VARONIS SYSTEMS INC (VRNS) Stock Technical Analysis
NASDAQ:VRNS - Nasdaq - US9222801022 - Common Stock - Currency: USD
Taking everything into account, VRNS scores 8 out of 10 in our technical rating. Although VRNS is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
VRNS is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so VRNS is lagging the market slightly.
In the last month VRNS has a been trading in the 49.18 - 58.41 range, which is quite wide. It is currently trading near the high of this range.
VRNS has an average volume of 1493910 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, VRNS did better than 72% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
VRNS is part of the Software industry. There are 282 other stocks in this industry, VRNS did better than 64% of them.
Volume is considerably higher in the last couple of days.
Although VRNS has an excellent technical rating, it does not offer a high quality setup 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.
More info and screens
48.48
60.59
We found 2 important support areas.
- A support zone ranging from 52.56 to 52.77. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 48.97 to 49.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 58.78 to 59.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 72.57 | POSITIVE | VRNS has a high relative strength, it outperformed 72.57% off all stocks 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) | DOWN | MIXED | The current price of VRNS is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 66.23 | NEUTRAL | The RSI value for VRNS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.32 | POSITIVE | The MACD value suggests VRNS has a positive trend. |
| Stochastics (14,3) | 68.68 | NEUTRAL | The Stochastics value for VRNS is a neutral value. |
| Average True Range in percent/ATR (20) | 3.24 | MEDIUM VOLATILITY | The ATR as a percentage value for VRNS suggests some volalility. |
| Average Directional Index/ADX (14) | 29.96 | POSITIVE | The high ADX value value for VRNS suggests a strong trend. |
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)
NASDAQ:VRNS (8/5/2025, 11:15:39 AM)
55.79
-0.69 (-1.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-1.22%
1 Week3.8%
2 Weeks8.34%
1 Month10.53%
3 Month24.68%
6 Month39.15%
12 Month3.12%
2 Year76.89%
3 Year106.51%
5 Year37.17%
10 Year755.76%
15 YearN/A
Volatility
ATR(14)1.84
ATR(20)%3.24%
ATR Inc17.29%
Range Today1.24
ADR(20)1.79
ADR(20)%3.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.57
Mansfield0.77
10 Day High58.41
10 Day Low51
20 Day High58.41
20 Day Low49.18
52 Week High60.58
52 Week Low36.53
CS1 End52.77
CR1 Start58.78
Volume & EV
DER(3)2.55%
DER(5)0.69%
Volume223.37K
Volume Incr53.16%
Vol(5)2.38M
Vol(50)1.49M