VEREN INC (VRN.CA) Stock Technical Analysis
TSX:VRN - Toronto Stock Exchange - CA92340V1076 - Common Stock - Currency: CAD
Overall VRN gets a technical rating of 1 out of 10. VRN'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.
When comparing the yearly performance of all stocks, VRN is a bad performer in the overall market: 100% of all stocks are doing better.
VRN is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 93% of 219 stocks in the same industry do better.
In the last month VRN has a been trading in the 6.78 - 7.98 range, which is quite wide. It is currently trading near the lows of this range.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
VRN has an average volume of 4133220 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
VRN has a poor technical rating and the quality of the setup is also only medium at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
6.84
8.17
When analyzing the support we notice one important area.
- Support @6.91 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 7.81 to 7.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 8.08 to 8.09. This zone is formed by a combination of multiple trend lines in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High7.98
10 Day Low6.78
20 Day High7.98
20 Day Low6.78
52 Week HighN/A
52 Week LowN/A
Performance
1 Week-10.86%
2 Weeks-0.84%
1 Month-3.29%
3 Month0.14%
6 Month-20.67%
12 MonthN/A
2 YearN/A
3 YearN/A
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)-0.02
RSI(14)44.77
LBB6.58
UBB7.86
TSX:VRN (3/7/2025, 7:00:00 PM)
7.06
+0.03 (+0.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.43%
1 Week-10.86%
2 Weeks-0.84%
1 Month-3.29%
3 Month0.14%
6 Month-20.67%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.37
ATR(20)%4.67%
ATR Inc-36.55%
Range Today0.23
ADR(20)0.31
ADR(20)%4.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High7.98
10 Day Low6.78
20 Day High7.98
20 Day Low6.78
52 Week HighN/A
52 Week LowN/A
CS1 End6.91
CR1 Start7.81
Volume & EV
DER(3)-1.74%
DER(5)-4.74%
Volume4.69M
Volume Incr40.94%
Vol(5)5.98M
Vol(50)4.13M