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Uptrend ExhaustionArchive - 2/14/2025 - Sign In to see current Signals. |
VeriSign Inc. (VRSN) Technical Analysis
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| Summary:
| | Weekly :   | | Daily : Move cursor over the icon to see details.
| | It was a twelfth consecutive positive week for the VeriSign Inc. (VRSN). During the week, the VRSN gained 7.80 points, or 3.52%, and closed at 229.20 on Friday, February 14, 2025. It was the best weekly gain since September 27, 2024. Weekly volume was 17% above average.
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 (171.98) 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 (134.13) 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 near its high and getting bigger. 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 230.30 on February 13, 2025. VRSN gained -54.70 points, or -31.15%, in 104 days. The chart has formed a Rising Channel chart pattern. The trend support level is at 216.34 and resistance is at 232.77. 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 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 daily overbought Relative Strength Index, Williams' Percentage Range and Lane's Stochastic. The daily MACD line is above its signal line since January 31, 2025. This is an indication that the short-term trend is up.
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