VERRA MOBILITY CORP (VRRM) Technical Analysis
NASDAQ:VRRM • US92511U1025
Current stock price
VRRM Technical Rating and Analysis
Taking everything into account, VRRM scores 0 out of 10 in our technical rating. VRRM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, VRRM is a bad performer in the overall market: 92% of all stocks are doing better.
- VRRM is part of the IT Services industry. There are 88 other stocks in this industry, of which 66% are performing better than VRRM.
- VRRM is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so VRRM is lagging the market.
- VRRM is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- VRRM has an average volume of 1828130 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
VRRM Weekly and Daily overview Charts
VRRM Setup Rating and Analysis
Although the technical rating is bad, VRRM does present a nice setup opportunity. 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 14.53. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for VRRM 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
VRRM Support and Resistance Analysis
14.37
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 14.53 to 14.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 21.44 to 21.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @22.77 from a trend line in the weekly time frame.
- Resistance @23.19 from a horizontal line in the daily time frame.
VRRM Technical Indicator Signal Analysis
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 VRRM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for VRRM is down. |
| ChartMill Relative Strength | 8.54 | NEGATIVE | VRRM has a low relative strength, it was outperformed by 91.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VRRM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of VRRM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of VRRM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.52 | NEUTRAL | The RSI value for VRRM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests VRRM has a positive trend. |
| Stochastics (14,3) | 32.2 | NEUTRAL | The Stochastics value for VRRM is a neutral value. |
| Average True Range in percent/ATR (20) | 3.45 | MEDIUM VOLATILITY | The ATR as a percentage value for VRRM suggests some volalility. |
| Average Directional Index/ADX (14) | 68.2 | POSITIVE | The high ADX value value for VRRM suggests a strong trend. |
VRRM Chart- and CandleStick Pattern Analysis
VRRM Technicals: Chart, Performance Metrics, Trend & Indicators
14.52
+0.23 (+1.61%)
VERRA MOBILITY CORP / VRRM TA FAQ
Can you provide the ChartMill technical rating for VERRA MOBILITY CORP?
ChartMill assigns a technical rating of 0 / 10 to VRRM.
Can you provide the trend direction for VERRA MOBILITY CORP?
The current trend direction for VERRA MOBILITY CORP (VRRM) is Bearish.
What is the RSI signal for VERRA MOBILITY CORP (VRRM) stock?
VERRA MOBILITY CORP (VRRM) has an RSI value of 35.5156. This indicates that the stock is currently neutral.
What is the MACD signal for VERRA MOBILITY CORP (VRRM) stock?
The MACD indicator for VERRA MOBILITY CORP (VRRM) has a value of 0.137005, indicating a bearish trend.
What are the support and resistance levels for VERRA MOBILITY CORP (VRRM) stock?
VERRA MOBILITY CORP (VRRM) has a resistance level at 14.53. Check the full technical report for our detailed analysis of VRRM support and resistance levels.