VERSO CORP - A (VRS) Technical Analysis
NYSE:VRS
Current stock price
VRS Technical Rating and Analysis
Taking everything into account, VRS scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, VRS is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that VRS is one of the better performing stocks in the market, outperforming 95% of all stocks. On top of that, VRS also shows a nice and consistent pattern of rising prices.
- VRS is part of the Paper & Forest Products industry. There are 9 other stocks in this industry. VRS outperforms 100% of them.
- VRS is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month VRS has a been trading in a tight range between 26.56 and 27.01.
- Volume is considerably higher in the last couple of days.
VRS Weekly and Daily overview Charts
VRS Setup Rating and Analysis
VRS has an excellent technical rating and also presents a decent setup pattern. 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 27.02. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 26.94, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
VRS Support and Resistance Analysis
20.33
When analyzing the support we can see 6 important areas.
- A support zone ranging from 26.25 to 26.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @23.17 from a trend line in the weekly time frame.
- Support @21.93 from a trend line in the daily time frame.
- Support @21.34 from a trend line in the weekly time frame.
- Support @20.92 from a trend line in the daily time frame.
- Support @20.54 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 27.02 to 27.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
VRS 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 | UP | POSITIVE | The long term trend for VRS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VRS is up. |
| ChartMill Relative Strength | 95.99 | POSITIVE | VRS has a high relative strength, it outperformed 95.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VRS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VRS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VRS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.01 | NEUTRAL | The RSI value for VRS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests VRS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 92.8 | OVERBOUGHT | The high Stochastics value suggests VRS may be overbought. |
| Average True Range in percent/ATR (20) | 0.29 | LOW VOLATILITY | The low ATR as a percentage value for VRS suggests low volalility. |
VRS Chart- and CandleStick Pattern Analysis
VRS Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 27.06 | 26.87 | 0.19 (0.70%) | 25.00% |
| An entry @27.06. This is a Buy Stop order right above the resistance zone. | An exit @26.87. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.19 points, which is 0.70%. | For a 0.18% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
VRS Technicals: Chart, Performance Metrics, Trend & Indicators
26.99
+0.04 (+0.15%)
VERSO CORP - A / VRS TA FAQ
Can you provide the ChartMill technical rating for VERSO CORP - A?
ChartMill assigns a technical rating of 9 / 10 to VRS.
What is the trend direction for VRS stock?
The current trend direction for VERSO CORP - A (VRS) is Bullish.
Can you provide the RSI signal for VERSO CORP - A?
VERSO CORP - A (VRS) has an RSI value of 67.0106. This indicates that the stock is currently neutral.
What is the MACD signal for VRS stock?
The MACD indicator for VERSO CORP - A (VRS) has a value of -0.00155419, indicating a bearish trend.
Can you provide the support and resistance levels for VERSO CORP - A?
VERSO CORP - A (VRS) has a support level at 26.94 and a resistance level at 27.02. Check the full technical report for our detailed analysis of VRS support and resistance levels.