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VERISIGN INC.
VERISIGN INC.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: VRSN
ISIN:

VERISIGN INC. - 1H - Technical analysis published on 03/13/2024 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Neutral
Underlying: Bearish
Technical indicators
33%
22%
44%
My opinion
Bearish under 195.86 USD
My targets
189.85 USD (-1.10%)
188.32 USD (-1.90%)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 195.86 USD remains possible. It is advisable to trade VERISIGN INC. with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 195.86 USD. The next bearish objective for sellers is set at 189.85 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 188.32 USD. In case of crossing, the next objective would be the support located at 180.33 USD. PS: if there is a bullish break in the resistance located at 195.86 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
2.1

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

Londinia
This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The VERISIGN INC. price is 191.96 USD. On the day, this instrument lost -0.01% and was traded between 190.81 USD and 192.12 USD over the period. The price is currently at +0.60% from its lowest and -0.08% from its highest.

190.81
192.12
191.96

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by VERISIGN INC.:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 1H of this VERISIGN INC. chart shows a bearish trend. 67.86% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. The Central Indicators scanner detects bullish and bearish signals on moving averages that could impact this trend:

Central Indicators

Moving Average bullish crossovers : MA20 & MA50

Type : Bullish

Timeframe : 1 hour


Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : 1 hour



In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 6 are bullish, 8 are neutral and 4 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Price is back under the pivot point

Type : Bearish

Timeframe : 1 hour



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Central Patterns

Near resistance of triangle

Type : Bearish

Timeframe : 1 hour



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 188.32 189.85 191.46 191.96 192.50 195.86 198.47
Change (%) -1.90% -1.10% -0.26% - +0.28% +2.03% +3.39%
Change -3.64 -2.11 -0.50 - +0.54 +3.90 +6.51
Level Major Minor Intermediate - Major Minor Major



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard187.64189.00190.49191.85193.34194.70196.19
Camarilla191.20191.46191.72191.98192.24192.50192.76
Woodie187.71189.03190.56191.88193.41194.73196.26
Fibonacci189.00190.09190.76191.85192.94193.61194.70


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard182.13185.83188.42192.12194.71198.41201.00
Camarilla189.29189.87190.44191.02191.60192.17192.75
Woodie181.59185.55187.88191.84194.17198.13200.46
Fibonacci185.83188.23189.71192.12194.52196.00198.41


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard178.63185.04190.17196.58201.71208.12213.25
Camarilla192.12193.17194.23195.29196.35197.41198.46
Woodie177.98184.72189.52196.26201.06207.80212.60
Fibonacci185.04189.45192.18196.58200.99203.72208.12

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 48.19
MACD (12,26,9): -0.1000
Directional Movement: -8.78
AROON (14): -35.71
DEMA (21): 191.78
Parabolic SAR (0,02-0,02-0,2): 192.93
Elder Ray (13): -0.05
Super Trend (3,10): 193.76
Zig ZAG (10): 191.74
VORTEX (21): 1.0000
Stochastique (14,3,5): 53.10
TEMA (21): 191.90
Williams %R (14): -45.61
Chande Momentum Oscillator (20): -0.85
Repulse (5,40,3): 0.3200
ROCnROLL: -1
TRIX (15,9): -0.0100
Courbe Coppock: 0.25
MA7: 191.90
MA20: 193.49
MA50: 198.04
MA100: 203.18
MAexp7: 191.93
MAexp20: 191.92
MAexp50: 192.27
MAexp100: 193.19
Price / MA7: +0.03%
Price / MA20: -0.79%
Price / MA50: -3.07%
Price / MA100: -5.52%
Price / MAexp7: +0.02%
Price / MAexp20: +0.02%
Price / MAexp50: -0.16%
Price / MAexp100: -0.64%

Quotes : - 15 min delayed data - NASDAQ Stocks

News


The latest news and videos published on VERISIGN INC. at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Londinia
Londinia AI

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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

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