VERA THERAPEUTICS INC (VERA) Technical Analysis
NASDAQ:VERA • US92337R1014
Current stock price
VERA Technical Rating and Analysis
We assign a technical rating of 3 out of 10 to VERA. In the last year, VERA was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- VERA has an average volume of 1116020 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that VERA is one of the better performing stocks in the market, outperforming 74% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- VERA is an average performer in the Biotechnology industry, it outperforms 60% of 518 stocks in the same industry.
- VERA is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so VERA is lagging the market slightly.
- In the last month VERA has a been trading in the 37.97 - 45.38 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
VERA Weekly and Daily overview Charts
VERA Setup Rating and Analysis
VERA has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 44.02. Right above this resistance zone may be a good entry point.
More info and screens
VERA Support and Resistance Analysis
29.98
When analyzing the support we can see 3 important areas.
- Support @39.94 from a trend line in the daily time frame.
- A support zone ranging from 38.84 to 39.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 30.28 to 30.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 44.02 to 44.08. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for VERA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for VERA is neutral. |
| ChartMill Relative Strength | 74.63 | POSITIVE | VERA has a high relative strength, it outperformed 74.63% 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) | 43.01 | NEUTRAL | The RSI value for VERA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests VERA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 41.68 | NEUTRAL | The Stochastics value for VERA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.7 | HIGH VOLATILITY | The high ATR as a percentage value for VERA suggests high volalility. |
| Average Directional Index/ADX (14) | 18.55 | 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
39.96
-1.21 (-2.94%)
VERA THERAPEUTICS INC / VERA TA FAQ
What is the ChartMill technical rating of VERA THERAPEUTICS INC (VERA) stock?
ChartMill assigns a technical rating of 3 / 10 to VERA.
Can you provide the trend direction for VERA THERAPEUTICS INC?
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 43.0076. This indicates that the stock is currently neutral.
What is the MACD signal for VERA stock?
The MACD indicator for VERA THERAPEUTICS INC (VERA) has a value of 0.166871, indicating a bearish trend.
What are the support and resistance levels for VERA THERAPEUTICS INC (VERA) stock?
VERA THERAPEUTICS INC (VERA) has a support level at 39.94 and a resistance level at 44.02. Check the full technical report for our detailed analysis of VERA support and resistance levels.