VERISIGN INC (VRSN) Stock Technical Analysis
NASDAQ:VRSN - Nasdaq - US92343E1029 - Common Stock - Currency: USD
Overall VRSN gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, VRSN is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
VRSN is part of the IT Services industry. There are 81 other stocks in this industry. VRSN outperforms 83% of them.
VRSN is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
In the last month VRSN has a been trading in the 216.43 - 242.23 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that VRSN is one of the better performing stocks in the market, outperforming 92% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
VRSN has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. 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
172.44
243.35
When analyzing the support we can see 5 important areas.
- Support @225.73 from a trend line in the daily time frame.
- Support @206.64 from a horizontal line in the daily time frame.
- A support zone ranging from 182.20 to 182.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @179.27 from a horizontal line in the daily time frame.
- A support zone ranging from 174.18 to 175.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 240.48 to 240.94. 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
CRS92.48
Mansfield2.32
10 Day High242.23
10 Day Low231.25
20 Day High242.23
20 Day Low216.43
52 Week High242.23
52 Week Low167.05
Performance
1 Week1.09%
2 Weeks3.71%
1 Month9.22%
3 Month25.81%
6 Month32.24%
12 Month25.89%
2 Year13.79%
3 Year8.1%
5 Year33.53%
10 Year259.07%
15 Year824.17%
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)-0.14
RSI(14)71.14
LBB229.6
UBB243.06
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 |
|---|---|---|---|
| 240.95 | 231.24 | 9.71 (4.03%) | 24.82% |
| An entry @240.95. This is a Buy Stop order right above the resistance zone. | An exit @231.24. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 9.71 points, which is 4.03%. | For a 1.00% total portfolio risk, you can invest 24.82% 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.
240.47
+0.53 (+0.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg0.22%
1 Week1.09%
2 Weeks3.71%
1 Month9.22%
3 Month25.81%
6 Month32.24%
12 Month25.89%
2 Year13.79%
3 Year8.1%
5 Year33.53%
10 Year259.07%
15 Year824.17%
Volatility
ATR(14)4.34
ATR(20)%1.87%
ATR Inc14.39%
Range Today5.79
ADR(20)4.48
ADR(20)%1.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.48
Mansfield2.32
10 Day High242.23
10 Day Low231.25
20 Day High242.23
20 Day Low216.43
52 Week High242.23
52 Week Low167.05
CS1 End225.73
CR1 Start240.48
Volume & EV
DER(3)1.38%
DER(5)1.96%
Volume653.50K
Volume Incr-2.02%
Vol(5)863.80K
Vol(50)783.19K