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

VMWARE INC. - 1H - Technical analysis published on 11/02/2023 (GMT)

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  • Timeframe : 1H
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  • Status : INVALID

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Summary of the analysis

Trends
Short term: Bullish
Underlying: Bearish
Technical indicators
39%
11%
50%
My opinion
Bearish under 146.44 USD
My targets
139.47 USD (-4.17%)
131.99 USD (-9.31%)
My analysis
In a bearish trend, the price of VMWARE INC. tries to inflate a little with a slight short-term rebound. At this stage, no trend reversal is in sight. Globally, sellers have the upper hand. Traders may allow themselves to trade short positions (for sale) as long as the price remains below the resistance located at 146.44 USD. A bearish break in the support located at 139.47 USD would revive the bearish momentum and fuel the basic trend. Then the price could move towards 131.99 USD. Then 128.01 USD by extension. It would be safer to wait for a bearish break in the support located at 139.47 USD before allowing yourself to re trade short positions (for sale) on VMWARE INC.. PS: if there is a bullish break in the resistance located at 146.44 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.

In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
0.5

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 145.54 USD. The price is lower by -0.41% since the last closing and was traded between 144.60 USD and 148.21 USD over the period. The price is currently at +0.65% from its lowest and -1.80% from its highest.

144.60
148.21
145.54

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Abnormal volumes on VMWARE INC. were detected by the Central Volumes scanner:

Central Volumes

Abnormal volumes

Timeframe : 20 days

Technical


Technical analysis of this 1H chart of VMWARE INC. indicates that the overall trend is bearish. 67.86% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently being given by short-term moving averages indicate that this bearish trend may be slowing down. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators shows a slightly bullish signal.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Price is back under the pivot point

Type : Bearish

Timeframe : 1 hour



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


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 121.83 128.01 139.47 145.54 146.44 154.87 163.93
Change (%) -16.29% -12.04% -4.17% - +0.62% +6.41% +12.64%
Change -23.71 -17.53 -6.07 - +0.90 +9.33 +18.39
Level Intermediate Intermediate Major - Intermediate Major Intermediate



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
Standard142.14142.94144.54145.34146.94147.74149.34
Camarilla145.48145.70145.92146.14146.36146.58146.80
Woodie142.54143.14144.94145.54147.34147.94149.74
Fibonacci142.94143.86144.42145.34146.26146.82147.74


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard121.98131.99137.09147.10152.20162.21167.31
Camarilla138.05139.43140.82142.20143.59144.97146.36
Woodie119.54130.76134.65145.87149.76160.98164.87
Fibonacci131.99137.76141.33147.10152.87156.44162.21


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard85.58111.79128.72154.93171.86198.07215.00
Camarilla133.79137.74141.70145.65149.61153.56157.51
Woodie80.94109.47124.08152.61167.22195.75210.36
Fibonacci111.79128.27138.45154.93171.41181.59198.07

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 51.83
MACD (12,26,9): -0.0400
Directional Movement: 14.62
AROON (14): 85.72
DEMA (21): 144.39
Parabolic SAR (0,02-0,02-0,2): 143.77
Elder Ray (13): 0.36
Super Trend (3,10): 142.58
Zig ZAG (10): 145.24
VORTEX (21): 1.0900
Stochastique (14,3,5): 59.85
TEMA (21): 145.57
Williams %R (14): -59.38
Chande Momentum Oscillator (20): 1.50
Repulse (5,40,3): -1.1800
ROCnROLL: -1
TRIX (15,9): -0.0300
Courbe Coppock: 1.90
MA7: 145.78
MA20: 158.65
MA50: 162.82
MA100: 157.53
MAexp7: 145.02
MAexp20: 144.68
MAexp50: 146.86
MAexp100: 151.91
Price / MA7: -0.16%
Price / MA20: -8.26%
Price / MA50: -10.61%
Price / MA100: -7.61%
Price / MAexp7: +0.36%
Price / MAexp20: +0.59%
Price / MAexp50: -0.90%
Price / MAexp100: -4.19%

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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