VEREN INC (VRN) Stock Technical Analysis
NYSE:VRN - New York Stock Exchange, Inc. - CA92340V1076 - Common Stock - Currency: USD
Overall VRN gets a technical rating of 5 out of 10. VRN was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
100% of all other stocks performed better in the past year than VRN.
VRN is part of the Oil, Gas & Consumable Fuels industry. There are 212 other stocks in this industry, of which 91% are performing better than VRN.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
In the last month VRN has a been trading in the 4.92 - 6.25 range, which is quite wide. It is currently trading near the high of this range.
VRN has an average volume of 26127900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although the technical rating is only medium, VRN does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 6.03. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for VRN 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
5.04
6.86
We found 3 important support areas.
- A support zone ranging from 5.81 to 5.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.39 from a trend line in the daily time frame.
- A support zone ranging from 5.09 to 5.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 6.03 to 6.13. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @6.48 from a trend line in the weekly time frame.
- A resistance zone ranging from 6.62 to 6.79. This zone is formed by a combination of multiple trend lines 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
CRS0
Mansfield-30
10 Day High6.25
10 Day Low5.83
20 Day High6.25
20 Day Low4.93
52 Week HighN/A
52 Week LowN/A
Performance
1 Week-3.43%
2 Weeks-3.43%
1 Month-5.58%
3 Month17.69%
6 Month19.11%
12 MonthN/A
2 YearN/A
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)-0.01
RSI(14)48.33
LBB5.74
UBB6.25
5.92
+0.01 (+0.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.17%
1 Week-3.43%
2 Weeks-3.43%
1 Month-5.58%
3 Month17.69%
6 Month19.11%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%6.14%
ATR Inc-15.58%
Range Today0.19
ADR(20)0.32
ADR(20)%5.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High6.25
10 Day Low5.83
20 Day High6.25
20 Day Low4.93
52 Week HighN/A
52 Week LowN/A
CS1 End5.88
CR1 Start6.03
Volume & EV
DER(3)7.32%
DER(5)5.44%
Volume28.28M
Volume Incr-2.71%
Vol(5)25.78M
Vol(50)26.13M