VERIS RESIDENTIAL INC (VRE)
US5544891048 - REIT
Taking everything into account, VRE scores 5 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. VRE was also a bad performer in the overall market in the last year.
73% of all other stocks performed better in the past year than VRE.
VRE is one of the lesser performing stocks in the Residential REITs industry. 95% of 21 stocks in the same industry do better.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month VRE has a been trading in the 14.37 - 15.94 range, which is quite wide. It is currently trading near the high of this range.
VRE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so VRE is lagging the market.
VRE has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 15.73. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 15.14, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
13.28
16.44
When analyzing the support we can see 4 important areas.
- A support zone ranging from 14.87 to 15.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @14.62 from a trend line in the weekly time frame.
- A support zone ranging from 13.96 to 14.12. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @13.41 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 15.73 to 15.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @16.28 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.84
Mansfield-1.33
10 Day High15.94
10 Day Low14.98
20 Day High15.94
20 Day Low14.37
52 Week High18.98
52 Week Low13.07
Performance
1 Week0.9%
2 Weeks5.72%
1 Month8.94%
3 Month0.32%
6 Month15.76%
12 Month-4.96%
2 Year-2.3%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.07
RSI(14)63.52
LBB14.46
UBB16.1
VERIS RESIDENTIAL INC
NYSE:VRE (5/17/2024, 7:04:00 PM)
After market: 15.8 +0.08 (+0.51%)15.72
+0.02 (+0.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryResidential REITs
Performance
% Chg0.13%
1 Week0.9%
2 Weeks5.72%
1 Month8.94%
3 Month0.32%
6 Month15.76%
12 Month-4.96%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.34
ATR(20)%2.39%
ATR Inc
Range Today0.22
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High15.94
10 Day Low14.98
20 Day High15.94
20 Day Low14.37
52 Week High18.98
52 Week Low13.07
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume658.00K
Volume Incr-14.91%
Vol(5)424.72K
Vol(50)498.12K