VERISIGN INC (VRSN) Stock Technical Analysis
NASDAQ:VRSN - Nasdaq - US92343E1029 - Common Stock - Currency: USD
Taking everything into account, VRSN scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, VRSN has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, VRSN did better than 89% of all other stocks. We also observe that the gains produced by VRSN over the past year are nicely spread over this period.
VRSN is one of the better performing stocks in the IT Services industry, it outperforms 76% of 81 stocks in the same industry.
VRSN 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 VRSN has a been trading in the 270.26 - 290.38 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although VRSN has an excellent technical rating, the quality of the presented setup is not ideal 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
186.05
291.98
When analyzing the support we can see 2 important areas.
- A support zone ranging from 268.67 to 277.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @187.93 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 281.96 to 289.09. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for VRSN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VRSN is up. |
| ChartMill Relative Strength | 89.91 | POSITIVE | VRSN has a high relative strength, it outperformed 89.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of VRSN is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VRSN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VRSN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64 | NEUTRAL | The RSI value for VRSN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.47 | POSITIVE | The MACD value suggests VRSN has a positive trend. |
| Stochastics (14,3) | 91.64 | OVERBOUGHT | The high Stochastics value suggests VRSN may be overbought. |
| Average True Range in percent/ATR (20) | 1.68 | LOW VOLATILITY | The low ATR as a percentage value for VRSN suggests low volalility. |
| Average Directional Index/ADX (14) | 20.82 | NEUTRAL | The ADX value for VRSN suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
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 |
|---|---|---|---|
| 284.51 | 280.45 | 4.06 (1.43%) | 25.00% |
| An entry @284.51. This is a Buy Stop order right above the 10 day moving average. | An exit @280.45. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 4.06 points, which is 1.43%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.36%. |
- The distance between exit and entry is rather small compared to the average daily movement of VRSN. Please evaluate whether better entry and exit points can be found.
- 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.
NASDAQ:VRSN (7/2/2025, 3:03:51 PM)
280.17
-8.91 (-3.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg-3.08%
1 Week1.42%
2 Weeks2.85%
1 Month4.91%
3 Month20.35%
6 Month40.59%
12 Month63.51%
2 Year37.04%
3 Year52.82%
5 Year36.56%
10 Year307.5%
15 Year926.93%
Volatility
ATR(14)4.39
ATR(20)%1.68%
ATR Inc11.38%
Range Today10.24
ADR(20)4.84
ADR(20)%1.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.91
Mansfield2.3
10 Day High290.38
10 Day Low278.36
20 Day High290.38
20 Day Low270.26
52 Week High290.38
52 Week Low172.49
CS1 End287.38
CR1 Start287.69
Volume & EV
DER(3)-0.54%
DER(5)-0.64%
Volume548.48K
Volume Incr-7.37%
Vol(5)694.98K
Vol(50)858.74K