We assign a technical rating of 2 out of 10 to VERU. Recently some decent action could be observed, but in the medium term time frame this is still negative. VERU was also a bad performer in the overall market in the last year.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, VERU is a bad performer in the overall market: 96% of all stocks are doing better.
- VERU is one of the lesser performing stocks in the Pharmaceuticals industry. 81% of 190 stocks in the same industry do better.
- VERU is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month VERU has a been trading in the 2.10 - 2.72 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of VERU is bad and it also does not present a 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
2.31
We found 1 important support area.
- A support zone ranging from 2.33 to 2.34. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 2.70 to 2.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.85 from a trend 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 VERU is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for VERU is neutral. |
| ChartMill Relative Strength | 4.56 | NEGATIVE | VERU has a low relative strength, it was outperformed by 95.44% 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 | NEGATIVE | The current price of VERU is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 62.14 | NEUTRAL | The RSI value for VERU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests VERU has a positive trend. |
| Stochastics (14,3) | 79.58 | NEUTRAL | The Stochastics value for VERU is a neutral value. |
| Average True Range in percent/ATR (20) | 6.48 | HIGH VOLATILITY | The high ATR as a percentage value for VERU suggests high volalility. |
| Average Directional Index/ADX (14) | 12.82 | NEGATIVE | The low ADX value for VERU suggests a weak or negative trend. |
2.69
+0.27 (+11.16%)
VERU INC / VERU FAQ
Can you provide the ChartMill technical rating for VERU INC?
ChartMill assigns a technical rating of 2 / 10 to VERU.
Can you provide the trend direction for VERU INC?
The current trend direction for VERU INC (VERU) is Bearish.
What is the RSI signal for VERU stock?
VERU INC (VERU) has an RSI value of 62.1386. This indicates that the stock is currently neutral.
What is the short term momentum for VERU stock?
The short term momentum for VERU INC (VERU) is neutral.
What are the support and resistance levels for VERU INC (VERU) stock?
VERU INC (VERU) has a support level at 2.34 and a resistance level at 2.7. Check the full technical report for our detailed analysis of VERU support and resistance levels.