|
Archive - 3/21/2025 - Sign In to see current Signals. |
VeriSign Inc. (VRSN) Technical Analysis
|
 |
| Summary:
| | Weekly :    | | Daily :   Move cursor over the icon to see details.
| | It was a first positive week for the VeriSign Inc. (VRSN). During the week, the VRSN gained 6.10 points, or 2.56%, and closed at 244.50 on Friday, March 21, 2025. Weekly volume was 35% above average. VRSN is a member of Information Technology Sector. Information Technology is the most oversold sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See VRSN long-term trend chart] A long-term downtrend had started on December 30, 2021 at 257.03 and reached 155.28 on June 17, 2022. VRSN lost 101.75 points, or 39.59%, in 24 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (172.58) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. VRSN may retest the broken resistance line. It is considered to be a support line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
Medium-term trend: [See VRSN medium-term trend chart] A medium-term downtrend had started on May 22, 2023 at 229.72 and reached 167.05 on May 2, 2024. VRSN lost 62.67 points, or 27.28%, in 49 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The downtrend resistance line (130.12) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. VRSN may retest the broken resistance line. It is considered to be a support line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.
Weekly Technical Indicators: [See VRSN weekly technical indicators chart] Weekly Relative Strength Index, Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Relative Strength Index, Williams' Percentage Range and Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic, Relative Strength Index and Williams' Percentage Range help. The weekly MACD line is above its signal line since June 14, 2024. The distance between MACD and the signal line is relatively high, but getting smaller. Use the following link to access a MACD help.
Short-term trend: [See VRSN short-term trend chart] A short-term uptrend had started on November 1, 2024 at 175.60 and reached 245.70 on March 21, 2025. VRSN gained -70.10 points, or -39.92%, in 140 days. The chart has formed a Rising Channel chart pattern. The trend support level is at 235.49 and resistance is at 252.36. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a short-term trend.
Daily Technical Indicators: [See VRSN daily technical indicators chart] Daily Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic. The daily MACD line is below its signal line since March 5, 2025. The distance between MACD and the signal line is low and getting smaller. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. The price has closed on Friday above the upper Bollinger Band. It is considered a bullish signal. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
| |
|
|