VERINT SYSTEMS INC (VRNT) Stock Technical Analysis
NASDAQ:VRNT - US92343X1000 - Common Stock
20.36 USD
-0.05 (-0.24%)
20.36 USD
0 (0%)
Taking everything into account, VRNT scores 3 out of 10 in our technical rating. In the past year, VRNT was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, VRNT is a bad performer in the overall market: 83% of all stocks are doing better.
VRNT is one of the lesser performing stocks in the Software industry. 62% of 280 stocks in the same industry do better.
VRNT has an average volume of 2259950 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
VRNT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so VRNT is lagging the market.
In the last month VRNT has a been trading in the 18.40 - 21.88 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
VRNT has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 20.55. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 20.32, a Stop Loss order could be placed below this zone.
More info and screens
17.96
22.79
5 important support areas can be observed.
- A support zone ranging from 20.05 to 20.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 19.35 to 19.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @18.80 from a horizontal line in the daily time frame.
- Support @18.46 from a trend line in the daily time frame.
- Support @18.14 from a trend line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 20.55 to 20.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @21.41 from a trend line in the weekly time frame.
- A resistance zone ranging from 21.86 to 21.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | UP | POSITIVE | The short term trend for VRNT is up. |
| ChartMill Relative Strength | 17.96 | NEGATIVE | VRNT has a low relative strength, it was outperformed by 82.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of VRNT is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of VRNT is below 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) | 51.06 | NEUTRAL | The RSI value for VRNT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests VRNT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.31 | OVERBOUGHT | The high Stochastics value suggests VRNT may be overbought. |
| Average True Range in percent/ATR (20) | 3.06 | MEDIUM VOLATILITY | The ATR as a percentage value for VRNT suggests some volalility. |
| Average Directional Index/ADX (14) | 11.06 | NEGATIVE | The low ADX value for VRNT suggests a weak or negative 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)
20.36
-0.05 (-0.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-0.24%
1 Week-0.1%
2 Weeks8.3%
1 Month-6.69%
3 Month6.65%
6 Month-8.33%
12 Month-22.32%
2 Year-11.44%
3 Year-39.37%
5 Year-15.48%
10 Year-5.63%
15 Year37.8%
Volatility
ATR(14)0.42
ATR(20)%3.06%
ATR Inc-87.17%
Range Today0.07
ADR(20)0.6
ADR(20)%2.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.96
Mansfield-1.55
10 Day High20.56
10 Day Low18.4
20 Day High21.88
20 Day Low18.4
52 Week High34.8
52 Week Low14.15
CS1 End20.32
CR1 Start20.55
Volume & EV
DER(3)-1.77%
DER(5)-0.71%
Volume2.23M
Volume Incr-8.77%
Vol(5)2.18M
Vol(50)2.26M