VRSK Technical Analysis - VERISK ANALYTICS INC

Technical Rating and Analysis

We assign a technical rating of 0 out of 10 to VRSK. VRSK scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.

83% of all other stocks performed better in the past year than VRSK.

VRSK is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.

In the last month VRSK has a been trading in the 239.83 - 263.67 range, which is quite wide. It is currently trading near the lows of this range.

Prices have been consolidating recently, but much resistance may still be present above.

VRSK has an average volume of 1167080 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

VRSK is an average performer in the Professional Services industry, it outperforms 54% of 82 stocks in the same industry.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

VERISK ANALYTICS INC / VRSK Weekly stock chart

VERISK ANALYTICS INC / VRSK Daily stock chart

Setup Rating and Analysis

Although the technical rating is bad, VRSK does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 243.05, a Stop Loss order could be placed below this zone.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

238.34

275.77

When analyzing the support we notice one important area.

A support zone ranging from 240.75 to 243.05. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 2 important resistance areas.

A resistance zone ranging from 246.53 to 252.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Resistance @273.04 from a horizontal line in the daily time frame.

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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 VRSK is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for VRSK is down.
ChartMill Relative Strength	17.26	NEGATIVE	VRSK has a low relative strength, it was outperformed by 82.74% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of VRSK is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of VRSK is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of VRSK is below a declining SMA(200).
Relative Strength Index/RSI (14)	36.24	NEUTRAL	The RSI value for VRSK is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.42	POSITIVE	The MACD value suggests VRSK has a positive trend.
Stochastics (14,3)	19.86	OVERSOLD	The low Stochastics value suggests VRSK may be oversold.
Average True Range in percent/ATR (20)	2.22	MEDIUM VOLATILITY	The ATR as a percentage value for VRSK suggests some volalility.
Average Directional Index/ADX (14)	34.65	POSITIVE	The high ADX value value for VRSK suggests a strong trend.