VERIFYME INC (VRME) Stock Technical Analysis
NASDAQ:VRME - Nasdaq - US92346X2062 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to VRME. VRME scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, VRME is a bad performer in the overall market: 92% of all stocks are doing better.
VRME is one of the lesser performing stocks in the Electronic Equipment, Instruments & Components industry. 84% of 125 stocks in the same industry do better.
VRME is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so VRME is lagging the market.
In the last month VRME has a been trading in the 0.62 - 0.83 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
VRME has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 0.69, a Stop Loss order could be placed below this zone.
More info and screens
0.59
0.82
2 important support areas can be observed.
- A support zone ranging from 0.69 to 0.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.60 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 0.71 to 0.72. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.77 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 0.80 to 0.81. 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
CRS8.07
Mansfield-4.23
10 Day High0.83
10 Day Low0.65
20 Day High0.83
20 Day Low0.62
52 Week High5
52 Week Low0.55
Performance
1 Week-1.28%
2 Weeks-2.62%
1 Month13.08%
3 Month-25.41%
6 Month13.63%
12 Month-56.72%
2 Year-50.97%
3 Year-73.54%
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
RSI(14)47.46
LBB0.66
UBB0.79
0.7011
+0.01 (+0.88%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg0.88%
1 Week-1.28%
2 Weeks-2.62%
1 Month13.08%
3 Month-25.41%
6 Month13.63%
12 Month-56.72%
2 Year-50.97%
3 Year-73.54%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%7.15%
ATR Inc-47.44%
Range Today0.03
ADR(20)0.05
ADR(20)%7.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.07
Mansfield-4.23
10 Day High0.83
10 Day Low0.65
20 Day High0.83
20 Day Low0.62
52 Week High5
52 Week Low0.55
CS1 End0.69
CR1 Start0.71
Volume & EV
DER(3)-20.74%
DER(5)-15.3%
Volume36.90K
Volume Incr-6.15%
Vol(5)67.86K
Vol(50)113.82K