VIRTRA INC. - Weekly - Technical analysis published on 03/31/2023 (GMT)
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- Timeframe : Weekly
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
11%
78%
11%
My opinion
Bearish under 4.51 USD
My targets
3.55 USD (-11.33%)
3.18 USD (-20.50%)
My analysis
VIRTRA INC. is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 4.51 USD. The next support located at 3.55 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 3.18 USD. Below this support, sellers could then target 2.09 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
8.2
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This analysis was given by aba0550. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The VIRTRA INC. price is 4.00 USD. The price is up +5.54% over 5 days with the lowest point at 3.70 USD and the highest point at 4.02 USD. The deviation from the price is +8.11% for the low point and -0.50% for the high point.3.70
4.02
4.00
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by VIRTRA INC.:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of VIRTRA INC. in Weekly shows a overall strongly bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
Technical indicators are strongly bearish, suggesting that the price decline is expected to continue.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Weekly
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 2.09 | 3.18 | 4.00 | 5.21 | 6.68 | 7.97 |
| Change (%) | -47.75% | -20.50% | - | +30.25% | +67.00% | +99.25% |
| Change | -1.91 | -0.82 | - | +1.21 | +2.68 | +3.97 |
| Level | Intermediate | Minor | - | Major | Intermediate | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.77 | 3.83 | 3.91 | 3.97 | 4.05 | 4.11 | 4.19 |
| Camarilla | 3.96 | 3.97 | 3.99 | 4.00 | 4.01 | 4.03 | 4.04 |
| Woodie | 3.79 | 3.84 | 3.93 | 3.98 | 4.07 | 4.12 | 4.21 |
| Fibonacci | 3.83 | 3.88 | 3.91 | 3.97 | 4.02 | 4.05 | 4.11 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.42 | 3.56 | 3.68 | 3.82 | 3.94 | 4.08 | 4.20 |
| Camarilla | 3.72 | 3.74 | 3.77 | 3.79 | 3.81 | 3.84 | 3.86 |
| Woodie | 3.40 | 3.56 | 3.66 | 3.82 | 3.92 | 4.08 | 4.18 |
| Fibonacci | 3.56 | 3.66 | 3.72 | 3.82 | 3.92 | 3.98 | 4.08 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.55 | 3.90 | 4.16 | 4.51 | 4.77 | 5.12 | 5.38 |
| Camarilla | 4.24 | 4.30 | 4.35 | 4.41 | 4.47 | 4.52 | 4.58 |
| Woodie | 3.50 | 3.88 | 4.11 | 4.49 | 4.72 | 5.10 | 5.33 |
| Fibonacci | 3.90 | 4.14 | 4.28 | 4.51 | 4.75 | 4.89 | 5.12 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 36.93 | |
| MACD (12,26,9): | -0.3100 | |
| Directional Movement: | -16.53 | |
| AROON (14): | -78.57 | |
| DEMA (21): | 4.11 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.93 | |
| Elder Ray (13): | -0.48 | |
| Super Trend (3,10): | 4.89 | |
| Zig ZAG (10): | 4.00 | |
| VORTEX (21): | 0.8300 | |
| Stochastique (14,3,5): | 8.34 | |
| TEMA (21): | 4.02 | |
| Williams %R (14): | -80.26 | |
| Chande Momentum Oscillator (20): | -0.78 | |
| Repulse (5,40,3): | -0.9900 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.6800 | |
| Courbe Coppock: | 18.53 |
| MA7: | 3.85 | |
| MA20: | 3.98 | |
| MA50: | 4.39 | |
| MA100: | 4.52 | |
| MAexp7: | 4.13 | |
| MAexp20: | 4.49 | |
| MAexp50: | 4.97 | |
| MAexp100: | 5.22 | |
| Price / MA7: | +3.90% | |
| Price / MA20: | +0.50% | |
| Price / MA50: | -8.88% | |
| Price / MA100: | -11.50% | |
| Price / MAexp7: | -3.15% | |
| Price / MAexp20: | -10.91% | |
| Price / MAexp50: | -19.52% | |
| Price / MAexp100: | -23.37% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
The last news published on VIRTRA INC. at the time of the generation of this analysis was as follows:
This member declared not having a position on this financial instrument or a related financial instrument.
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