Today VVPR ranks # as HOLD CANDIDATE.
Today VVPR ranks # as HOLD CANDIDATE.

VVPR stock VivoPower International PLC

VVPR stock
VivoPower International PLC

18 January 2019
Change 0.00%
Chart period: 2018-10-19 - 2019-01-18
VOLUME
Sell
TREND
Hold

MV LONG
Buy

MV SHORT
Buy

PIVOT
Sell

MACD
Buy
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VivoPower International PLC Stock Analysis

Technical stock analysis for 18 January 2019

Hold candidate since 2019-01-18
Shorts n/a
Cash n/a
Loans n/a
Beta 3.42
ROA -28.73

No changes to the price of VivoPower International PLC in the last trading day. The price has risen in 8 of the last 10 days and is up by 63.64% over the past 2 weeks.

Close price at the end of the last trading day (Friday, 18th Jan 2019) of the VVPR stock was $1.08.

During day the stock fluctuated 5.88% from a day low at $1.02 to a day high of $1.08.

30 day high of the VVPR stock price was $1.10 and low was $0.59.
90 day high was $1.93 and low was $0.59.
52 week high for the VivoPower International PLC - $6.69 and low - $0.59.

Trend

VivoPower International PLC has broken the very wide and falling short-term trend up. Firstly a slower falling rate is indicated, but this may very well be an early signal of a trend shift. On the reaction there will be support on the roof on the current trend broken, which is $1.07, a level that may pose a second chance to hit a runner. According to fan-theory $1.69 will be the next possible trendtop level and thereby pose a resistance level which may not be broken on the first attempt.

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Signals

VivoPower International PLC holds buy signals from both short- and long-term moving averages. In addition, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down there will be some support from the lines at $0.98 and $0.88. A break down below any of these levels will issue sell signals. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sales signal was issued from a pivot top point on Thursday January 17, 2019, which indicates further falls until a new bottom pivot has been found. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.

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Relative Strength Index (RSI)

RSI14 is 87 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

On the downside, the stock finds support just below today's level from accumulated volume at $0.95 and $0.85.

There is natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, VivoPower International PLC finds support just below today's level at $0.95. If this is broken, then the next support from accumulated volume will be at $0.85 and $0.82.

Support: $0.95 Price: $1.08 Resistance: $1.10

Risk

This stock may move much during a day (volatility) and with periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved $0.06 between high and low, or 5.88%. For the last week the stock has had a daily average volatility of 11.48%.

The stock is extremely overbought on RSI14 (87). Normally this will pose a good selling opportunity, but since the stock has broken the trend up the chance for a major correction due to high RSI is very small as the stock will find support at the trend broken.

Our recommended stoploss: $1.02 (-5.24%) (This stock has very high daily movements and this gives very high risk. The RSI14 is 87 and this increases the risk substantially. There is a sell signal from pivot top found 1 days ago.)

Overall risk:

Very Low Low Medium High Very High

Evaluation

VivoPower International PLC holds several positive signals, but we still don't find these to be enough for a buy-recommendation. At the current level we recommend to hold or accumulate in this position whilst awaiting for further development. Due to some small weaknesses in the technical picture we have downgraded our recommendation for this stock since last evaluation from a Buy Candidate to a Hold/Accumulate.

Today VVPR ranks # as HOLD CANDIDATE.
Today VVPR ranks # as HOLD CANDIDATE.