VERASTEM INC (VSTM) Stock Technical Analysis
NASDAQ:VSTM - US92337C2035 - Common Stock
9.25 USD
+0.02 (+0.22%)
9.17 USD
-0.08 (-0.86%)
Overall VSTM gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, VSTM is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, VSTM did better than 97% of all other stocks. We also observe that the gains produced by VSTM over the past year are nicely spread over this period.
VSTM is one of the better performing stocks in the Biotechnology industry, it outperforms 96% of 545 stocks in the same industry.
VSTM 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 VSTM has a been trading in the 5.43 - 9.43 range, which is quite wide. It is currently trading near the high of this range.
VSTM has an average volume of 2823220 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although VSTM has an excellent technical rating, it does not offer a high quality setup 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
6.40
9.39
We found 1 important support area.
- Support @6.46 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 9.26 to 9.30. 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 | UP | POSITIVE | The long term trend for VSTM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VSTM is up. |
| ChartMill Relative Strength | 97.99 | POSITIVE | VSTM has a high relative strength, it outperformed 97.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VSTM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VSTM is above the rising 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) | 73.31 | OVERBOUGHT | The high RSI value suggests VSTM may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests VSTM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 93.44 | OVERBOUGHT | The high Stochastics value suggests VSTM may be overbought. |
| Average True Range in percent/ATR (20) | 6.59 | HIGH VOLATILITY | The high ATR as a percentage value for VSTM suggests high volalility. |
| Average Directional Index/ADX (14) | 40.39 | POSITIVE | The high ADX value value for VSTM suggests a strong 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)
9.25
+0.02 (+0.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.22%
1 Week1.87%
2 Weeks12.53%
1 Month52.14%
3 Month23.01%
6 Month65.33%
12 Month270%
2 Year-5.23%
3 Year-33.55%
5 Year-38.82%
10 Year-87.34%
15 YearN/A
Volatility
ATR(14)0.61
ATR(20)%6.59%
ATR Inc-41.75%
Range Today0.36
ADR(20)0.61
ADR(20)%6.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.99
Mansfield5.51
10 Day High9.43
10 Day Low7.55
20 Day High9.43
20 Day Low5.43
52 Week High9.43
52 Week Low2.34
CS1 End6.46
CR1 Start9.26
Volume & EV
DER(3)4.81%
DER(5)0.28%
Volume1.46M
Volume Incr-24.98%
Vol(5)2.29M
Vol(50)2.82M