VERISK ANALYTICS INC (VRSK) Technical Analysis
NASDAQ:VRSK • US92345Y1064
Overall VRSK gets a technical rating of 2 out of 10. In the past year, VRSK was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- When comparing the yearly performance of all stocks, VRSK is a bad performer in the overall market: 82% of all stocks are doing better.
- VRSK is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so VRSK is lagging the market.
- In the last month VRSK has a been trading in the 164.60 - 216.65 range, which is quite wide. It is currently trading near the high of this range.
- VRSK has an average volume of 1995430 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
- VRSK is an average performer in the Professional Services industry, it outperforms 59% of 88 stocks in the same industry.
The technical rating of VRSK is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
202.95
When analyzing the support we notice one important area.
- A support zone ranging from 205.00 to 211.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 224.87 to 224.88. 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 VRSK is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VRSK is up. |
| ChartMill Relative Strength | 18.35 | NEGATIVE | VRSK has a low relative strength, it was outperformed by 81.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VRSK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of VRSK is above 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) | 63.24 | NEUTRAL | The RSI value for VRSK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 4.35 | POSITIVE | The MACD value suggests VRSK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 93.51 | OVERBOUGHT | The high Stochastics value suggests VRSK may be overbought. |
| Average True Range in percent/ATR (20) | 3.85 | MEDIUM VOLATILITY | The ATR as a percentage value for VRSK suggests some volalility. |
| Average Directional Index/ADX (14) | 32.3 | POSITIVE | The high ADX value value for VRSK suggests a strong trend. |
VRSK Technicals: Chart, Performance Metrics, Trend & Indicators
214.84
+3.62 (+1.71%)
VERISK ANALYTICS INC / VRSK FAQ
What is the technical rating for VRSK stock?
ChartMill assigns a technical rating of 2 / 10 to VRSK.
What is the current trend direction of VERISK ANALYTICS INC (VRSK) stock?
The current trend direction for VERISK ANALYTICS INC (VRSK) is Bearish.
What is the RSI signal for VRSK stock?
VERISK ANALYTICS INC (VRSK) has an RSI value of 63.2416. This indicates that the stock is currently neutral.
What is the short term momentum for VRSK stock?
The short term momentum for VERISK ANALYTICS INC (VRSK) is positive.
What is the support and resistance level for VRSK stock?
VERISK ANALYTICS INC (VRSK) has a support level at 211.21 and a resistance level at 224.87. Check the full technical report for our detailed analysis of VRSK support and resistance levels.