VMWARE INC.

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	VMW
ISIN:

VMWARE INC. - 1H - Technical analysis published on 12/08/2023 (GMT)

Timeframe : 1H
- Analysis generated on
Status : CANCELLED

Download a full-size picture

VMWARE INC. Chart

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

22%

67%

11%

My opinion

Bearish under 148.12 USD

My targets

139.47 USD (-2.11%)

128.72 USD (-9.66%)

My analysis

The bearish trend is currently very strong for VMWARE INC.. As long as the price remains below the resistance at 148.12 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 139.47 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 128.72 USD as an objective. Crossing it would then enable sellers to target 127.82 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.

Force

7.1

Comment on the analysis

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

VMWARE INC. rating 142.48 USD. The price registered a decrease of -4.96% on the session with the lowest point at 142.47 USD and the highest point at 143.63 USD. The deviation from the price is +0.01% for the low point and -0.80% for the high point.

142.47

143.63

142.48

Here is a more detailed summary of the historical variations registered by VMWARE INC.:

Technical

Technical analysis of this 1H chart of VMWARE INC. indicates that the overall trend is strongly bearish. 89.29% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, of the 18 technical indicators analysed by Central Analyzer, 4 are bullish, 2 are neutral and 12 are bearish. The Central Indicators scanner specialised in technical indicators, has not detected anything further.

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	121.83	127.82	139.47	142.48	148.12	154.87	168.58
Change (%)	-14.49%	-10.29%	-2.11%	-	+3.96%	+8.70%	+18.32%
Change	-20.65	-14.66	-3.01	-	+5.64	+12.39	+26.10
Level	Intermediate	Major	Major	-	Major	Major	Major

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	140.93	141.70	142.09	142.86	143.25	144.02	144.41
Camarilla	142.16	142.27	142.37	142.48	142.59	142.69	142.80
Woodie	140.74	141.61	141.90	142.77	143.06	143.93	144.22
Fibonacci	141.70	142.14	142.42	142.86	143.30	143.58	144.02

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	141.67	144.83	147.23	150.39	152.79	155.95	158.35
Camarilla	148.09	148.60	149.11	149.62	150.13	150.64	151.15
Woodie	141.28	144.64	146.84	150.20	152.40	155.76	157.96
Fibonacci	144.83	146.96	148.27	150.39	152.52	153.83	155.95

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	85.58	111.79	128.72	154.93	171.86	198.07	215.00
Camarilla	133.79	137.74	141.70	145.65	149.61	153.56	157.51
Woodie	80.94	109.47	124.08	152.61	167.22	195.75	210.36
Fibonacci	111.79	128.27	138.45	154.93	171.41	181.59	198.07

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):	25.11
MACD (12,26,9):	-1.8300
Directional Movement:	-32.31
AROON (14):	-64.29
DEMA (21):	144.01
Parabolic SAR (0,02-0,02-0,2):	149.92
Elder Ray (13):	-2.41
Super Trend (3,10):	145.77
Zig ZAG (10):	142.48
VORTEX (21):	0.9300
Stochastique (14,3,5):	1.02
TEMA (21):	142.59
Williams %R (14):	-99.88
Chande Momentum Oscillator (20):	-5.14
Repulse (5,40,3):	-0.3500
ROCnROLL:	2
TRIX (15,9):	-0.1100
Courbe Coppock:	7.37

MA7:	148.39
MA20:	147.56
MA50:	158.51
MA100:	158.57
MAexp7:	143.65
MAexp20:	146.09
MAexp50:	147.72
MAexp100:	148.83
Price / MA7:	-3.98%
Price / MA20:	-3.44%
Price / MA50:	-10.11%
Price / MA100:	-10.15%
Price / MAexp7:	-0.81%
Price / MAexp20:	-2.47%
Price / MAexp50:	-3.55%
Price / MAexp100:	-4.27%

Quotes : - 15 min delayed data - NYSE Stocks

News

Don't forget to follow the news on VMWARE INC.. At the time of publication of this analysis, the latest news was as follows:

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

About author

Londinia AI

Online

Overall rating :

16023

Number of analyses :

98209

Followers :

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…