VERRA MOBILITY CORP (VRRM) Stock Technical Analysis
NASDAQ:VRRM - Nasdaq - US92511U1025 - Common Stock - Currency: USD
Overall VRRM gets a technical rating of 1 out of 10. In the last year, VRRM was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
75% of all other stocks performed better in the past year than VRRM.
In the last month VRRM has a been trading in the 22.86 - 25.57 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.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
VRRM is an average performer in the IT Services industry, it outperforms 53% of 82 stocks in the same industry.
VRRM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so VRRM is lagging the market.
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 support zone below the current price at 23.63, a Stop Loss order could be placed below this zone.
More info and screens
23.23
25.91
We found 1 important support area.
- A support zone ranging from 23.46 to 23.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 24.31 to 25.65. This zone is formed by a combination of multiple trend lines and important moving averages 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 VRRM is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for VRRM is down. |
| ChartMill Relative Strength | 25.58 | NEGATIVE | VRRM has a low relative strength, it was outperformed by 74.42% 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 | MIXED | The current price of VRRM is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.96 | NEUTRAL | The RSI value for VRRM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests VRRM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 54.48 | NEUTRAL | The Stochastics value for VRRM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.4 | MEDIUM VOLATILITY | The ATR as a percentage value for VRRM suggests some volalility. |
| Average Directional Index/ADX (14) | 20.07 | NEUTRAL | The ADX value for VRRM 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)
24.29
+0.17 (+0.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg0.7%
1 Week3.41%
2 Weeks-1.42%
1 Month-1.42%
3 Month2.4%
6 Month-7.75%
12 Month-10.53%
2 Year36.54%
3 Year52.38%
5 Year129.91%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.65
ATR(20)%2.4%
ATR Inc-44.61%
Range Today0.24
ADR(20)0.57
ADR(20)%2.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.58
Mansfield-0.95
10 Day High25.42
10 Day Low22.86
20 Day High25.57
20 Day Low22.86
52 Week High28.25
52 Week Low19.51
CS1 End23.63
CR1 Start24.31
Volume & EV
DER(3)-1.26%
DER(5)-1.3%
Volume720.60K
Volume Incr-17.4%
Vol(5)844.94K
Vol(50)985.47K