VEREN INC (VRN.CA) Stock Technical Analysis
TSX:VRN - Toronto Stock Exchange - CA92340V1076 - Common Stock - Currency: CAD
Taking everything into account, VRN scores 4 out of 10 in our technical rating. In the last year, VRN was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
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. 94% of 211 stocks in the same industry do better.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
VRN has an average volume of 5538220 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month VRN has a been trading in the 7.01 - 9.86 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
VRN has an average technical rating and also the quality of the setup is only medium at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
7.15
9.79
When analyzing the support we can see 4 important areas.
- A support zone ranging from 8.08 to 8.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.87 from a horizontal line in the weekly time frame.
- Support @7.52 from a trend line in the daily time frame.
- A support zone ranging from 7.22 to 7.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 9.52 to 9.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @9.69 from a horizontal line 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 High8.6
10 Day Low7.01
20 Day High9.86
20 Day Low7.01
52 Week HighN/A
52 Week LowN/A
Performance
1 Week5.09%
2 Weeks7.63%
1 Month-11.32%
3 Month11.61%
6 Month-0.59%
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)-0.03
RSI(14)50.9
LBB7.17
UBB9.24
TSX:VRN (4/22/2025, 7:00:00 PM)
8.46
+0.15 (+1.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.81%
1 Week5.09%
2 Weeks7.63%
1 Month-11.32%
3 Month11.61%
6 Month-0.59%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.59
ATR(20)%5.61%
ATR Inc-55.98%
Range Today0.2
ADR(20)0.41
ADR(20)%4.83%
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 High8.6
10 Day Low7.01
20 Day High9.86
20 Day Low7.01
52 Week HighN/A
52 Week LowN/A
CS1 End8.2
CR1 Start9.52
Volume & EV
DER(3)0.92%
DER(5)1.15%
Volume4.94M
Volume Incr-16.66%
Vol(5)3.62M
Vol(50)5.54M