VERIFYME INC (VRME)
US92346X2062 - Common Stock
We assign a technical rating of 8 out of 10 to VRME. VRME 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.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
VRME is part of the Electronic Equipment, Instruments & Components industry. There are 126 other stocks in this industry. VRME outperforms 70% of them.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
VRME has an average volume of 2819320 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, VRME did better than 87% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
VRME is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so VRME is lagging the market.
In the last month VRME has a been trading in the 0.58 - 2.48 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although VRME has an excellent technical rating, it does not present a decent entry opportunity 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
1.58
1.78
2 important resistance areas can be observed.
- Resistance @1.66 from a trend line in the weekly time frame.
- A resistance zone ranging from 1.75 to 1.76. This zone is formed by a combination of multiple trend lines 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
CRS87.94
Mansfield1.44
10 Day High2.48
10 Day Low0.61
20 Day High2.48
20 Day Low0.58
52 Week High2.48
52 Week Low0.58
Performance
1 Week115.17%
2 Weeks153.97%
1 Month146.91%
3 Month18.52%
6 Month18.52%
12 Month45.19%
2 Year-12.57%
3 Year-48.72%
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)0.12
RSI(14)69.47
LBB0.12
UBB1.7
VERIFYME INC
NASDAQ:VRME (1/6/2025, 8:07:32 PM)
Premarket: 1.63 +0.03 (+1.87%)1.6
+0.25 (+18.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg18.52%
1 Week115.17%
2 Weeks153.97%
1 Month146.91%
3 Month18.52%
6 Month18.52%
12 Month45.19%
2 Year-12.57%
3 Year-48.72%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.29
ATR(20)%14.16%
ATR Inc62.05%
Range Today0.15
ADR(20)0.19
ADR(20)%11.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.94
Mansfield1.44
10 Day High2.48
10 Day Low0.61
20 Day High2.48
20 Day Low0.58
52 Week High2.48
52 Week Low0.58
CS1 EndN/A
CR1 Start1.66
Volume & EV
DER(3)-0.23%
DER(5)-4.04%
Volume3.52M
Volume Incr10138.85%
Vol(5)26.80M
Vol(50)2.82M