Technical Review of Viavi Solutions Inc. (NASDAQ:VIAV)


Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of Viavi Solutions Inc. (NASDAQ:VIAV) for the period of 9-Day stands at 45.98% while the stochastic %D for the same period stands at 46.08%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of Viavi Solutions Inc. (NASDAQ:VIAV) signals “Buy” while other important signals like the 20-Day Moving Average Vs. Price signals “Sell”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Sell” for Viavi Solutions Inc. (NASDAQ:VIAV) while 20-100 Day MACD Oscillator indicates “Sell”.

Bollinger band is a volatility indicator of a certain security, currently Viavi Solutions Inc. (NASDAQ:VIAV)’s 20-Day Bollinger Band indicates “Hold”.

About Company

Viavi Solutions Inc. provides software and hardware platforms and instruments for telecommunications service providers, wireless operators, cable operators, network-equipment manufacturers and enterprises. The Company offers installation, commissioning, scripting, custom analytics, integration, business intelligence consulting, operational assistance, field and lab testing, technical training, maintenance, and support services. Its operating segment consists of Network and Service Enablement, Communications and Commercial Optical Products and Optical Security and Performance Products. Viavi Solutions Inc., formerly known as JDS Uniphase Corporation, is based in Milpitas, Calif.

Previous Day Activity Analysis

On the last trading day, Viavi Solutions Inc. (NASDAQ:VIAV) opened the session at $9.64 and after going down -1.66% closed at $9.49. The stock lost -0.15 points in the last trade.

Viavi Solutions Inc. (NASDAQ:VIAV)’s stock fluctuated in the range of $9.47 and $9.65 during the previous active session. Viavi Solutions Inc. (NASDAQ:VIAV) traded with the volume of 1.58 Million with average volume of 2.42 Million. The stock has LOW volatility on the last trading session.

Currently the Beta for the company remains at 1.25 while ATR (Average True Range) and RSI (Relative Strength Index) are at 0.22 and 42.93 respectively.

Currently the Insider Ownership of the shares of Viavi Solutions Inc. (NASDAQ:VIAV) is at 0.3% and the shares outstanding are 232.2 Million.

Important Ratio Analysis

Some important ratios to consider here for Viavi Solutions Inc. (NASDAQ:VIAV) are discussed below:

Dividend yield of Viavi Solutions Inc. (NASDAQ:VIAV) stands at 0% whereas Price to Earnings P/E ratio stands at 13.5 while Forward P/E shows the value of 19.25.

The PEG ratio (Price to Earning to Growth) emits the value of 1.35. The Price to Sale P/S and Price to Book P/B shows the value of 2.72 and 2.74 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 1.53 and 53.23 correspondingly.

The Quick Ratio of Viavi Solutions Inc. (NASDAQ:VIAV) stands at 7.1 while the Current Ratio depicts the value of 7.3.

Return on Assets ROA of Viavi Solutions Inc. (NASDAQ:VIAV) is at 8.6% whereas, Return on Equity ROE and Return of Investment ROI of Viavi Solutions Inc. (NASDAQ:VIAV) stand at 22.1% and -0.5% respectively.

Stock Performance Analysis

The stock performance of Viavi Solutions Inc. (NASDAQ:VIAV) on the basis of 5 day trade show the dip of -0.42% whereas, the monthly performance of the stock shows decrease of -4.43%.

The quarterly performance of the stock remained in red zone with the value of -14.2% while six month performance of the shares of Viavi Solutions Inc. (NASDAQ:VIAV) remained bearish with the count of -1.86%.

The yearly and YTD performance of Viavi Solutions Inc. (NASDAQ:VIAV) remained up at 30.36% and 16.01% respectively.