VIAVI SOLUTIONS INC (VIAV)

US9255501051 - Common Stock

10.1  +0.2 (+2.02%)

After market: 10.1 0 (0%)

Technical Rating and Analysis

9

Overall VIAV gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, VIAV is showing a nice and steady performance.

Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, VIAV did better than 78% of all other stocks.
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 1696440 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
VIAV is part of the Communications Equipment industry. There are 51 other stocks in this industry, VIAV did better than 54% of them.
In the last month VIAV has a been trading in the 9.15 - 10.72 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
VIAV Weekly chart
VIAV Daily chart
Setup Rating and Analysis

6

Besides having an excellent technical rating, VIAV also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 10.05, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

9.21

10.75

We found 2 important support areas.

  • A support zone ranging from 9.74 to 10.05. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 9.30 to 9.44. 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 10.54 to 10.64. 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
CRS78.42
Mansfield0.22
10 Day High10.72
10 Day Low9.62
20 Day High10.72
20 Day Low9.15
52 Week High11.32
52 Week Low6.6
Performance
1 Week2.33%
2 Weeks-4.08%
1 Month10.5%
3 Month20.53%
6 Month36.67%
12 Month25.31%
2 Year-10.86%
3 Year-31.8%
5 Year-32.76%
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)-0.06
RSI(14)59.19
LBB9.52
UBB10.69
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
10.659.730.92 (8.64%)11.58%
An entry @10.65. This is a Buy Stop order right above the resistance zone.An exit @9.73. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 0.92 points, which is 8.64%.For a 1.00% total portfolio risk, you can invest 11.58% 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.
VIAV Daily chart

VIAVI SOLUTIONS INC

NASDAQ:VIAV (11/22/2024, 8:11:36 PM)

After market: 10.1 0 (0%)

10.1

+0.2 (+2.02%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg2.02%
1 Week2.33%
2 Weeks-4.08%
1 Month10.5%
3 Month20.53%
6 Month36.67%
12 Month25.31%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.32
ATR(20)%3.47%
ATR Inc
Range Today0.27
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 High10.72
10 Day Low9.62
20 Day High10.72
20 Day Low9.15
52 Week High11.32
52 Week Low6.6
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.49M
Volume Incr-34.43%
Vol(5)1.32M
Vol(50)1.70M