Verano Hldgs Corp (VRNO.CA) Technical Analysis
CNSX:VRNO
Current stock price
VRNO.CA Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to VRNO. VRNO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- 100% of all other stocks performed better in the past year than VRNO.
- Warning: VRNO has an average volume of 0 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month VRNO has a been trading in the 20.65 - 31.05 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
VRNO.CA Weekly and Daily overview Charts
VRNO.CA Setup Rating and Analysis
Although the technical rating is bad, VRNO does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
VRNO.CA Support and Resistance Analysis
24.68
We found 1 important resistance area.
- Resistance @24.94 from a horizontal line in the daily time frame.
VRNO.CA Technical Indicator Signal Analysis
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 Short Term Trend Indicator | UP | POSITIVE | The short term trend for VRNO.CA is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | VRNO.CA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of VRNO.CA is above a declining SMA(20). |
| Relative Strength Index/RSI (14) | 49.47 | NEUTRAL | The RSI value for VRNO.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.45 | NEGATIVE | The MACD value suggests VRNO.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 64.85 | NEUTRAL | The Stochastics value for VRNO.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.44 | HIGH VOLATILITY | The high ATR as a percentage value for VRNO.CA suggests high volalility. |
VRNO.CA Chart- and CandleStick Pattern Analysis
VRNO.CA Technicals: Chart, Performance Metrics, Trend & Indicators
CNSX:VRNO (4/8/2021, 8:46:18 PM)
24.93
+0.59 (+2.42%)
Verano Hldgs Corp / VRNO.CA TA FAQ
Can you provide the ChartMill technical rating for Verano Hldgs Corp?
ChartMill assigns a technical rating of 0 / 10 to VRNO.CA.
What is the trend direction for VRNO stock?
The current trend direction for Verano Hldgs Corp (VRNO.CA) is Bearish.
What is the RSI signal for VRNO stock?
Verano Hldgs Corp (VRNO.CA) has an RSI value of 49.4672. This indicates that the stock is currently neutral.
Can you provide the short term momentum for Verano Hldgs Corp?
The short term momentum for Verano Hldgs Corp (VRNO.CA) is positive.
What are the support and resistance levels for Verano Hldgs Corp (VRNO.CA) stock?
Verano Hldgs Corp (VRNO.CA) has a resistance level at 24.94. Check the full technical report for our detailed analysis of VRNO.CA support and resistance levels.