VERRA MOBILITY CORP (VRRM) Stock Technical Analysis
USA - NASDAQ:VRRM - US92511U1025 - Common Stock
Overall VRRM gets a technical rating of 0 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.
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 23.52. Right above this resistance zone may be a good entry point.
More info and screens
22.68
We found 1 important support area.
- A support zone ranging from 22.91 to 22.92. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 23.52 to 24.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 25.06 to 25.07. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 25.65 to 25.65. This zone is formed by a combination of multiple trend lines 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 | 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 | 34.06 | NEUTRAL | VRRM is not amongst the best or worst performers 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) | 44.54 | NEUTRAL | The RSI value for VRRM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests VRRM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 32.63 | NEUTRAL | The Stochastics value for VRRM is a neutral value. |
| Average True Range in percent/ATR (20) | 3.47 | MEDIUM VOLATILITY | The ATR as a percentage value for VRRM suggests some volalility. |
| Average Directional Index/ADX (14) | 11.81 | NEGATIVE | The low ADX value for VRRM suggests a weak or negative trend. |
23.19
+0.52 (+2.29%)
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 44.5384. 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 22.92 and a resistance level at 23.52. Check the full technical report for our detailed analysis of VRRM support and resistance levels.