VERTEX INC - CLASS A (VERX) Stock Technical Analysis
NASDAQ:VERX - Nasdaq - US92538J1060 - Common Stock - Currency: USD
Taking everything into account, VERX scores 3 out of 10 in our technical rating. VERX has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
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.
In the last month VERX has a been trading in the 36.03 - 42.44 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
VERX has an average volume of 1075700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When compared to the yearly performance of all other stocks, VERX outperforms 61% of them, which is more or less in line with the market.
VERX is an average performer in the Software industry, it outperforms 53% of 284 stocks in the same industry.
The technical rating of VERX is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
31.96
42.30
3 important support areas can be observed.
- Support @36.76 from a horizontal line in the daily time frame.
- Support @34.51 from a trend line in the weekly time frame.
- Support @32.28 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 38.70 to 39.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 40.91 to 41.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @41.88 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for VERX is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for VERX is down. |
| ChartMill Relative Strength | 61.2 | NEUTRAL | VERX is not amongst the best or worst performers 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) | UP | MIXED | The current price of VERX is below the rising 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) | 37.36 | NEUTRAL | The RSI value for VERX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.34 | NEGATIVE | The MACD value suggests VERX has a negative trend. |
| Stochastics (14,3) | 10.82 | OVERSOLD | The low Stochastics value suggests VERX may be oversold. |
| Average True Range in percent/ATR (20) | 3.33 | MEDIUM VOLATILITY | The ATR as a percentage value for VERX suggests some volalility. |
| Average Directional Index/ADX (14) | 22.85 | 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)
36.77
-0.78 (-2.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-2.08%
1 Week-12.18%
2 Weeks-6.93%
1 Month-5.23%
3 Month9.47%
6 Month-29.81%
12 Month4.19%
2 Year88.56%
3 Year224.54%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.32
ATR(20)%3.33%
ATR Inc16.05%
Range Today1.74
ADR(20)1.13
ADR(20)%3.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.2
Mansfield-1.72
10 Day High42.44
10 Day Low36.03
20 Day High42.44
20 Day Low36.03
52 Week High60.71
52 Week Low30.26
CS1 End36.76
CR1 Start38.7
Volume & EV
DER(3)-0.35%
DER(5)1.68%
Volume1.37M
Volume Incr110.26%
Vol(5)1.72M
Vol(50)1.08M