Overall VSTM gets a technical rating of 3 out of 10. Although VSTM 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.
The technical rating of VSTM is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
4.52
We found 3 important support areas.
- A support zone ranging from 7.53 to 7.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @5.18 from a trend line in the weekly time frame.
- Support @4.57 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @10.56 from a trend line in the weekly time frame.
- Resistance @10.77 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for VSTM is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for VSTM is down. |
| ChartMill Relative Strength | 90.71 | POSITIVE | VSTM has a high relative strength, it outperformed 90.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VSTM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of VSTM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VSTM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 33.17 | NEUTRAL | The RSI value for VSTM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.31 | NEGATIVE | The MACD value suggests VSTM has a negative trend. |
| Stochastics (14,3) | 4.08 | OVERSOLD | The low Stochastics value suggests VSTM may be oversold. |
| Average True Range in percent/ATR (20) | 7.99 | HIGH VOLATILITY | The high ATR as a percentage value for VSTM suggests high volalility. |
| Average Directional Index/ADX (14) | 18.34 | NEGATIVE | The low ADX value for VSTM suggests a weak or negative trend. |
7.75
-0.21 (-2.64%)
VERASTEM INC / VSTM FAQ
Can you provide the ChartMill technical rating for VERASTEM INC?
ChartMill assigns a technical rating of 3 / 10 to VSTM.
What is the current trend direction of VERASTEM INC (VSTM) stock?
The current trend direction for VERASTEM INC (VSTM) is Bearish.
What is the RSI signal for VSTM stock?
VERASTEM INC (VSTM) has an RSI value of 33.1713. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for VERASTEM INC?
VERASTEM INC (VSTM) has a support level at 7.55 and a resistance level at 10.56. Check the full technical report for our detailed analysis of VSTM support and resistance levels.