VARONIS SYSTEMS INC (VRNS) Stock Technical Analysis
USA - NASDAQ:VRNS - US9222801022 - Common Stock
Overall VRNS gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, VRNS is only an average performer.
VRNS has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 59.55. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 59.16, a Stop Loss order could be placed below this zone.
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54.87
2 important support areas can be observed.
- A support zone ranging from 57.02 to 59.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 55.42 to 56.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @59.99 from a horizontal line in the daily time frame.
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 | UP | POSITIVE | The long term trend for VRNS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VRNS is up. |
| ChartMill Relative Strength | 69.35 | NEUTRAL | VRNS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VRNS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VRNS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VRNS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.79 | NEUTRAL | The RSI value for VRNS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests VRNS has a positive trend. |
| Stochastics (14,3) | 53.66 | NEUTRAL | The Stochastics value for VRNS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.71 | MEDIUM VOLATILITY | The ATR as a percentage value for VRNS suggests some volalility. |
| Average Directional Index/ADX (14) | 17.5 | NEGATIVE | The low ADX value for VRNS suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 60.00 | 57.01 | 2.99 (4.98%) | 20.07% |
| An entry @60.00. This is a Buy Stop order right above the resistance zone. | An exit @57.01. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.99 points, which is 4.98%. | When investing 20.07% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:VRNS (10/3/2025, 10:35:40 AM)
59.56
+0.1 (+0.17%)