VERA THERAPEUTICS INC (VERA) Stock Technical Analysis
NASDAQ:VERA - Nasdaq - US92337R1014 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to VERA. Recently some decent action could be observed, but in the medium term time frame this is still negative. VERA was also a bad performer in the overall market in the last year.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, VERA is a bad performer in the overall market: 89% of all stocks are doing better.
VERA is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month VERA has a been trading in the 18.76 - 33.00 range, which is quite wide. It is currently trading near the lows of this range.
VERA has an average volume of 1901440 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
VERA is part of the Biotechnology industry. There are 558 other stocks in this industry, VERA did better than 41% of them.
The technical rating of VERA is bad and it also does not present a quality setup 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
18.67
49.63
4 important support areas can be observed.
- Support @21.36 from a trend line in the daily time frame.
- A support zone ranging from 20.86 to 20.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @19.38 from a trend line in the weekly time frame.
- Support @18.86 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 23.21 to 23.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @29.88 from a trend line in the daily time frame.
- Resistance @30.88 from a trend line in the daily time frame.
- Resistance @49.14 from a horizontal line in the weekly 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 | DOWN | NEGATIVE | The long term trend for VERA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for VERA is neutral. |
| ChartMill Relative Strength | 11.21 | NEGATIVE | VERA has a low relative strength, it was outperformed by 88.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of VERA is below 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) | DOWN | NEGATIVE | The current price of VERA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.85 | NEUTRAL | The RSI value for VERA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests VERA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 34.02 | NEUTRAL | The Stochastics value for VERA is a neutral value. |
| Average True Range in percent/ATR (20) | 10.87 | HIGH VOLATILITY | The high ATR as a percentage value for VERA suggests high volalility. |
| Average Directional Index/ADX (14) | 17.74 | NEGATIVE | The low ADX value for VERA suggests a weak or negative trend. |
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)
22.65
-0.64 (-2.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-2.75%
1 Week11.33%
2 Weeks5.38%
1 Month23.42%
3 Month-12.54%
6 Month-43.76%
12 Month-35.63%
2 Year45.11%
3 Year71.12%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.96
ATR(20)%10.87%
ATR Inc3.93%
Range Today1.1
ADR(20)1.65
ADR(20)%7.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.21
Mansfield-3.57
10 Day High25.3
10 Day Low20.37
20 Day High33
20 Day Low18.76
52 Week High51.61
52 Week Low18.53
CS1 End21.36
CR1 Start23.3
Volume & EV
DER(3)6.01%
DER(5)3.87%
Volume2.41M
Volume Incr-40.13%
Vol(5)1.76M
Vol(50)1.90M