VIAV Stage 2 Uptrend Intact but Deep Base Pattern Raises Risk

VIAV daily stock chart with 10, 20, 50, 150 and 200-day moving averages, volume and RS line versus SPY — CANSLIM Research

Viavi Solutions (VIAV) is trading at $43.54, holding above a rising 30-week moving average within a Stage 2 advancing trend. The market is focused on a 15-week base that has corrected 41.7% from peak to trough, a depth that historically carries an elevated failure rate and has been flagged as faulty.

While seven of eight trend-template checks pass and sentiment is constructive, the lack of a confirmed breakout or volume contraction pattern leaves the setup awaiting confirmation. The stock sits 21.3% below its high, and the overall tone is cautiously optimistic but dependent on a decisive move above the $55.33 pivot.

As of 2026-08-14 · Close $43.54

Stage 2 (Advancing) — Price holding above a rising 30-week MA — uptrend intact (30-week MA 6-week slope: 9.91%)

⚠️ Faulty cup warning: the base is 41.7% deep (above the 38–40% threshold). A correction this deep leaves heavy overhead supply — trapped holders from higher prices are likely to sell into any rally, raising the failure rate of a breakout from this base.

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