VERONA PHARMA PLC - ADR (VRNA)

US9250501064 - ADR

15.24  -0.35 (-2.25%)

After market: 16.14 +0.9 (+5.91%)

Technical Rating and Analysis

0

Taking everything into account, VRNA scores 0 out of 10 in our technical rating. VRNA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, VRNA is a bad performer in the overall market: 85% of all stocks are doing better.
VRNA is part of the Pharmaceuticals industry. There are 198 other stocks in this industry, of which 60% are performing better than VRNA.
In the last month VRNA has a been trading in the 15.16 - 17.25 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
VRNA 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 VRNA is lagging the market slightly.
Weekly and Daily overview Charts
VRNA Weekly chart
VRNA Daily chart
Setup Rating and Analysis

8

Although the technical rating is bad, VRNA does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 16.14. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 15.23, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for VRNA 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.
Support and Resistance Analysis

14.75

19.40

We found 2 important support areas.

  • A support zone ranging from 15.23 to 15.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @14.90 from a trend line in the weekly time frame.

When analyzing the resistance we notice 4 important areas.

  • A resistance zone ranging from 16.14 to 16.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 17.02 to 17.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @17.84 from a trend line in the weekly time frame.
  • Resistance @19.21 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.17
Mansfield-2.25
10 Day High16.57
10 Day Low15.16
20 Day High17.25
20 Day Low15.16
52 Week High23.81
52 Week Low11.83
Performance
1 Week-7.07%
2 Weeks-6.33%
1 Month-5.58%
3 Month-14.81%
6 Month15.11%
12 Month-27.26%
2 Year264.59%
3 Year121.51%
5 Year140%
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)-0.08
RSI(14)37.73
LBB15.16
UBB17.05
VRNA Daily chart

VERONA PHARMA PLC - ADR

NASDAQ:VRNA (4/24/2024, 7:00:03 PM)

After market: 16.14 +0.9 (+5.91%)

15.24

-0.35 (-2.25%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-2.25%
1 Week-7.07%
2 Weeks-6.33%
1 Month-5.58%
3 Month-14.81%
6 Month15.11%
12 Month-27.26%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.62
ATR(20)%4.28%
ATR Inc
Range Today0.79
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 High16.57
10 Day Low15.16
20 Day High17.25
20 Day Low15.16
52 Week High23.81
52 Week Low11.83
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume316.40K
Volume Incr18.19%
Vol(5)468.64K
Vol(50)444.82K