|
|
Uptrend ExhaustionArchive
- 4/5/2024 -
Sign In to see current Signals. |
VeriSign Inc. (VRSN) Technical Analysis
|
 |
| Summary:
| | Weekly :  | | Daily :
Move cursor over the icon to see details.
| | It was the negative week for the VeriSign Inc. (VRSN). During the week, the VRSN gave back -1.69 points, or -0.89%, and closed at 187.82 on Friday, April 5, 2024. Weekly volume was 32% above average.
VRSN is a member of Information Technology Sector. Information Technology is the second most overbought sector. VRSN is a member of Internet Services & Infrastructure Industry. Internet Services & Infrastructure is the sixth most oversold industry. 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 uptrend had started on June 17, 2022 at 155.28 and reached 229.72 on May 22, 2023. VRSN gained -74.44 points, or -47.94%, in 48 weeks. The price is now at the 56.29% retracement level.
 Medium-term trend: [See VRSN medium-term trend chart]
A medium-term downtrend had started on December 14, 2023 at 220.91 and reached 185.19 on March 25, 2024. VRSN lost 35.72 points, or 16.17%, in 14 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (184.10) is broken. A broken support is considered to be a long-term bullish signal. 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 Lane's Stochastic is oversold while Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold weekly Lane's Stochastic or strongly oversold weekly Williams' Percentage Range. 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 and Williams' Percentage Range help.
The weekly MACD line is below its signal line since December 29, 2023. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.
Short-term trend: [See VRSN short-term trend chart]
A short-term downtrend had started on January 24, 2024 at 208.04 and reached 185.19 on March 25, 2024. VRSN lost 22.85 points, or 10.98%, in 61 days. The chart has formed a Falling Wedge chart pattern.
 Daily Technical Indicators: [See VRSN daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is above its signal line since March 27, 2024. The distance between MACD and the signal line is low, but getting bigger.
During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward 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.
| |
|
|