We assign a technical rating of 9 out of 10 to VERA. Both in the recent history as in the last year, VERA has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although VERA has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
23.53
We found 2 important support areas.
- Support @47.68 from a horizontal line in the daily time frame.
- Support @23.77 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for VERA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VERA is up. |
| ChartMill Relative Strength | 94.64 | POSITIVE | VERA has a high relative strength, it outperformed 94.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VERA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VERA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VERA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 81.32 | OVERBOUGHT | The high RSI value suggests VERA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.61 | POSITIVE | The MACD value suggests VERA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 95.25 | OVERBOUGHT | The high Stochastics value suggests VERA may be overbought. |
| Average True Range in percent/ATR (20) | 6.01 | HIGH VOLATILITY | The high ATR as a percentage value for VERA suggests high volalility. |
| Average Directional Index/ADX (14) | 47.25 | POSITIVE | The high ADX value value for VERA suggests a strong trend. |
53.91
+0.13 (+0.24%)
VERA THERAPEUTICS INC / VERA FAQ
What is the ChartMill technical rating of VERA THERAPEUTICS INC (VERA) stock?
ChartMill assigns a technical rating of 9 / 10 to VERA.
What is the trend direction for VERA stock?
The current trend direction for VERA THERAPEUTICS INC (VERA) is Bullish.
What is the RSI signal for VERA THERAPEUTICS INC (VERA) stock?
VERA THERAPEUTICS INC (VERA) has an RSI value of 81.3214. This indicates that the stock is currently overbought.
Can you provide the buy/sell signal for VERA THERAPEUTICS INC?
The buy/sell signal for VERA THERAPEUTICS INC (VERA) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for VERA THERAPEUTICS INC?
VERA THERAPEUTICS INC (VERA) has a support level at 47.68. Check the full technical report for our detailed analysis of VERA support and resistance levels.