VERRA MOBILITY CORP (VRRM) Technical Analysis
NASDAQ:VRRM • US92511U1025
Current stock price
VRRM Technical Rating and Analysis
Overall VRRM gets a technical rating of 0 out of 10. 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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 89% of all other stocks performed better in the past year than VRRM.
- VRRM is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so VRRM is lagging the market.
- In the last month VRRM has a been trading in the 14.93 - 19.14 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- VRRM has an average volume of 1547090 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- VRRM is part of the IT Services industry. There are 87 other stocks in this industry, VRRM did better than 41% of them.
VRRM Weekly and Daily overview Charts
VRRM Setup Rating and Analysis
VRRM has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
VRRM Support and Resistance Analysis
14.80
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 16.74 to 17.04. 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 21.86 to 22.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 23.03 to 23.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @25.29 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 | 11.6 | NEGATIVE | VRRM has a low relative strength, it was outperformed by 88.4% 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) | 20.69 | OVERSOLD | The low RSI value suggests VRRM may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests VRRM has a negative trend. |
| Stochastics (14,3) | 1.79 | OVERSOLD | The low Stochastics value suggests VRRM may be oversold. |
| Average True Range in percent/ATR (20) | 4.49 | MEDIUM VOLATILITY | The ATR as a percentage value for VRRM suggests some volalility. |
| Average Directional Index/ADX (14) | 63.28 | 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
14.95
-0.21 (-1.39%)
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 VRRM stock?
VERRA MOBILITY CORP (VRRM) has an RSI value of 20.6879. This indicates that the stock is currently oversold.
What is the MACD signal for VRRM stock?
The MACD indicator for VERRA MOBILITY CORP (VRRM) has a value of -0.0876521, indicating a bearish trend.
What is the short term momentum for VERRA MOBILITY CORP (VRRM) stock?
The short term momentum for VERRA MOBILITY CORP (VRRM) is negative.