NASDAQ:VRME • US92346X2062
Taking everything into account, VRME scores 4 out of 10 in our technical rating. VRME 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.
VRME has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
0.66
2 important support areas can be observed.
When analyzing the resistance we notice 5 important 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 | NEUTRAL | NEUTRAL | The long term trend for VRME is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for VRME is neutral. |
| ChartMill Relative Strength | 63.4 | NEUTRAL | VRME is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VRME is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VRME is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VRME is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.87 | NEUTRAL | The RSI value for VRME is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests VRME has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.88 | NEUTRAL | The Stochastics value for VRME is a neutral value. |
| Average True Range in percent/ATR (20) | 14.2 | HIGH VOLATILITY | The high ATR as a percentage value for VRME suggests high volalility. |
| Average Directional Index/ADX (14) | 30.92 | POSITIVE | The high ADX value value for VRME suggests a strong trend. |
1.01
+0.02 (+1.55%)
ChartMill assigns a technical rating of 4 / 10 to VRME.
The current trend direction for VERIFYME INC (VRME) is Bearish.
VERIFYME INC (VRME) has an RSI value of 46.8719. This indicates that the stock is currently neutral.
The short term momentum for VERIFYME INC (VRME) is neutral.