VERINT SYSTEMS INC (VRNT) Stock Technical Analysis
NASDAQ:VRNT - Nasdaq - US92343X1000 - Common Stock - Currency: USD
Taking everything into account, VRNT scores 5 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: 82% of all stocks are doing better.
VRNT is part of the Software industry. There are 282 other stocks in this industry, of which 62% are performing better than VRNT.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month VRNT has a been trading in the 19.57 - 22.68 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
VRNT has an average volume of 1782760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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.
Considerably lower volume is observed in the last couple of days.
VRNT has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 21.76. Right above this resistance zone may be a good entry point.
More info and screens
16.38
22.79
When analyzing the support we can see 4 important areas.
- Support @20.85 from a trend line in the daily time frame.
- A support zone ranging from 19.82 to 20.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 17.61 to 17.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @16.55 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 21.76 to 21.86. 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 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 | NEUTRAL | NEUTRAL | The long term trend for VRNT is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VRNT is up. |
| ChartMill Relative Strength | 18.82 | NEGATIVE | VRNT has a low relative strength, it was outperformed by 81.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of VRNT is below the rising 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) | 51.34 | NEUTRAL | The RSI value for VRNT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests VRNT has a negative trend. |
| Stochastics (14,3) | 45.41 | NEUTRAL | The Stochastics value for VRNT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.94 | MEDIUM VOLATILITY | The ATR as a percentage value for VRNT suggests some volalility. |
| Average Directional Index/ADX (14) | 22.87 | NEUTRAL | The ADX value for VRNT suggests a possible start of a new 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)
21.01
+0.14 (+0.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0.67%
1 Week3.91%
2 Weeks-3.89%
1 Month1.35%
3 Month17.57%
6 Month-18.19%
12 Month-35.01%
2 Year-35.13%
3 Year-56.67%
5 Year-11.65%
10 Year-21.21%
15 Year78.2%
Volatility
ATR(14)0.78
ATR(20)%3.94%
ATR Inc5.57%
Range Today0.41
ADR(20)0.79
ADR(20)%3.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.82
Mansfield-1.54
10 Day High22.29
10 Day Low20.03
20 Day High22.68
20 Day Low19.57
52 Week High34.8
52 Week Low14.15
CS1 End20.85
CR1 Start21.76
Volume & EV
DER(3)0.48%
DER(5)0.87%
Volume691.46K
Volume Incr-22.99%
Vol(5)898.35K
Vol(50)1.78M