The Greedy Trader Weekly Analysis
Sign In May 9, 2025
Skip Navigation Links
Share
Number of records: 2
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Uptrend Exhaustion

Uptrend Exhaustion stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Stock market alert is a warning signal. Uptrend Exhaustion alert indicates that long term uptrend is exhausted and probability of long term trend reversal is high. Uptrend exhaustion stock market alert presents relatively low to medium risk - high reword stock pick for overvalued stocks.

The strategy is based on selling (or taking a short) position on anticipation of uptrend reversal.

Uptrend Exhaustion

Archive
- 5/2/2025 -
Sign In to see current Signals.

VeriSign Inc. (VRSN) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Broken uptrend resistance line - uptrend exhaustionRelative Strength Index is overboughtWilliams' Percentage Range is strongly overboughtRelative Strength Index, Lane's Stochastic and MACD bearish divergenceBroken trend resistance line
Daily :Relative Strength Index is overboughtWilliams' Percentage Range and Lane's Stochastic are strongly overboughtThe Bollinger Bands are historically far apart
Move cursor over the icon to see details.

It was a second consecutive positive week for the VeriSign Inc. (VRSN). During the week, the VRSN gained 11.29 points, or 4.14%, and closed at 284.09 on Friday, May 2, 2025. Weekly volume was 57% 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 (173.31) 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 uptrend had started on May 2, 2024 at 167.05 and reached 284.42 on May 2, 2025. VRSN gained -117.37 points, or -70.26%, in 52 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (184.88) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Relative Strength Index or strongly overbought weekly Williams' Percentage Range. Weekly Relative Strength Index, Lane's Stochastic and MACD have bearish divergence. Use the following links to access the Relative Strength Index, Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with weekly Relative Strength Index, Lane's Stochastic and MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. 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. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current medium-term uptrend is strong. 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 April 9, 2025 at 229.30 and reached 284.42 on May 2, 2025. VRSN gained -55.12 points, or -24.04%, in 23 days. Price is near the trend high.

Daily Technical Indicators: [See VRSN daily technical indicators chart]
Daily Relative Strength Index is overbought while Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Relative Strength Index or strongly overbought daily Williams' Percentage Range and Lane's Stochastic.

The daily MACD line is above its signal line since April 23, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current short-term uptrend is strong.

The distance between the Bollinger Bands (22.98%) is close to one year high (16.44%). It is 172.00% higher then one year average. It indicates the period of high volatility of the stock price, and it is considered a sell signal for the option traders. 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 80.28
Overbought
Williams' Percentage Range (W%R) 6.90
Strong Overbought
Lane's Stochastic (%D-Slow) 95.27
Strong Overbought
Greed/Fear Indicator (GFI) 89.56
Overbought
Moving Average Converg./Diverg. (MACD) 6.64
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 86.60
Overbought Bearish
Williams' Percentage Range (W%R) 4.00
Strong Overbought
Lane's Stochastic (%D-Slow) 77.36
Bearish
Greed/Fear Indicator (GFI) 80.50
Overbought
Moving Average Converg./Diverg. (MACD) 14.22 Bearish
Trading Signals
Description Value Chart
Upper Bollinger Band 293.33
Price 284.09
Daily Stochastic Crossing 283.13
Monthly Trendline Resistance 273.10
Weekly Stochastic Crossing 269.75
Parabolic System 262.65
20 Day Moving Average 255.07
50 Day Moving Average 247.34
Monthly Trendline Support 238.84
Lower Bollinger Band 228.04
Sector and Industry
Description Name Rank
Sector Information Technology 4
Industry Internet Services & Infrastructure 98
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 239.40
Low Date 04/21/2025
High 284.42
High Date 05/02/2025
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 229.30
Low Date 04/09/2025
High 284.42
High Date 05/02/2025
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Broken Resistance
Resistance 273.10
Support 238.84
Low 175.60
Low Date 11/01/2024
High 284.42
High Date 05/02/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 200.87
Support 184.88
Low 167.05
Low Date 05/02/2024
High 284.42
High Date 05/02/2025
Description Value
Direction Down
Chart Pattern Symmetric Triangle
Status Broken Resistance
Resistance 191.53
Support 173.31
High 257.03
High Date 12/30/2021
Low 155.28
Low Date 06/17/2022
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.