VALENS SEMICONDUCTOR LTD (VLN) Stock Technical Analysis
NYSE:VLN - New York Stock Exchange, Inc. - IL0011796880 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to VLN. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
VLN is part of the Semiconductors & Semiconductor Equipment industry. There are 108 other stocks in this industry. VLN outperforms 77% of them.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Looking at the yearly performance, VLN did better than 83% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
VLN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so VLN is lagging the market.
In the last month VLN has a been trading in the 2.23 - 3.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
VLN has an average technical rating and also the quality of the setup is only medium 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.
More info and screens
1.73
3.35
When analyzing the support we can see 4 important areas.
- A support zone ranging from 2.35 to 2.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.96 from a trend line in the weekly time frame.
- Support @1.86 from a trend line in the daily time frame.
- Support @1.75 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 2.51 to 2.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.72 to 2.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.32 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.37
Mansfield-0.52
10 Day High3
10 Day Low2.33
20 Day High3
20 Day Low2.23
52 Week High3.5
52 Week Low1.67
Performance
1 Week-2.78%
2 Weeks-2%
1 Month-16.38%
3 Month25%
6 Month11.36%
12 Month6.99%
2 Year-46.85%
3 Year-61.78%
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)-0.01
RSI(14)44.34
LBB2.36
UBB2.67
2.45
-0.08 (-3.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-3.16%
1 Week-2.78%
2 Weeks-2%
1 Month-16.38%
3 Month25%
6 Month11.36%
12 Month6.99%
2 Year-46.85%
3 Year-61.78%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%8.02%
ATR Inc-25.29%
Range Today0.14
ADR(20)0.19
ADR(20)%7.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.37
Mansfield-0.52
10 Day High3
10 Day Low2.33
20 Day High3
20 Day Low2.23
52 Week High3.5
52 Week Low1.67
CS1 End2.35
CR1 Start2.51
Volume & EV
DER(3)-11.64%
DER(5)-8.94%
Volume290.80K
Volume Incr22.85%
Vol(5)595.96K
Vol(50)736.02K