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.
Although the technical rating is bad, VRRM does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 21.63. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 20.92, a Stop Loss order could be placed below this zone.
More info and screens
20.64
We found 1 important support area.
- A support zone ranging from 20.85 to 20.93. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 21.61 to 22.01. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 23.16 to 23.31. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 24.15 to 24.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 24.92 to 25.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @25.65 from a horizontal line 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 VRRM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for VRRM is down. |
| ChartMill Relative Strength | 20.93 | NEGATIVE | VRRM has a low relative strength, it was outperformed by 79.07% 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) | 34.56 | NEUTRAL | The RSI value for VRRM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests VRRM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 27.96 | NEUTRAL | The Stochastics value for VRRM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.88 | MEDIUM VOLATILITY | The ATR as a percentage value for VRRM suggests some volalility. |
| Average Directional Index/ADX (14) | 27.37 | POSITIVE | The high ADX value value for VRRM suggests a strong trend. |
21.1
-0.28 (-1.31%)
VERRA MOBILITY CORP / VRRM FAQ
Can you provide the ChartMill technical rating for VERRA MOBILITY CORP?
ChartMill assigns a technical rating of 0 / 10 to VRRM.
What is the current trend direction of VERRA MOBILITY CORP (VRRM) stock?
The current trend direction for VERRA MOBILITY CORP (VRRM) is Bearish.
What is the RSI signal for VRRM stock?
VERRA MOBILITY CORP (VRRM) has an RSI value of 34.5606. This indicates that the stock is currently neutral.
What is the short term momentum for VERRA MOBILITY CORP (VRRM) stock?
The short term momentum for VERRA MOBILITY CORP (VRRM) is negative.
Can you provide the support and resistance levels for VERRA MOBILITY CORP?
VERRA MOBILITY CORP (VRRM) has a support level at 20.92 and a resistance level at 21.63. Check the full technical report for our detailed analysis of VRRM support and resistance levels.