VERINT SYSTEMS INC (VRNT) Stock Technical Analysis
USA - NASDAQ:VRNT - US92343X1000 - Common Stock
Overall VRNT gets a technical rating of 2 out of 10. VRNT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
VRNT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 20.26. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 20.23, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for VRNT 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
18.61
When analyzing the support we can see 3 important areas.
- A support zone ranging from 20.21 to 20.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @19.21 from a trend line in the weekly time frame.
- Support @18.80 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 20.26 to 20.47. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @21.86 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 22.27 to 22.56. This zone is formed by a combination of multiple trend lines 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 | DOWN | NEGATIVE | The long term trend for VRNT is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for VRNT is neutral. |
| ChartMill Relative Strength | 25.35 | NEGATIVE | VRNT has a low relative strength, it was outperformed by 74.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VRNT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VRNT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of VRNT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.3 | NEUTRAL | The RSI value for VRNT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests VRNT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 57.14 | NEUTRAL | The Stochastics value for VRNT is a neutral value. |
| Average True Range in percent/ATR (20) | 0.21 | LOW VOLATILITY | The low ATR as a percentage value for VRNT suggests low volalility. |
| Average Directional Index/ADX (14) | 3.3 | NEGATIVE | The low ADX value for VRNT suggests a weak or negative trend. |
20.25
-0.04 (-0.2%)
VERINT SYSTEMS INC / VRNT FAQ
What is the technical rating for VRNT stock?
ChartMill assigns a technical rating of 2 / 10 to VRNT.
What is the trend direction for VRNT stock?
The current trend direction for VERINT SYSTEMS INC (VRNT) is Bearish.
Can you provide the RSI signal for VERINT SYSTEMS INC?
VERINT SYSTEMS INC (VRNT) has an RSI value of 48.3032. This indicates that the stock is currently neutral.
What is the MACD signal for VERINT SYSTEMS INC (VRNT) stock?
The MACD indicator for VERINT SYSTEMS INC (VRNT) has a value of 0.00199943, indicating a bearish trend.
What are the support and resistance levels for VERINT SYSTEMS INC (VRNT) stock?
VERINT SYSTEMS INC (VRNT) has a support level at 20.23 and a resistance level at 20.26. Check the full technical report for our detailed analysis of VRNT support and resistance levels.