VERITONE INC (VERI) Stock Technical Analysis
NASDAQ:VERI - Nasdaq - US92347M1009 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to VERI. VERI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
84% of all other stocks performed better in the past year than VERI.
VERI is part of the Software industry. There are 281 other stocks in this industry, of which 67% are performing better than VERI.
VERI is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month VERI has a been trading in the 1.86 - 2.73 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
VERI has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 2.28. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.06, a Stop Loss order could be placed below this zone.
More info and screens
2.01
3.46
We found 1 important support area.
- A support zone ranging from 2.03 to 2.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 2.28 to 2.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.22 from a trend line in the daily time frame.
- Resistance @3.43 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.43
Mansfield-2.15
10 Day High2.38
10 Day Low2.05
20 Day High2.73
20 Day Low1.86
52 Week High5.64
52 Week Low1.86
Performance
1 Week5.09%
2 Weeks0.89%
1 Month-17.15%
3 Month-23.83%
6 Month-34.58%
12 Month-35.33%
2 Year-52.31%
3 Year-79.04%
5 Year-55.84%
10 YearN/A
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)0.03
RSI(14)47.64
LBB2.05
UBB2.32
2.27
-0.01 (-0.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-0.44%
1 Week5.09%
2 Weeks0.89%
1 Month-17.15%
3 Month-23.83%
6 Month-34.58%
12 Month-35.33%
2 Year-52.31%
3 Year-79.04%
5 Year-55.84%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%9.17%
ATR Inc-33.81%
Range Today0.15
ADR(20)0.2
ADR(20)%8.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.43
Mansfield-2.15
10 Day High2.38
10 Day Low2.05
20 Day High2.73
20 Day Low1.86
52 Week High5.64
52 Week Low1.86
CS1 End2.06
CR1 Start2.28
Volume & EV
DER(3)-2.53%
DER(5)-0.84%
Volume503.70K
Volume Incr-24.83%
Vol(5)335.74K
Vol(50)507.60K