VERITONE INC (VERI)
US92347M1009 - Common Stock
We assign a technical rating of 1 out of 10 to VERI. VERI has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
VERI is one of the lesser performing stocks in the Software industry. 60% of 279 stocks in the same industry do better.
VERI is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month VERI has a been trading in the 2.62 - 4.15 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When compared to the yearly performance of all other stocks, VERI outperforms 45% of them, which is more or less in line with the market.
VERI has a poor technical rating and the quality of the setup is also not perfect 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
2.64
5.24
When analyzing the support we notice one important area.
- A support zone ranging from 2.67 to 2.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- Resistance @3.42 from a trend line in the daily time frame.
- Resistance @3.84 from a trend line in the weekly time frame.
- Resistance @4.07 from a trend line in the daily time frame.
- Resistance @5.19 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.44
Mansfield-1.84
10 Day High3.8
10 Day Low2.62
20 Day High4.15
20 Day Low2.62
52 Week High7.76
52 Week Low1.48
Performance
1 Week-10.62%
2 Weeks-25.27%
1 Month-19.56%
3 Month-17.12%
6 Month-10.91%
12 Month24.89%
2 Year-59.42%
3 Year-89.33%
5 Year-9.44%
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)-0.06
RSI(14)38.53
LBB2.51
UBB3.8
VERITONE INC
NASDAQ:VERI (11/21/2024, 8:00:02 PM)
After market: 2.74 +0.01 (+0.18%)2.735
+0.06 (+2.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg2.43%
1 Week-10.62%
2 Weeks-25.27%
1 Month-19.56%
3 Month-17.12%
6 Month-10.91%
12 Month24.89%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.31
ATR(20)%11.49%
ATR Inc
Range Today0.12
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 High3.8
10 Day Low2.62
20 Day High4.15
20 Day Low2.62
52 Week High7.76
52 Week Low1.48
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume518.80K
Volume Incr-37.01%
Vol(5)555.24K
Vol(50)815.09K