VERRA MOBILITY CORP (VRRM) Stock Technical Analysis
NASDAQ:VRRM - Nasdaq - US92511U1025 - Common Stock - Currency: USD
Overall VRRM gets a technical rating of 6 out of 10. VRRM was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
VRRM has an average volume of 1040950 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, VRRM did better than 81% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
VRRM is part of the IT Services industry. There are 82 other stocks in this industry, VRRM did better than 64% of them.
VRRM is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so VRRM is lagging the market slightly.
In the last month VRRM has a been trading in a tight range between 25.56 and 26.98.
Although the technical rating is only medium, VRRM does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
22.45
27.14
3 important support areas can be observed.
- Support @24.67 from a trend line in the weekly time frame.
- A support zone ranging from 23.49 to 23.63. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 22.68 to 23.12. 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 26.00 to 26.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 26.71 to 26.87. 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
CRS81.6
Mansfield-0.62
10 Day High26.89
10 Day Low25.56
20 Day High26.98
20 Day Low25.56
52 Week High31.03
52 Week Low21.29
Performance
1 Week-2.04%
2 Weeks-0.96%
1 Month-3.07%
3 Month9.51%
6 Month-6.16%
12 Month13.24%
2 Year50.38%
3 Year54.23%
5 Year71.08%
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)-0.1
RSI(14)49.75
LBB25.61
UBB26.64
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 26.23 | 25.55 | 0.68 (2.59%) | 25.00% |
| An entry @26.23. This is a Buy Stop order right above the resistance zone. | An exit @25.55. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.68 points, which is 2.59%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.65%. |
- The distance between exit and entry is rather small compared to the average daily movement of VRRM. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
25.91
-0.25 (-0.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg-0.96%
1 Week-2.04%
2 Weeks-0.96%
1 Month-3.07%
3 Month9.51%
6 Month-6.16%
12 Month13.24%
2 Year50.38%
3 Year54.23%
5 Year71.08%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.51
ATR(20)%2.15%
ATR Inc-9.13%
Range Today0.5
ADR(20)0.54
ADR(20)%2.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.6
Mansfield-0.62
10 Day High26.89
10 Day Low25.56
20 Day High26.98
20 Day Low25.56
52 Week High31.03
52 Week Low21.29
CS1 End24.67
CR1 Start26
Volume & EV
DER(3)-1.85%
DER(5)-1.98%
Volume1.11M
Volume Incr16.75%
Vol(5)1.19M
Vol(50)1.04M