We assign a technical rating of 6 out of 10 to VRA. In the last year, VRA was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although the technical rating is only medium, VRA does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price.
1.93
When analyzing the support we can see 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 | NEUTRAL | NEUTRAL | The long term trend for VRA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VRA is up. |
| ChartMill Relative Strength | 27.55 | NEGATIVE | VRA has a low relative strength, it was outperformed by 72.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VRA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VRA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of VRA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.7 | NEUTRAL | The RSI value for VRA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests VRA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 39.04 | NEUTRAL | The Stochastics value for VRA is a neutral value. |
| Average True Range in percent/ATR (20) | 11.26 | HIGH VOLATILITY | The high ATR as a percentage value for VRA suggests high volalility. |
| Average Directional Index/ADX (14) | 39.39 | POSITIVE | The high ADX value value for VRA suggests a strong trend. |
2.68
+0.21 (+8.5%)
ChartMill assigns a technical rating of 6 / 10 to VRA.
The current trend direction for VERA BRADLEY INC (VRA) is Bearish.
VERA BRADLEY INC (VRA) has an RSI value of 55.7037. This indicates that the stock is currently neutral.
VERA BRADLEY INC (VRA) has a support level at 2.44. Check the full technical report for our detailed analysis of VRA support and resistance levels.