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.
Although the technical rating is bad, VERX 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.
18.91
We found 1 important support area.
When analyzing the resistance we notice 4 important areas.
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 | DOWN | NEGATIVE | The short term trend for VERX is down. |
| ChartMill Relative Strength | 6.43 | NEGATIVE | VERX has a low relative strength, it was outperformed by 93.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VERX is below 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) | 37.09 | NEUTRAL | The RSI value for VERX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests VERX has a positive trend. |
| Stochastics (14,3) | 51.06 | NEUTRAL | The Stochastics value for VERX is a neutral value. |
| Average True Range in percent/ATR (20) | 4.9 | MEDIUM VOLATILITY | The ATR as a percentage value for VERX suggests some volalility. |
| Average Directional Index/ADX (14) | 33.7 | POSITIVE | The high ADX value value for VERX suggests a strong trend. |
19.82
+0.26 (+1.33%)
ChartMill assigns a technical rating of 0 / 10 to VERX.
The current trend direction for VERTEX INC - CLASS A (VERX) is Bearish.
VERTEX INC - CLASS A (VERX) has an RSI value of 37.0866. This indicates that the stock is currently neutral.
The buy/sell signal for VERTEX INC - CLASS A (VERX) is sell as both the short term and long term trends are negative.
VERTEX INC - CLASS A (VERX) has a support level at 19.1 and a resistance level at 20.71. Check the full technical report for our detailed analysis of VERX support and resistance levels.