS INC (VIAV) has a value of -0.189489, indicating a bearish trend.