Overall VERO gets a technical rating of 7 out of 10. VERO has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Although VERO has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
7.92
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 | NEUTRAL | NEUTRAL | The long term trend for VERO is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for VERO is neutral. |
| ChartMill Relative Strength | 98.78 | POSITIVE | VERO has a high relative strength, it outperformed 98.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VERO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VERO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VERO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 93.26 | OVERBOUGHT | The high RSI value suggests VERO may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.41 | POSITIVE | The MACD value suggests VERO has a positive trend. |
| Stochastics (14,3) | 26.77 | NEUTRAL | The Stochastics value for VERO is a neutral value. |
| Average True Range in percent/ATR (20) | 8.62 | HIGH VOLATILITY | The high ATR as a percentage value for VERO suggests high volalility. |
| Average Directional Index/ADX (14) | 18.05 | NEGATIVE | The low ADX value for VERO suggests a weak or negative trend. |
8
+6.57 (+459.44%)
ChartMill assigns a technical rating of 7 / 10 to VERO.
The current trend direction for VENUS CONCEPT INC (VERO) is Bearish.
VENUS CONCEPT INC (VERO) has an RSI value of 93.2564. This indicates that the stock is currently overbought.
The MACD indicator for VENUS CONCEPT INC (VERO) has a value of 0.411408, indicating a bearish trend.