VERU INC (VERU) Stock Technical Analysis
NASDAQ:VERU - US92536C1036 - Common Stock
3.25 USD
-0.12 (-3.56%)
3.3 USD
+0.05 (+1.54%)
We assign a technical rating of 0 out of 10 to VERU. VERU scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
97% of all other stocks performed better in the past year than VERU.
VERU is one of the lesser performing stocks in the Pharmaceuticals industry. 83% of 195 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 2.64 - 5.00 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.
VERU has an average volume of 1525220 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.
Although the technical rating is bad, VERU does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 3.61. Right above this resistance zone may be a good entry point.
More info and screens
3.22
4.43
We can see 2 important resistance areas.
- A resistance zone ranging from 3.61 to 3.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.39 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 | DOWN | NEGATIVE | The short term trend for VERU is down. |
| ChartMill Relative Strength | 3.08 | NEGATIVE | VERU has a low relative strength, it was outperformed by 96.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VERU is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of VERU is below a declining 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) | 32.86 | 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, although the MACD value is declining. |
| Stochastics (14,3) | 49.38 | NEUTRAL | The Stochastics value for VERU is a neutral value. |
| Average True Range in percent/ATR (20) | 11.74 | HIGH VOLATILITY | The high ATR as a percentage value for VERU suggests high volalility. |
| Average Directional Index/ADX (14) | 35.91 | 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)
3.25
-0.12 (-3.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-3.56%
1 Week-9.72%
2 Weeks-9.47%
1 Month-34.14%
3 Month-36.05%
6 Month-37.46%
12 Month-60.29%
2 Year-68.75%
3 Year-97.88%
5 Year-88.27%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.36
ATR(20)%11.74%
ATR Inc-43.42%
Range Today0.2
ADR(20)0.34
ADR(20)%10.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.08
Mansfield-5.29
10 Day High3.87
10 Day Low3.2
20 Day High5
20 Day Low2.64
52 Week High14.2
52 Week Low2.64
CS1 EndN/A
CR1 Start3.61
Volume & EV
DER(3)-6.93%
DER(5)-2.56%
Volume108.80K
Volume Incr-88.39%
Vol(5)120.58K
Vol(50)1.53M