VERIS RESIDENTIAL INC (VRE)
US5544891048 - REIT
Taking everything into account, VRE scores 5 out of 10 in our technical rating. In the last year, VRE was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
VRE is one of the lesser performing stocks in the Residential REITs industry. 63% of 20 stocks in the same industry do better.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
VRE is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so VRE is lagging the market slightly.
When compared to the yearly performance of all other stocks, VRE outperforms 56% of them, which is more or less in line with the market.
In the last month VRE has a been trading in the 16.96 - 18.85 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
VRE has an average technical rating and it also does not offer a high quality setup 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
15.08
18.77
When analyzing the support we can see 3 important areas.
- A support zone ranging from 16.51 to 16.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 16.09 to 16.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @15.23 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 18.13 to 18.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.29
Mansfield-0.27
10 Day High18.61
10 Day Low17.5
20 Day High18.85
20 Day Low16.96
52 Week High18.85
52 Week Low13.84
Performance
1 Week-2.75%
2 Weeks-3.5%
1 Month4.87%
3 Month3.58%
6 Month16.33%
12 Month18.04%
2 Year10.92%
3 Year-3.86%
5 YearN/A
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)-0.08
RSI(14)45.08
LBB17.77
UBB18.58
VERIS RESIDENTIAL INC
NYSE:VRE (12/4/2024, 8:17:44 PM)
After market: 17.67 0 (0%)17.67
-0.13 (-0.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryResidential REITs
Performance
% Chg-0.73%
1 Week-2.75%
2 Weeks-3.5%
1 Month4.87%
3 Month3.58%
6 Month16.33%
12 Month18.04%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.33
ATR(20)%2.19%
ATR Inc
Range Today0.32
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 High18.61
10 Day Low17.5
20 Day High18.85
20 Day Low16.96
52 Week High18.85
52 Week Low13.84
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume406.80K
Volume Incr-14.76%
Vol(5)440.62K
Vol(50)401.75K