VERITONE INC (VERI)

US92347M1009 - Common Stock

3.36  +0.08 (+2.6%)

After market: 3.39 +0.03 (+0.89%)

Technical Rating and Analysis

4

Overall VERI gets a technical rating of 4 out of 10. VERI was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.

In the last month VERI has a been trading in the 3.12 - 7.17 range, which is quite wide. It is currently trading near the lows of this range.
VERI is one of the better performing stocks in the Software industry, it outperforms 82% of 277 stocks in the same industry.
VERI has an average volume of 3235050 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 VERI is one of the better performing stocks in the market, outperforming 91% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
VERI 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 VERI is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
VERI Weekly chart
VERI Daily chart
Setup Rating and Analysis

4

VERI has an average technical rating and also the quality of the setup is only medium 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.

Support and Resistance Analysis

1.77

6.43

When analyzing the support we can see 3 important areas.

  • Support @3.21 from a horizontal line in the daily time frame.
  • Support @1.90 from a trend line in the daily time frame.
  • Support @1.79 from a trend line in the daily time frame.

We found 1 important resistance area.

  • Resistance @6.37 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.36
Mansfield0.01
10 Day High4.05
10 Day Low3.12
20 Day High7.17
20 Day Low3.12
52 Week High7.76
52 Week Low1.48
Performance
1 Week-4.27%
2 Weeks-8.2%
1 Month-48.58%
3 Month88.76%
6 Month29.23%
12 Month-12.16%
2 Year-56.81%
3 Year-82.47%
5 Year-61.99%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.14
RSI(14)41.11
LBB2.98
UBB4.17
VERI Daily chart

VERITONE INC

NASDAQ:VERI (5/3/2024, 7:24:34 PM)

After market: 3.39 +0.03 (+0.89%)

3.36

+0.08 (+2.6%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg2.6%
1 Week-4.27%
2 Weeks-8.2%
1 Month-48.58%
3 Month88.76%
6 Month29.23%
12 Month-12.16%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.45
ATR(20)%17.03%
ATR Inc
Range Today0.31
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High4.05
10 Day Low3.12
20 Day High7.17
20 Day Low3.12
52 Week High7.76
52 Week Low1.48
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume490.90K
Volume Incr-62.27%
Vol(5)728.50K
Vol(50)3.24M