4.45 USD
+0.08 (+1.83%)
4.4701 USD
+0.02 (+0.45%)
We assign a technical rating of 2 out of 10 to VERI. VERI has been an average performer 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 4.36 - 5.37 range, which is quite wide. It is currently trading near the lows of this range.
- VERI is part of the Software industry. There are 277 other stocks in this industry. VERI outperforms 84% of them.
- VERI has an average volume of 3498210 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, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- Looking at the yearly performance, VERI did better than 78% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- VERI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so VERI is lagging the market.
- Considerably lower volume is observed in the last couple of days.
VERI has a poor technical rating and the quality of the setup is also not perfect at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
2.02
5.18
We found 3 important support areas.
- Support @3.95 from a horizontal line in the weekly time frame.
- Support @3.85 from a horizontal line in the daily time frame.
- Support @2.04 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 4.65 to 4.71. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 5.04 to 5.13. 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 | DOWN | NEGATIVE | The short term trend for VERI is down. |
| ChartMill Relative Strength | 78.54 | POSITIVE | VERI has a high relative strength, it outperformed 78.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VERI is below a declining 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 | POSITIVE | The current price of VERI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.69 | NEUTRAL | The RSI value for VERI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests VERI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 10.93 | OVERSOLD | The low Stochastics value suggests VERI may be oversold. |
| Average True Range in percent/ATR (20) | 5.9 | HIGH VOLATILITY | The high ATR as a percentage value for VERI suggests high volalility. |
| Average Directional Index/ADX (14) | 11.12 | NEGATIVE | The low ADX value for VERI suggests a weak or negative trend. |
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)
4.45
+0.08 (+1.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg1.83%
1 Week-5.12%
2 Weeks-7.1%
1 Month-8.44%
3 Month-28.8%
6 Month96.9%
12 Month64.21%
2 Year169.7%
3 Year-47.34%
5 Year-88.67%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.26
ATR(20)%5.9%
ATR Inc-15.79%
Range Today0.14
ADR(20)0.26
ADR(20)%5.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.54
3 months CRS9.84
6 months CRS96.13
Mansfield2.33
10 Day High5.24
10 Day Low4.36
20 Day High5.37
20 Day Low4.36
52 Week High9.42
52 Week Low1.22
CS1 End3.95
CR1 Start4.65
Volume & EV
DER(3)-2.48%
DER(5)-3.78%
Volume2.06M
Volume Incr-22.53%
Vol(5)1.96M
Vol(50)3.50M
VERITONE INC / VERI FAQ
What is the technical rating for VERI stock?
ChartMill assigns a technical rating of 2 / 10 to VERI.
What is the current trend direction of VERITONE INC (VERI) stock?
The current trend direction for VERITONE INC (VERI) is Bullish.
What is the RSI signal for VERITONE INC (VERI) stock?
VERITONE INC (VERI) has an RSI value of 39.6908. 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 3.95 and a resistance level at 4.65. Check the full technical report for our detailed analysis of VERI support and resistance levels.