VERISIGN INC (VRSN)
US92343E1029 - Common Stock
We assign a technical rating of 0 out of 10 to VRSN. VRSN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
85% of all other stocks performed better in the past year than VRSN.
VRSN is one of the lesser performing stocks in the IT Services industry. 67% of 84 stocks in the same industry do better.
VRSN is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
VRSN is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Although the technical rating is bad, VRSN does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 171.24. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 169.98, a Stop Loss order could be placed below this zone.
More info and screens
166.63
211.61
We found 1 important support area.
- A support zone ranging from 168.31 to 169.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 171.24 to 173.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @178.67 from a trend line in the daily time frame.
- A resistance zone ranging from 192.63 to 192.83. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @209.51 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.68
Mansfield-2.64
10 Day High172.96
10 Day Low167.8
20 Day High186.58
20 Day Low167.05
52 Week High229.72
52 Week Low167.05
Performance
1 Week-0.28%
2 Weeks1.44%
1 Month-7.26%
3 Month-12.09%
6 Month-18.74%
12 Month-24.92%
2 Year-2.18%
3 Year-22.36%
5 Year-12.43%
10 Year240.95%
15 Year629.39%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.52
RSI(14)36.82
LBB167.74
UBB171.84
VERISIGN INC
NASDAQ:VRSN (5/17/2024, 7:00:02 PM)
After market: 170.75 0 (0%)170.75
-0.21 (-0.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg-0.12%
1 Week-0.28%
2 Weeks1.44%
1 Month-7.26%
3 Month-12.09%
6 Month-18.74%
12 Month-24.92%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.65
ATR(20)%1.87%
ATR Inc
Range Today1.25
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High172.96
10 Day Low167.8
20 Day High186.58
20 Day Low167.05
52 Week High229.72
52 Week Low167.05
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume676.40K
Volume Incr-11.23%
Vol(5)782.62K
Vol(50)724.04K