VERU INC (VERU) Stock Technical Analysis
NASDAQ:VERU - Nasdaq - US92536C1036 - Common Stock - Currency: USD
Taking everything into account, VERU scores 6 out of 10 in our technical rating. In the past year, VERU was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
VERU is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
VERU is part of the Pharmaceuticals industry. There are 195 other stocks in this industry. VERU outperforms 72% of them.
In the last month VERU has a been trading in the 0.48 - 0.68 range, which is quite wide. It is currently trading near the high of this range.
VERU has an average volume of 2509250 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that VERU is one of the better performing stocks in the market, outperforming 70% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
VERU has an average technical rating and it also does not offer a high quality setup 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
0.49
1.00
We found 3 important support areas.
- Support @0.51 from a trend line in the weekly time frame.
- Support @0.50 from a trend line in the daily time frame.
- Support @0.49 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @0.99 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 | NEUTRAL | NEUTRAL | The long term trend for VERU is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VERU is up. |
| ChartMill Relative Strength | 70.95 | POSITIVE | VERU has a high relative strength, it outperformed 70.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VERU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VERU is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of VERU is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 69.09 | NEUTRAL | The RSI value for VERU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests VERU has a positive trend. |
| Stochastics (14,3) | 86.78 | OVERBOUGHT | The high Stochastics value suggests VERU may be overbought. |
| Average True Range in percent/ATR (20) | 6.35 | HIGH VOLATILITY | The high ATR as a percentage value for VERU suggests high volalility. |
| Average Directional Index/ADX (14) | 39.84 | POSITIVE | The high ADX value value for VERU 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)
0.6687
+0.02 (+3.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg3.67%
1 Week8.48%
2 Weeks31.38%
1 Month28.35%
3 Month38.05%
6 Month-7.47%
12 Month-17.78%
2 Year-43.81%
3 Year-94.08%
5 Year-79.98%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%6.35%
ATR Inc-19.5%
Range Today0.05
ADR(20)0.04
ADR(20)%6.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.95
Mansfield-1.04
10 Day High0.68
10 Day Low0.48
20 Day High0.68
20 Day Low0.48
52 Week High1.42
52 Week Low0.45
CS1 End0.51
CR1 Start0.99
Volume & EV
DER(3)1.15%
DER(5)-4.04%
Volume2.96M
Volume Incr-44.13%
Vol(5)2.01M
Vol(50)2.51M