VMWARE INC.
VMWARE INC.
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: VMW
ISIN:

VMWARE INC. - 1H - Technical analysis published on 10/05/2023 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : NEUTRAL

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Summary of the analysis

Trends
Short term: Bullish
Underlying: Neutral
Technical indicators
61%
6%
33%
My opinion
Neutral between 164.03 USD and 166.86 USD
My targets
-
My analysis
There is no basic trend on VMWARE INC. and in the short term, there are still few buyers. It is difficult to advise a trading direction under these conditions. The nearest resistance is located at 166.86 USD. The nearest support is located at 164.03 USD. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.

In the very short term, technical indicators are bullish and could soon allow change to a bullish sentiment.

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia.

Additional analysis

Quotes

The VMWARE INC. rating is 165.92 USD. The price registered a decrease of -0.09% on the session and was between 165.69 USD and 166.34 USD. This implies that the price is at +0.14% from its lowest and at -0.25% from its highest.

165.69
166.34
165.92

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by VMWARE INC.:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of VMWARE INC. indicates that the overall trend is not clearly defined. The slightly bullish signals currently given by short-term moving averages could allow the overall trend to return to a slightly bullish trend. An assessment of moving averages reveals several bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : 1 hour



The probability of a further increase are moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Near resistance of triangle

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 161.84 164.03 165.44 165.92 166.86 168.58 170.19
Change (%) -2.46% -1.14% -0.29% - +0.57% +1.60% +2.57%
Change -4.08 -1.89 -0.48 - +0.94 +2.66 +4.27
Level Minor Intermediate Minor - Minor Major 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
Standard162.87163.52164.79165.44166.71167.36168.63
Camarilla165.54165.72165.89166.07166.25166.42166.60
Woodie163.19163.68165.11165.60167.03167.52168.95
Fibonacci163.52164.25164.70165.44166.17166.62167.36


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard158.58161.12163.80166.34169.02171.56174.24
Camarilla165.05165.52166.00166.48166.96167.44167.92
Woodie158.65161.16163.87166.38169.09171.60174.31
Fibonacci161.12163.11164.35166.34168.33169.57171.56


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard153.65157.23161.85165.43170.05173.63178.25
Camarilla164.23164.98165.73166.48167.23167.98168.74
Woodie154.18157.49162.38165.69170.58173.89178.78
Fibonacci157.23160.36162.29165.43168.56170.49173.63

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 53.22
MACD (12,26,9): -0.1800
Directional Movement: 6.83
AROON (14): -14.29
DEMA (21): 165.18
Parabolic SAR (0,02-0,02-0,2): 164.00
Elder Ray (13): 0.70
Super Trend (3,10): 167.32
Zig ZAG (10): 166.09
VORTEX (21): 1.0200
Stochastique (14,3,5): 72.13
TEMA (21): 165.13
Williams %R (14): -8.95
Chande Momentum Oscillator (20): 1.91
Repulse (5,40,3): 0.6300
ROCnROLL: 1
TRIX (15,9): -0.0300
Courbe Coppock: 0.64
MA7: 165.91
MA20: 165.89
MA50: 162.56
MA100: 151.88
MAexp7: 165.43
MAexp20: 165.43
MAexp50: 165.74
MAexp100: 165.67
Price / MA7: +0.01%
Price / MA20: +0.02%
Price / MA50: +2.07%
Price / MA100: +9.24%
Price / MAexp7: +0.30%
Price / MAexp20: +0.30%
Price / MAexp50: +0.11%
Price / MAexp100: +0.15%

Quotes : - 15 min delayed data - NYSE Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

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