VERITONE INC (VERI) Technical Analysis
NASDAQ:VERI • US92347M1009
Current stock price
VERI Technical Rating and Analysis
Overall VERI gets a technical rating of 1 out of 10. VERI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, VERI is a bad performer in the overall market: 83% of all stocks are doing better.
- VERI is currently trading in the lower part 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.
- In the last month VERI has a been trading in the 2.64 - 3.34 range, which is quite wide. It is currently trading near the lows of this range.
- VERI has an average volume of 2076620 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- VERI is part of the Software industry. There are 278 other stocks in this industry, VERI did better than 58% of them.
VERI Weekly and Daily overview Charts
VERI Setup Rating and Analysis
VERI has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. We notice that large players showed an interest for VERI in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
VERI Support and Resistance Analysis
2.67
We found 1 important support area.
- A support zone ranging from 2.70 to 2.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @3.15 from a horizontal line in the daily time frame.
- Resistance @5.91 from a horizontal line in the daily time frame.
VERI 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 | DOWN | NEGATIVE | The long term trend for VERI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for VERI is down. |
| ChartMill Relative Strength | 17.38 | NEGATIVE | VERI has a low relative strength, it was outperformed by 82.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of VERI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of VERI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of VERI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.75 | NEUTRAL | The RSI value for VERI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests VERI has a positive trend. |
| Stochastics (14,3) | 14.42 | OVERSOLD | The low Stochastics value suggests VERI may be oversold. |
| Average True Range in percent/ATR (20) | 7.09 | HIGH VOLATILITY | The high ATR as a percentage value for VERI suggests high volalility. |
| Average Directional Index/ADX (14) | 30.45 | POSITIVE | The high ADX value value for VERI suggests a strong trend. |
VERI Chart- and CandleStick Pattern Analysis
VERI Technicals: Chart, Performance Metrics, Trend & Indicators
2.79
+0.08 (+2.95%)
VERITONE INC / VERI TA FAQ
What is the technical rating for VERI stock?
ChartMill assigns a technical rating of 1 / 10 to VERI.
What is the current trend direction of VERITONE INC (VERI) stock?
The current trend direction for VERITONE INC (VERI) is Bearish.
What is the RSI signal for VERITONE INC (VERI) stock?
VERITONE INC (VERI) has an RSI value of 39.7486. This indicates that the stock is currently neutral.
Can you provide the short term momentum for VERITONE INC?
The short term momentum for VERITONE INC (VERI) is negative.
Can you provide the support and resistance levels for VERITONE INC?
VERITONE INC (VERI) has a support level at 2.7 and a resistance level at 3.15. Check the full technical report for our detailed analysis of VERI support and resistance levels.