VENUS CONCEPT INC (VERO) Stock Technical Analysis
NASDAQ:VERO - Nasdaq - US92332W3034 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to VERO. VERO'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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, VERO is a bad performer in the overall market: 94% of all stocks are doing better.
VERO is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 77% of 189 stocks in the same industry do better.
VERO is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so VERO is lagging the market.
In the last month VERO has a been trading in the 2.10 - 2.79 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
VERO has an average volume of 1462000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
VERO has a poor technical rating and the quality of the setup is also not perfect 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.
More info and screens
2.23
3.36
3 important resistance areas can be observed.
- Resistance @2.54 from a horizontal line in the daily time frame.
- Resistance @2.66 from a trend line in the weekly time frame.
- Resistance @3.33 from a trend line in the weekly time frame.
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 VERO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for VERO is down. |
| ChartMill Relative Strength | 6.74 | NEGATIVE | VERO has a low relative strength, it was outperformed by 93.26% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VERO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of VERO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of VERO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.1 | NEUTRAL | The RSI value for VERO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests VERO has a positive trend. |
| Stochastics (14,3) | 35.51 | NEUTRAL | The Stochastics value for VERO is a neutral value. |
| Average True Range in percent/ATR (20) | 7.29 | HIGH VOLATILITY | The high ATR as a percentage value for VERO suggests high volalility. |
| Average Directional Index/ADX (14) | 25.68 | POSITIVE | The high ADX value value for VERO suggests a strong 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)
NASDAQ:VERO (5/22/2025, 2:24:57 PM)
2.25
-0.02 (-0.88%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-0.88%
1 Week-6.58%
2 Weeks-2.99%
1 Month-17.45%
3 Month-33.45%
6 Month-36.5%
12 Month-61.14%
2 Year-90.49%
3 Year-98.13%
5 Year-99.54%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%7.29%
ATR Inc-3.13%
Range Today0.16
ADR(20)0.16
ADR(20)%7.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.74
Mansfield-5.55
10 Day High2.56
10 Day Low2.1
20 Day High2.79
20 Day Low2.1
52 Week High17.49
52 Week Low2.1
CS1 EndN/A
CR1 Start2.54
Volume & EV
DER(3)-4.17%
DER(5)-5.67%
Volume22.43K
Volume Incr-37.64%
Vol(5)67.16K
Vol(50)1.46M