VERTEX INC - CLASS A (VERX) Stock Technical Analysis
NASDAQ:VERX - Nasdaq - US92538J1060 - Common Stock - Currency: USD
Overall VERX gets a technical rating of 0 out of 10. VERX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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, VERX is a bad performer in the overall market: 83% of all stocks are doing better.
VERX is part of the Software industry. There are 282 other stocks in this industry, of which 69% are performing better than VERX.
VERX 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.
VERX has an average volume of 1302490 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month VERX has a been trading in the 33.22 - 37.77 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
VERX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
31.96
41.49
3 important support areas can be observed.
- Support @34.53 from a trend line in the weekly time frame.
- Support @33.82 from a trend line in the daily time frame.
- Support @32.28 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- Resistance @36.41 from a horizontal line in the daily time frame.
- A resistance zone ranging from 37.01 to 37.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @41.08 from a horizontal 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 VERX is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for VERX is neutral. |
| ChartMill Relative Strength | 17.8 | NEGATIVE | VERX has a low relative strength, it was outperformed by 82.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of VERX is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of VERX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of VERX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.64 | NEUTRAL | The RSI value for VERX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests VERX has a positive trend. |
| Stochastics (14,3) | 66.23 | NEUTRAL | The Stochastics value for VERX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.8 | MEDIUM VOLATILITY | The ATR as a percentage value for VERX suggests some volalility. |
| Average Directional Index/ADX (14) | 21.12 | NEUTRAL | The ADX value for VERX suggests a possible start of a new 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)
36.21
+1.73 (+5.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg5.02%
1 Week0.17%
2 Weeks4.99%
1 Month-1.52%
3 Month-7.75%
6 Month-35.8%
12 Month-4.51%
2 Year74.42%
3 Year221.87%
5 Year53.69%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.38
ATR(20)%3.8%
ATR Inc36.83%
Range Today1.97
ADR(20)1.36
ADR(20)%3.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.8
Mansfield-2.02
10 Day High36.68
10 Day Low34.05
20 Day High37.77
20 Day Low33.22
52 Week High60.71
52 Week Low30.26
CS1 End34.53
CR1 Start36.41
Volume & EV
DER(3)-3.52%
DER(5)-2.86%
Volume2.71M
Volume Incr-19.74%
Vol(5)1.38M
Vol(50)1.30M