1.78 USD
+0.02 (+1.14%)
1.81 USD
+0.03 (+1.69%)
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: 92% of all stocks are doing better.
VERO is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 68% of 188 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 1.65 - 3.02 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, VERO does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
1.76
2.68
We can see 6 important resistance areas.
- Resistance @1.89 from a horizontal line in the daily time frame.
- A resistance zone ranging from 1.98 to 1.99. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @2.07 from a trend line in the weekly time frame.
- A resistance zone ranging from 2.19 to 2.20. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @2.51 from a trend line in the daily time frame.
- Resistance @2.65 from a horizontal line in the daily 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 | 8.39 | NEGATIVE | VERO has a low relative strength, it was outperformed by 91.61% 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) | 38.26 | NEUTRAL | The RSI value for VERO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests VERO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.68 | OVERSOLD | The low Stochastics value suggests VERO may be oversold. |
| Average True Range in percent/ATR (20) | 12.31 | HIGH VOLATILITY | The high ATR as a percentage value for VERO suggests high volalility. |
| Average Directional Index/ADX (14) | 25.9 | 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)
1.78
+0.02 (+1.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg1.14%
1 Week2.3%
2 Weeks-7.77%
1 Month-20.18%
3 Month-27.35%
6 Month-21.93%
12 Month-50.21%
2 Year-89.35%
3 Year-95.5%
5 Year-99.55%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%12.31%
ATR Inc-32.96%
Range Today0.13
ADR(20)0.2
ADR(20)%11.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.39
3 months CRS11.11
6 months CRS13.26
Mansfield-4.23
10 Day High3.02
10 Day Low1.65
20 Day High3.02
20 Day Low1.65
52 Week High14.5
52 Week Low1.65
CS1 EndN/A
CR1 Start1.89
Volume & EV
DER(3)-20.09%
DER(5)-12.01%
Volume9.50K
Volume Incr-96.52%
Vol(5)61.34K
Vol(50)792.95K
VENUS CONCEPT INC / VERO FAQ
What is the ChartMill technical rating of VENUS CONCEPT INC (VERO) stock?
ChartMill assigns a technical rating of 0 / 10 to VERO.
What is the trend direction for VERO stock?
The current trend direction for VENUS CONCEPT INC (VERO) is Bearish.
Can you provide the RSI signal for VENUS CONCEPT INC?
VENUS CONCEPT INC (VERO) has an RSI value of 38.2593. This indicates that the stock is currently neutral.
What is the short term momentum for VERO stock?
The short term momentum for VENUS CONCEPT INC (VERO) is negative.
What are the support and resistance levels for VENUS CONCEPT INC (VERO) stock?
VENUS CONCEPT INC (VERO) has a resistance level at 1.89. Check the full technical report for our detailed analysis of VERO support and resistance levels.