VERIFYME INC (VRME)
US92346X2062 - Common Stock
Overall VRME gets a technical rating of 7 out of 10. Although VRME is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
VRME is one of the better performing stocks in the Electronic Equipment, Instruments & Components industry, it outperforms 70% of 127 stocks in the same industry.
When comparing the yearly performance of all stocks, we notice that VRME is one of the better performing stocks in the market, outperforming 78% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
VRME is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so VRME is lagging the market slightly.
In the last month VRME has a been trading in the 1.41 - 2.45 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although VRME has an excellent technical rating, it does not present a decent entry opportunity 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
1.04
1.71
We found 5 important support areas.
- Support @1.50 from a horizontal line in the daily time frame.
- Support @1.27 from a trend line in the daily time frame.
- Support @1.11 from a horizontal line in the daily time frame.
- Support @1.07 from a trend line in the daily time frame.
- Support @1.05 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 1.67 to 1.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.61
Mansfield1.65
10 Day High2.45
10 Day Low1.42
20 Day High2.45
20 Day Low1.41
52 Week High2.45
52 Week Low0.85
Performance
1 Week-4.19%
2 Weeks5.96%
1 Month7.38%
3 Month48.15%
6 Month48.15%
12 Month-14.89%
2 Year-39.62%
3 Year-53.89%
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)0.01
RSI(14)48.44
LBB1.29
UBB2.14
VERIFYME INC
NASDAQ:VRME (5/3/2024, 7:25:17 PM)
After market: 1.5799 -0.02 (-1.26%)1.6
-0.32 (-16.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-16.67%
1 Week-4.19%
2 Weeks5.96%
1 Month7.38%
3 Month48.15%
6 Month48.15%
12 Month-14.89%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.2
ATR(20)%10.71%
ATR Inc
Range Today0.49
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 High2.45
10 Day Low1.42
20 Day High2.45
20 Day Low1.41
52 Week High2.45
52 Week Low0.85
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume185.80K
Volume Incr594.92%
Vol(5)160.70K
Vol(50)43.62K