Overall VRSN gets a technical rating of 4 out of 10. Although VRSN is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is only medium, VRSN does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 258.66. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 250.77, a Stop Loss order could be placed below this zone.
More info and screens
230.48
When analyzing the support we can see 3 important areas.
- A support zone ranging from 244.66 to 250.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @239.79 from a horizontal line in the weekly time frame.
- A support zone ranging from 232.81 to 233.56. This zone is formed by a combination of multiple trend lines in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 258.66 to 265.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 283.14 to 289.38. 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 VRSN is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for VRSN is neutral. |
| ChartMill Relative Strength | 80.05 | POSITIVE | VRSN has a high relative strength, it outperformed 80.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VRSN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of VRSN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of VRSN is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.27 | NEUTRAL | The RSI value for VRSN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.68 | POSITIVE | The MACD value suggests VRSN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.48 | NEUTRAL | The Stochastics value for VRSN is a neutral value. |
| Average True Range in percent/ATR (20) | 2.49 | MEDIUM VOLATILITY | The ATR as a percentage value for VRSN suggests some volalility. |
| Average Directional Index/ADX (14) | 29.52 | POSITIVE | The high ADX value value for VRSN suggests a strong trend. |
252.67
-3.01 (-1.18%)
VERISIGN INC / VRSN FAQ
Can you provide the ChartMill technical rating for VERISIGN INC?
ChartMill assigns a technical rating of 4 / 10 to VRSN.
Can you provide the trend direction for VERISIGN INC?
The current trend direction for VERISIGN INC (VRSN) is Bearish.
What is the RSI signal for VERISIGN INC (VRSN) stock?
VERISIGN INC (VRSN) has an RSI value of 51.2736. This indicates that the stock is currently neutral.
Can you provide the short term momentum for VERISIGN INC?
The short term momentum for VERISIGN INC (VRSN) is neutral.
Can you provide the support and resistance levels for VERISIGN INC?
VERISIGN INC (VRSN) has a support level at 250.77 and a resistance level at 258.66. Check the full technical report for our detailed analysis of VRSN support and resistance levels.