VERASTEM INC (VSTM) Technical Analysis
NASDAQ:VSTM • US92337C2035
Current stock price
VSTM Technical Rating and Analysis
Taking everything into account, VSTM scores 3 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. VSTM was also a bad performer in the overall market in the last year.
- When comparing the yearly performance of all stocks, VSTM is a bad performer in the overall market: 83% of all stocks are doing better.
- VSTM is one of the lesser performing stocks in the Biotechnology industry. 64% of 516 stocks in the same industry do better.
- In the last month VSTM has a been trading in the 4.79 - 6.79 range, which is quite wide. It is currently trading near the high of this range.
- VSTM has an average volume of 1947390 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
- VSTM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so VSTM is lagging the market.
VSTM Weekly and Daily overview Charts
VSTM Setup Rating and Analysis
VSTM has a poor technical rating and the quality of the setup is also only medium 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
VSTM Support and Resistance Analysis
4.83
4 important support areas can be observed.
- A support zone ranging from 5.63 to 5.80. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @5.30 from a horizontal line in the daily time frame.
- Support @5.17 from a trend line in the weekly time frame.
- Support @4.88 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 6.59 to 6.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | UP | POSITIVE | The short term trend for VSTM is up. |
| ChartMill Relative Strength | 17.94 | NEGATIVE | VSTM has a low relative strength, it was outperformed by 82.06% 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) | DOWN | MIXED | The current price of VSTM is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of VSTM is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.58 | NEUTRAL | The RSI value for VSTM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests VSTM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.96 | NEUTRAL | The Stochastics value for VSTM is a neutral value. |
| Average True Range in percent/ATR (20) | 6.94 | HIGH VOLATILITY | The high ATR as a percentage value for VSTM suggests high volalility. |
| Average Directional Index/ADX (14) | 21.65 | 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
6.05
-0.47 (-7.21%)
VERASTEM INC / VSTM TA FAQ
Can you provide the ChartMill technical rating for VERASTEM INC?
ChartMill assigns a technical rating of 3 / 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 53.5835. 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 0.121188, indicating a bearish trend.
What is the buy/sell signal for VERASTEM INC (VSTM) stock?
The buy/sell signal for VERASTEM INC (VSTM) is hold as the short term and long term trends are mixed.