GLIMPSE GROUP INC/THE (VRAR)

US37892C1062 - Common Stock

2.79  +1.2 (+75.47%)

Technical Rating and Analysis

8

We assign a technical rating of 8 out of 10 to VRAR. VRAR has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.

The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
VRAR is part of the IT Services industry. There are 83 other stocks in this industry. VRAR outperforms 92% of them.
VRAR is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month VRAR has a been trading in the 0.59 - 1.78 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
VRAR has an average volume of 1334970 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that VRAR is one of the better performing stocks in the market, outperforming 95% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
VRAR Weekly chart
VRAR Daily chart
Setup Rating and Analysis

1

Although VRAR has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

1.56

2.82

When analyzing the support we notice one important area.

  • A support zone ranging from 1.58 to 1.60. 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
CRS95.35
Mansfield3.5
10 Day High1.78
10 Day Low0.68
20 Day High1.78
20 Day Low0.59
52 Week High1.78
52 Week Low0.5
Performance
1 Week39.47%
2 Weeks116.18%
1 Month169.49%
3 Month105.93%
6 Month52.88%
12 Month34.75%
2 Year-47.52%
3 Year-83.87%
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)0.07
RSI(14)72.35
LBB0.39
UBB1.61
VRAR Daily chart

GLIMPSE GROUP INC/THE

NASDAQ:VRAR (12/18/2024, 10:46:10 AM)

2.79

+1.2 (+75.47%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg75.47%
1 Week39.47%
2 Weeks116.18%
1 Month169.49%
3 Month105.93%
6 Month52.88%
12 Month34.75%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.27
ATR(20)%12.88%
ATR Inc
Range Today1.04
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 High1.78
10 Day Low0.68
20 Day High1.78
20 Day Low0.59
52 Week High1.78
52 Week Low0.5
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume26.83M
Volume Incr234.52%
Vol(5)5.98M
Vol(50)1.33M