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VRRM Stock Tickeron detected bullish Stock Pattern: Triangle Ascending VRRM on December 10, 2024, netting in a 4.64% gain over 1 month

A.I.dvisor
at Tickeron.com
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+4.64% Gain from a Successful pattern Triangle Ascending
VRRM - Verra Mobility Corp
Tickeron
Ticker: VRRM
Company: Verra Mobility
Gain: +4.64%
Confirmed: 12/10/24
Succeeded: 01/14/25
Total length: 40 days
On December 05, 2024, A.I.dvisor detected a Triangle Ascending Pattern (Bullish) for Verra Mobility Corp (VRRM, $23.90). On December 10, 2024, A.I.dvisor confirmed the Bullish pattern, setting a target price of $25.21. 35 days later, on January 14, 2025, VRRM reached the target price resulting in a for traders who took a long position in the stock.

VRRM in upward trend: price rose above 50-day moving average on December 31, 2024

VRRM moved above its 50-day moving average on December 31, 2024 date and that indicates a change from a downward trend to an upward trend. In of 58 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on January 02, 2025. You may want to consider a long position or call options on VRRM as a result. In of 91 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The 10-day moving average for VRRM crossed bullishly above the 50-day moving average on January 06, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 18 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where VRRM advanced for three days, in of 340 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 6 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Fundamental Analysis (Ratings)

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 74, placing this stock better than average.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. VRRM’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: VRRM's P/B Ratio (9.643) is very high in comparison to the industry average of (2.133). VRRM has a moderately high P/E Ratio (67.972) as compared to the industry average of (22.501). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (2.737). Dividend Yield (0.000) settles around the average of (0.055) among similar stocks. P/S Ratio (4.792) is also within normal values, averaging (125.437).

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VRRM
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General Information

a financial conglomerate

Industry TrucksConstructionFarmMachinery

Profile
Fundamentals
Details
Industry
Financial Conglomerates
Address
1150 North Alma School Road
Phone
+1 480 443-7000
Employees
1788
Web
https://www.verramobility.com