VERA THERAPEUTICS INC (VERA) Technical Analysis
NASDAQ:VERA • US92337R1014
Current stock price
VERA Technical Rating and Analysis
Overall VERA gets a technical rating of 2 out of 10. Although VERA is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- In the last month VERA has a been trading in the 36.30 - 47.00 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- VERA has an average volume of 1225880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- When comparing the yearly performance of all stocks, we notice that VERA is one of the better performing stocks in the market, outperforming 76% of all stocks. However, we also see that VERA couldn't keep up this performance in the last couple of months.
- VERA is part of the Biotechnology industry. There are 516 other stocks in this industry, VERA did better than 61% of them.
- VERA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so VERA is lagging the market.
VERA Weekly and Daily overview Charts
VERA Setup Rating and Analysis
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
VERA Support and Resistance Analysis
31.99
When analyzing the support we can see 3 important areas.
- A support zone ranging from 37.68 to 37.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @32.89 from a trend line in the daily time frame.
- Support @32.31 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 40.28 to 41.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 43.56 to 44.07. This zone is formed by a combination of multiple trend lines in the daily time frame.
VERA Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for VERA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for VERA is down. |
| ChartMill Relative Strength | 76.45 | POSITIVE | VERA has a high relative strength, it outperformed 76.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VERA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of VERA is below a declining 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) | 37.2 | NEUTRAL | The RSI value for VERA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.46 | NEGATIVE | The MACD value suggests VERA has a negative trend. |
| Stochastics (14,3) | 11.33 | OVERSOLD | The low Stochastics value suggests VERA may be oversold. |
| Average True Range in percent/ATR (20) | 6.06 | HIGH VOLATILITY | The high ATR as a percentage value for VERA suggests high volalility. |
| Average Directional Index/ADX (14) | 19.18 | NEGATIVE | The low ADX value for VERA suggests a weak or negative trend. |
VERA Chart- and CandleStick Pattern Analysis
VERA Technicals: Chart, Performance Metrics, Trend & Indicators
37.69
-0.7 (-1.82%)
VERA THERAPEUTICS INC / VERA TA FAQ
What is the ChartMill technical rating of VERA THERAPEUTICS INC (VERA) stock?
ChartMill assigns a technical rating of 2 / 10 to VERA.
Can you provide the trend direction for VERA THERAPEUTICS INC?
The current trend direction for VERA THERAPEUTICS INC (VERA) is Bearish.
Can you provide the RSI signal for VERA THERAPEUTICS INC?
VERA THERAPEUTICS INC (VERA) has an RSI value of 37.1954. This indicates that the stock is currently neutral.
What is the short term momentum for VERA THERAPEUTICS INC (VERA) stock?
The short term momentum for VERA THERAPEUTICS INC (VERA) is negative.