Question 1

What implications does the 10-day RSI indicator have for VRN?

Accepted Answer

The RSI Indicator demonstrates that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.

Question 2

What does the Stochastic Oscillator suggest about VRN's trend?

Accepted Answer

The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.

Question 3

How did VRN's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved below the 0 level on August 29, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on VRN as a result. In 77 of 96 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 80%.

Question 4

What does MACD indicator imply for VRN?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for VRN turned negative on September 03, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 43 similar instances when the indicator turned negative. In 33 of the 43 cases the stock turned lower in the days that followed. This puts the odds of success at 77%.

Question 5

What does a 3-day price advance indicate for VRN?

Accepted Answer

Following a +3.32% 3-day Advance, the price is estimated to grow further. Considering data from situations where VRN advanced for three days, in 252 of 328 cases, the price rose further within the following month. The odds of a continued upward trend are 77%.

Question 6

What does a 3-day decline signify for VRN's future price movement?

Accepted Answer

Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where VRN declined for three days, in 229 of 277 cases, the price declined further within the following month. The odds of a continued downward trend are 83%.

Question 7

What does VRN breaking above its upper Bollinger Band indicate?

Accepted Answer

VRN may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Question 8

How does the Aroon Indicator reflect on VRN's trend?

Accepted Answer

The Aroon Indicator for VRN entered a downward trend on August 14, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

VRN Stock Veren (VRN, $6.78) Moving Average Convergence Divergence (MACD) Histogram turned negative on September 3, 2024

VRN in -2.80% downward trend, falling for three consecutive days on September 05, 2024

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