Logo image of VIAV

VIAVI SOLUTIONS INC (VIAV) Stock Technical Analysis

NASDAQ:VIAV - Nasdaq - US9255501051 - Common Stock

10.41  +0.19 (+1.86%)

After market: 10.41 0 (0%)

Technical Rating and Analysis

6

Overall VIAV gets a technical rating of 6 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, VIAV is only an average performer.

VIAV is one of the lesser performing stocks in the Communications Equipment industry. 68% of 51 stocks in the same industry do better.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
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.
In the last month VIAV has a been trading in the 9.71 - 10.57 range, which is quite wide. It is currently trading near the high of this range.
VIAV has an average volume of 1506780 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, VIAV outperforms 64% of them, which is more or less in line with the market.
Weekly and Daily overview Charts
VIAV Weekly chart
VIAV Daily chart
Setup Rating and Analysis

7

VIAV has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 10.35, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for VIAV in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

9.65

11.48

When analyzing the support we notice one important area.

  • A support zone ranging from 9.75 to 10.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

We can see 2 important resistance areas.

  • A resistance zone ranging from 11.06 to 11.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @11.37 from a horizontal line in the weekly 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
CRS64.4
Mansfield0.75
10 Day High10.58
10 Day Low9.71
20 Day High10.58
20 Day Low9.71
52 Week High11.49
52 Week Low6.6
Performance
1 Week4.94%
2 Weeks2.87%
1 Month2.56%
3 Month13.9%
6 Month32.78%
12 Month3.58%
2 Year-7.88%
3 Year-36.76%
5 Year-26.17%
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)56.67
LBB9.87
UBB10.37
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
10.589.700.88 (8.36%)11.96%
An entry @10.58. This is a Buy Stop order right above the 10 day high.An exit @9.70. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 0.88 points, which is 8.36%.When investing 11.96% of your capital in this trade, your total portfolio risk will be 1.00%.

  • 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.
VIAV Daily chart

VIAVI SOLUTIONS INC

NASDAQ:VIAV (1/21/2025, 8:00:02 PM)

After market: 10.41 0 (0%)

10.41

+0.19 (+1.86%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg1.86%
1 Week4.94%
2 Weeks2.87%
1 Month2.56%
3 Month13.9%
6 Month32.78%
12 Month3.58%
2 Year-7.88%
3 Year-36.76%
5 Year-26.17%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.24
ATR(20)%2.26%
ATR Inc17.76%
Range Today0.31
ADR(20)0.22
ADR(20)%2.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.4
Mansfield0.75
10 Day High10.58
10 Day Low9.71
20 Day High10.58
20 Day Low9.71
52 Week High11.49
52 Week Low6.6
CS1 End10.35
CR1 Start11.06
Volume & EV
DER(3)3.39%
DER(5)4.06%
Volume1.30M
Volume Incr-33.05%
Vol(5)1.11M
Vol(50)1.51M