VERISIGN INC (VRSN) Stock Technical Analysis
NASDAQ:VRSN - Nasdaq - US92343E1029 - Common Stock - Currency: USD
Overall VRSN gets a technical rating of 10 out of 10. 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.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, VRSN did better than 94% 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 87% of 82 stocks in the same industry.
VRSN is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so VRSN is leading the market.
VRSN is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Besides having an excellent technical rating, VRSN also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 280.83, a Stop Loss order could be placed below this zone.
More info and screens
172.99
290.26
We found 5 important support areas.
- A support zone ranging from 275.94 to 280.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @252.63 from a trend line in the daily time frame.
- Support @233.56 from a horizontal line in the daily time frame.
- A support zone ranging from 184.51 to 186.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @174.74 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 281.40 to 287.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.74
Mansfield3.01
10 Day High288.95
10 Day Low274.28
20 Day High288.95
20 Day Low248.65
52 Week High288.95
52 Week Low168.79
Performance
1 Week1.77%
2 Weeks-0.84%
1 Month13.21%
3 Month21.12%
6 Month55.36%
12 Month64.07%
2 Year25.76%
3 Year60.89%
5 Year28.23%
10 Year344.44%
15 Year906.23%
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)
Technical Indicators
MACD(12,26,9)-1.11
RSI(14)61.93
LBB275.65
UBB288.01
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 |
|---|---|---|---|
| 287.40 | 275.93 | 11.47 (3.99%) | 25.00% |
| An entry @287.40. This is a Buy Stop order right above the resistance zone. | An exit @275.93. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 11.47 points, which is 3.99%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
280.84
-1.65 (-0.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg-0.58%
1 Week1.77%
2 Weeks-0.84%
1 Month13.21%
3 Month21.12%
6 Month55.36%
12 Month64.07%
2 Year25.76%
3 Year60.89%
5 Year28.23%
10 Year344.44%
15 Year906.23%
Volatility
ATR(14)4.88
ATR(20)%2.2%
ATR Inc-32.04%
Range Today4.64
ADR(20)6.08
ADR(20)%2.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.74
Mansfield3.01
10 Day High288.95
10 Day Low274.28
20 Day High288.95
20 Day Low248.65
52 Week High288.95
52 Week Low168.79
CS1 End280.83
CR1 Start281.4
Volume & EV
DER(3)1.36%
DER(5)0.71%
Volume888.10K
Volume Incr-30.13%
Vol(5)726.00K
Vol(50)962.74K