VERINT SYSTEMS INC (VRNT)

US92343X1000 - Common Stock

32.09  +0.17 (+0.53%)

After market: 32.09 0 (0%)

Technical Rating and Analysis

6

Overall VRNT gets a technical rating of 6 out of 10. Although VRNT is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.

75% of all other stocks performed better in the past year than VRNT.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month VRNT has a been trading in the 28.85 - 33.24 range, which is quite wide. It is currently trading near the high of this range.
VRNT is an average performer in the Software industry, it outperforms 43% of 277 stocks in the same industry.
VRNT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so VRNT is lagging the market.
Weekly and Daily overview Charts
VRNT Weekly chart
VRNT Daily chart
Setup Rating and Analysis

7

VRNT has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 31.16, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

28.77

36.97

2 important support areas can be observed.

  • A support zone ranging from 30.68 to 31.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 29.06 to 29.14. This zone is formed by a combination of multiple trend lines in multiple time frames.

3 important resistance areas can be observed.

  • Resistance @32.13 from a trend line in the weekly time frame.
  • A resistance zone ranging from 33.16 to 33.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @36.60 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.28
Mansfield-0.48
10 Day High33.24
10 Day Low30.8
20 Day High33.24
20 Day Low28.85
52 Week High40.28
52 Week Low18.41
Performance
1 Week3.95%
2 Weeks2.69%
1 Month10.12%
3 Month-0.19%
6 Month42.62%
12 Month-8.6%
2 Year-37.13%
3 Year-30.41%
5 Year13.09%
10 Year38.53%
15 YearN/A
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)0.15
RSI(14)55.9
LBB30.03
UBB32.93
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
32.1430.791.35 (4.20%)23.81%
An entry @32.14. This is a Buy Stop order right above the resistance zone.An exit @30.79. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 1.35 points, which is 4.20%.For a 1.00% total portfolio risk, you can invest 23.81% of your capital in this trade.

  • 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.
VRNT Daily chart

VERINT SYSTEMS INC

NASDAQ:VRNT (5/17/2024, 7:00:02 PM)

After market: 32.09 0 (0%)

32.09

+0.17 (+0.53%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0.53%
1 Week3.95%
2 Weeks2.69%
1 Month10.12%
3 Month-0.19%
6 Month42.62%
12 Month-8.6%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.87
ATR(20)%2.8%
ATR Inc
Range Today0.79
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High33.24
10 Day Low30.8
20 Day High33.24
20 Day Low28.85
52 Week High40.28
52 Week Low18.41
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume311.60K
Volume Incr-5.63%
Vol(5)460.78K
Vol(50)570.96K