Taking everything into account, VERA scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, VERA is only an average performer.
Although VERA has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
18.67
We found 5 important support areas.
- A support zone ranging from 28.76 to 29.24. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 25.21 to 25.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @23.77 from a horizontal line in the daily time frame.
- Support @21.13 from a trend line in the weekly time frame.
- Support @18.86 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- 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 | 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 | 75.58 | POSITIVE | VERA has a high relative strength, it outperformed 75.58% 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) | DOWN | MIXED | The current price of VERA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 65.46 | NEUTRAL | The RSI value for VERA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.4 | POSITIVE | The MACD value suggests VERA has a positive trend. |
| Stochastics (14,3) | 78.83 | NEUTRAL | The Stochastics value for VERA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.85 | HIGH VOLATILITY | The high ATR as a percentage value for VERA suggests high volalility. |
| Average Directional Index/ADX (14) | 21.96 | NEUTRAL | The ADX value for VERA suggests a possible start of a new trend. |
33.33
+3.9 (+13.25%)
VERA THERAPEUTICS INC / VERA FAQ
What is the ChartMill technical rating of VERA THERAPEUTICS INC (VERA) stock?
ChartMill assigns a technical rating of 8 / 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 65.461. This indicates that the stock is currently neutral.
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 29.24 and a resistance level at 49.14. Check the full technical report for our detailed analysis of VERA support and resistance levels.