Overall VERO gets a technical rating of 0 out of 10. VERO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 95% of all other stocks performed better in the past year than VERO.
- VERO is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 77% of 186 stocks in the same industry do better.
- VERO is currently trading near the lower end of its 52 week range, which is not a good sign. VERO is lagging the S&P500 Index which is trading in the middle of its 52 week range.
- In the last month VERO has a been trading in the 1.16 - 12.93 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.
- VERO has an average volume of 8254820 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
VERO has a poor technical rating and the quality of the setup is also not perfect at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
1.39
We found 1 important resistance area.
- Resistance @2.20 from a horizontal line in the daily time frame.
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 VERO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for VERO is down. |
| ChartMill Relative Strength | 5.8 | NEGATIVE | VERO has a low relative strength, it was outperformed by 94.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VERO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of VERO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of VERO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.58 | NEUTRAL | The RSI value for VERO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests VERO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 1.13 | OVERSOLD | The low Stochastics value suggests VERO may be oversold. |
| Average True Range in percent/ATR (20) | 75.75 | HIGH VOLATILITY | The high ATR as a percentage value for VERO suggests high volalility. |
| Average Directional Index/ADX (14) | 29.27 | POSITIVE | The high ADX value value for VERO suggests a strong trend. |
1.4
+0.13 (+10.24%)
VENUS CONCEPT INC / VERO FAQ
What is the ChartMill technical rating of VENUS CONCEPT INC (VERO) stock?
ChartMill assigns a technical rating of 0 / 10 to VERO.
What is the current trend direction of VENUS CONCEPT INC (VERO) stock?
The current trend direction for VENUS CONCEPT INC (VERO) is Bearish.
Can you provide the RSI signal for VENUS CONCEPT INC?
VENUS CONCEPT INC (VERO) has an RSI value of 46.582. This indicates that the stock is currently neutral.
What is the MACD signal for VERO stock?
The MACD indicator for VENUS CONCEPT INC (VERO) has a value of -0.147517, indicating a bearish trend.
What is the buy/sell signal for VENUS CONCEPT INC (VERO) stock?
The buy/sell signal for VENUS CONCEPT INC (VERO) is sell as both the short term and long term trends are negative.