Overall VRRM gets a technical rating of 1 out of 10. VRRM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
VRRM has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 21.68, a Stop Loss order could be placed below this zone.
More info and screens
20.64
2 important support areas can be observed.
- A support zone ranging from 21.46 to 21.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @20.85 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- Resistance @23.31 from a horizontal line in the daily time frame.
- A resistance zone ranging from 24.06 to 24.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 24.79 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 | NEUTRAL | NEUTRAL | The short term trend for VRRM is neutral. |
| ChartMill Relative Strength | 24.76 | NEGATIVE | VRRM has a low relative strength, it was outperformed by 75.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VRRM is above the rising 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) | UP | MIXED | The current price of VRRM is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.51 | 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) | 82.2 | OVERBOUGHT | The high Stochastics value suggests VRRM may be overbought. |
| Average True Range in percent/ATR (20) | 2.21 | MEDIUM VOLATILITY | The ATR as a percentage value for VRRM suggests some volalility. |
| Average Directional Index/ADX (14) | 22.88 | NEUTRAL | The ADX value for VRRM suggests a possible start of a new trend. |
22.12
+0.18 (+0.82%)
VERRA MOBILITY CORP / VRRM FAQ
Can you provide the ChartMill technical rating for VERRA MOBILITY CORP?
ChartMill assigns a technical rating of 1 / 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 51.5085. 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 neutral.
Can you provide the support and resistance levels for VERRA MOBILITY CORP?
VERRA MOBILITY CORP (VRRM) has a support level at 21.68 and a resistance level at 23.31. Check the full technical report for our detailed analysis of VRRM support and resistance levels.