USA - NYSE:VRE - US5544891048 - REIT
Overall VRE gets a technical rating of 1 out of 10. VRE's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, VRE does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 14.77, a Stop Loss order could be placed below this zone.
13.59
2 important support areas can be observed.
We can see 2 important resistance 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 VRE is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for VRE is neutral. |
| ChartMill Relative Strength | 29.81 | NEGATIVE | VRE has a low relative strength, it was outperformed by 70.19% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of VRE is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of VRE is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of VRE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.47 | NEUTRAL | The RSI value for VRE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests VRE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.74 | NEUTRAL | The Stochastics value for VRE is a neutral value. |
| Average True Range in percent/ATR (20) | 1.92 | LOW VOLATILITY | The low ATR as a percentage value for VRE suggests low volalility. |
| Average Directional Index/ADX (14) | 18.21 | NEGATIVE | The low ADX value for VRE suggests a weak or negative trend. |
14.78
-0.11 (-0.74%)
ChartMill assigns a technical rating of 1 / 10 to VRE.
The current trend direction for VERIS RESIDENTIAL INC (VRE) is Bearish.
VERIS RESIDENTIAL INC (VRE) has an RSI value of 47.4713. This indicates that the stock is currently neutral.
The MACD indicator for VERIS RESIDENTIAL INC (VRE) has a value of 0.0482306, indicating a bearish trend.
The short term momentum for VERIS RESIDENTIAL INC (VRE) is neutral.