VERSO CORP - A (VRS) Stock Technical Analysis
NYSE:VRS - New York Stock Exchange, Inc. - Common Stock
We assign a technical rating of 10 out of 10 to VRS. Both in the recent history as in the last year, VRS has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that VRS is one of the better performing stocks in the market, outperforming 95% of all stocks. On top of that, VRS also shows a nice and consistent pattern of rising prices.
VRS is part of the Paper & Forest Products industry. There are 9 other stocks in this industry. VRS outperforms 100% of them.
VRS is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month VRS has a been trading in a tight range between 26.56 and 27.01.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, VRS also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 27.02. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 26.94, a Stop Loss order could be placed below this zone. 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
20.33
27.32
When analyzing the support we can see 6 important areas.
- A support zone ranging from 26.25 to 26.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @23.17 from a trend line in the weekly time frame.
- Support @21.93 from a trend line in the daily time frame.
- Support @21.34 from a trend line in the weekly time frame.
- Support @20.92 from a trend line in the daily time frame.
- Support @20.54 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 27.02 to 27.05. 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
CRS95.99
Mansfield2.2
10 Day High27.01
10 Day Low26.88
20 Day High27.01
20 Day Low26.56
52 Week High27.29
52 Week Low14.51
Performance
1 Week0.22%
2 Weeks0.37%
1 Month1.62%
3 Month-0.11%
6 Month28.28%
12 Month82.86%
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
RSI(14)67.01
LBB26.84
UBB27.01
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 |
|---|---|---|---|
| 27.06 | 26.87 | 0.19 (0.70%) | 25.00% |
| An entry @27.06. This is a Buy Stop order right above the resistance zone. | An exit @26.87. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.19 points, which is 0.70%. | For a 0.18% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
26.99
+0.04 (+0.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryPaper & Forest Products
Performance
% Chg0.15%
1 Week0.22%
2 Weeks0.37%
1 Month1.62%
3 Month-0.11%
6 Month28.28%
12 Month82.86%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%0.29%
ATR Inc-36.36%
Range Today0.02
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.99
Mansfield2.2
10 Day High27.01
10 Day Low26.88
20 Day High27.01
20 Day Low26.56
52 Week High27.29
52 Week Low14.51
CS1 End26.94
CR1 Start27.02
Volume & EV
DER(3)-3.93%
DER(5)-2.35%
Volume1.39M
Volume Incr37.63%
Vol(5)565.14K
Vol(50)394.54K