Overall VERI gets a technical rating of 7 out of 10. Both in the recent history as in the last year, VERI has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although VERI has an excellent technical rating, it does not present a decent entry opportunity 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.
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2.02
When analyzing the support we can see 3 important areas.
- Support @4.32 from a trend line in the weekly time frame.
- Support @4.15 from a trend line in the daily time frame.
- Support @2.04 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 5.55 to 5.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 VERI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VERI is up. |
| ChartMill Relative Strength | 96.11 | POSITIVE | VERI has a high relative strength, it outperformed 96.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of VERI is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VERI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VERI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.16 | NEUTRAL | The RSI value for VERI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests VERI has a positive trend. |
| Stochastics (14,3) | 92.81 | OVERBOUGHT | The high Stochastics value suggests VERI may be overbought. |
| Average True Range in percent/ATR (20) | 7.68 | HIGH VOLATILITY | The high ATR as a percentage value for VERI suggests high volalility. |
| Average Directional Index/ADX (14) | 16.83 | NEGATIVE | The low ADX value for VERI suggests a weak or negative trend. |
5.54
+0.33 (+6.33%)
VERITONE INC / VERI FAQ
What is the technical rating for VERI stock?
ChartMill assigns a technical rating of 7 / 10 to VERI.
Can you provide the trend direction for VERITONE INC?
The current trend direction for VERITONE INC (VERI) is Bullish.
Can you provide the RSI signal for VERITONE INC?
VERITONE INC (VERI) has an RSI value of 57.1592. This indicates that the stock is currently neutral.
What is the short term momentum for VERI stock?
The short term momentum for VERITONE INC (VERI) is positive.
What is the buy/sell signal for VERI stock?
The buy/sell signal for VERITONE INC (VERI) is buy as both the short term and long term trends are positive.