VERIS RESIDENTIAL INC (VRE) Stock Technical Analysis
NYSE:VRE - New York Stock Exchange, Inc. - US5544891048 - REIT - Currency: USD
Overall VRE gets a technical rating of 2 out of 10. VRE 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.
VRE is one of the lesser performing stocks in the Residential REITs industry. 84% of 20 stocks in the same industry do better.
In the last month VRE has a been trading in the 14.45 - 16.42 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When compared to the yearly performance of all other stocks, VRE outperforms 48% of them, which is more or less in line with the market.
VRE is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Although the technical rating is bad, VRE does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 15.15, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for VRE in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
14.90
18.80
We found 1 important support area.
- A support zone ranging from 15.05 to 15.15. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 15.65 to 15.72. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 15.99 to 16.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 16.70 to 17.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @18.61 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.59
Mansfield-0.46
10 Day High16.42
10 Day Low15.06
20 Day High16.42
20 Day Low14.45
52 Week High18.85
52 Week Low13.84
Performance
1 Week-4.49%
2 Weeks0.26%
1 Month2.91%
3 Month-3.36%
6 Month-14.1%
12 Month-0.26%
2 Year-3.84%
3 Year-3.42%
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)0.02
RSI(14)45.54
LBB15.22
UBB16.3
15.54
-0.09 (-0.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryResidential REITs
Performance
% Chg-0.58%
1 Week-4.49%
2 Weeks0.26%
1 Month2.91%
3 Month-3.36%
6 Month-14.1%
12 Month-0.26%
2 Year-3.84%
3 Year-3.42%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.43
ATR(20)%2.81%
ATR Inc-42.68%
Range Today0.15
ADR(20)0.41
ADR(20)%2.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.59
Mansfield-0.46
10 Day High16.42
10 Day Low15.06
20 Day High16.42
20 Day Low14.45
52 Week High18.85
52 Week Low13.84
CS1 End15.15
CR1 Start15.65
Volume & EV
DER(3)3.02%
DER(5)2.07%
Volume440.00K
Volume Incr-27.3%
Vol(5)478.54K
Vol(50)563.87K