VERASTEM INC (VSTM) Technical Analysis
NASDAQ:VSTM • US92337C2035
Current stock price
VSTM Technical Rating and Analysis
Overall VSTM gets a technical rating of 0 out of 10. VSTM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, VSTM is a bad performer in the overall market: 77% of all stocks are doing better.
- VSTM is part of the Biotechnology industry. There are 517 other stocks in this industry, of which 61% are performing better than VSTM.
- VSTM 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 VSTM is lagging the market.
- VSTM has an average volume of 1906820 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month VSTM has a been trading in the 4.79 - 6.79 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
VSTM Weekly and Daily overview Charts
VSTM Setup Rating and Analysis
VSTM has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for VSTM in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
VSTM Support and Resistance Analysis
4.78
2 important support areas can be observed.
- Support @5.03 from a horizontal line in the weekly time frame.
- A support zone ranging from 4.83 to 4.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- Resistance @5.78 from a trend line in the daily time frame.
- Resistance @6.09 from a trend line in the daily time frame.
- Resistance @6.40 from a horizontal line in the daily time frame.
- Resistance @10.30 from a trend line in the weekly time frame.
- A resistance zone ranging from 10.77 to 10.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
VSTM Technical Indicator Signal Analysis
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 VSTM is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for VSTM is neutral. |
| ChartMill Relative Strength | 23.08 | NEGATIVE | VSTM has a low relative strength, it was outperformed by 76.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of VSTM is above 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) | DOWN | NEGATIVE | The current price of VSTM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.99 | NEUTRAL | The RSI value for VSTM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests VSTM has a positive trend. |
| Stochastics (14,3) | 56.64 | NEUTRAL | The Stochastics value for VSTM is a neutral value. |
| Average True Range in percent/ATR (20) | 7.66 | HIGH VOLATILITY | The high ATR as a percentage value for VSTM suggests high volalility. |
| Average Directional Index/ADX (14) | 23.63 | NEUTRAL | The ADX value for VSTM suggests a possible start of a new trend. |
VSTM Chart- and CandleStick Pattern Analysis
VSTM Technicals: Chart, Performance Metrics, Trend & Indicators
5.63
+0.08 (+1.44%)
VERASTEM INC / VSTM TA FAQ
Can you provide the ChartMill technical rating for VERASTEM INC?
ChartMill assigns a technical rating of 0 / 10 to VSTM.
Can you provide the trend direction for VERASTEM INC?
The current trend direction for VERASTEM INC (VSTM) is Bearish.
What is the RSI signal for VERASTEM INC (VSTM) stock?
VERASTEM INC (VSTM) has an RSI value of 49.9854. This indicates that the stock is currently neutral.
What is the MACD signal for VSTM stock?
The MACD indicator for VERASTEM INC (VSTM) has a value of 0.0327121, indicating a bearish trend.