VERB TECHNOLOGY CO. - Weekly - Technical analysis published on 05/29/2024 (GMT)
- 137
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : Weekly
- - Analysis generated on
- Status : TARGET REACHED
A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Strongly bearish
Technical indicators
28%
56%
17%
My opinion
Bearish under 0.1933 USD
My targets
0.1464 USD (-6.47%)
0.1263 USD (-19.30%)
My analysis
The bearish basic trend is very strong on VERB TECHNOLOGY CO. but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 0.1933 USD. Crossing the first support at 0.1464 USD would be a sign of a further potential price plummet. Sellers would then use the next support located at 0.1263 USD as an objective. Caution, a return to above the resistance located at 0.1933 USD would be a sign of a possible consolidation phase of the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
6.3
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.
This analysis was given by Qaisali123. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The VERB TECHNOLOGY CO. price is 0.1565 USD. with the lowest point at - USD and the highest point at - USD. The deviation from the price is - for the low point and - for the high point.-
-
0.1565
The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.
Opening Gap UP
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by VERB TECHNOLOGY CO.:
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in Weekly of this VERB TECHNOLOGY CO. chart shows a sharp bearish trend. The signals given by moving averages are 89.29% bearish. This strongly bearish trend seems to be slowing down given the slightly bearish signals being given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : Weekly
On the 18 technical indicators analysed, 5 are bullish, 3 are neutral and 10 are bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Weekly
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Bullish engulfing lines
Type : Bullish
Timeframe : Weekly
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 0.1263 | 0.1565 | 15.4800 | 39.4200 | 68.8000 |
| Change (%) | -19.30% | - | +9,791.37% | +25,088.50% | +43,861.66% |
| Change | -0.0302 | - | +15.3235 | +39.2635 | +68.6435 |
| Level | Major | - | Minor | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.1302 | 0.1344 | 0.1372 | 0.1414 | 0.1442 | 0.1484 | 0.1512 |
| Camarilla | 0.1382 | 0.1388 | 0.1395 | 0.1401 | 0.1407 | 0.1414 | 0.1420 |
| Woodie | 0.1296 | 0.1341 | 0.1366 | 0.1411 | 0.1436 | 0.1481 | 0.1506 |
| Fibonacci | 0.1344 | 0.1370 | 0.1387 | 0.1414 | 0.1440 | 0.1457 | 0.1484 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.1073 | 0.1200 | 0.1337 | 0.1464 | 0.1601 | 0.1728 | 0.1865 |
| Camarilla | 0.1402 | 0.1427 | 0.1451 | 0.1475 | 0.1499 | 0.1523 | 0.1548 |
| Woodie | 0.1079 | 0.1203 | 0.1343 | 0.1467 | 0.1607 | 0.1731 | 0.1871 |
| Fibonacci | 0.1200 | 0.1301 | 0.1363 | 0.1464 | 0.1565 | 0.1627 | 0.1728 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.0433 | 0.0484 | 0.1016 | 0.1933 | 0.2465 | 0.3382 | 0.3914 |
| Camarilla | 0.1151 | 0.1283 | 0.1416 | 0.1549 | 0.1682 | 0.1815 | 0.1948 |
| Woodie | -0.0625 | 0.0388 | 0.0825 | 0.1837 | 0.2274 | 0.3286 | 0.3723 |
| Fibonacci | 0.0484 | 0.1037 | 0.1379 | 0.1933 | 0.2486 | 0.2828 | 0.3382 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 35.74 | |
| MACD (12,26,9): | -0.1596 | |
| Directional Movement: | 17.9147 | |
| AROON (14): | -64.2857 | |
| DEMA (21): | 0.0277 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.5822 | |
| Elder Ray (13): | -0.0353 | |
| Super Trend (3,10): | 0.0470 | |
| Zig ZAG (10): | 0.1401 | |
| VORTEX (21): | 1.0050 | |
| Stochastique (14,3,5): | 1.79 | |
| TEMA (21): | 0.3332 | |
| Williams %R (14): | -98.66 | |
| Chande Momentum Oscillator (20): | -0.0137 | |
| Repulse (5,40,3): | -23.3076 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -5.1182 | |
| Courbe Coppock: | 7.23 |
| MA7: | 0.1448 | |
| MA20: | 0.1445 | |
| MA50: | 0.1956 | |
| MA100: | 0.1743 | |
| MAexp7: | 0.1566 | |
| MAexp20: | 0.2278 | |
| MAexp50: | 1.8301 | |
| MAexp100: | 8.9605 | |
| Price / MA7: | +8.08% | |
| Price / MA20: | +8.30% | |
| Price / MA50: | -19.99% | |
| Price / MA100: | -10.21% | |
| Price / MAexp7: | -0.06% | |
| Price / MAexp20: | -31.30% | |
| Price / MAexp50: | -91.45% | |
| Price / MAexp100: | -98.25% |
Quotes :
-
15 min delayed data
-
NASDAQ Stocks
News
Don't forget to follow the news on VERB TECHNOLOGY CO.. At the time of publication of this analysis, the latest news was as follows:
- VERB’s Healthy Balance and Enhanced Shareholder Equity Behind Nasdaq’s Grant of 6-Month Extension to Regain Compliance With Bid Price Rule
- VERB's MARKET.live x TikTok Shop Partnership Event Draws Over 300 Attendees
- VERB's MARKET.live Adds Another 100 Retail Brands to Its Livestream Social Shopping Platform
- VERB’s MARKET.live x TikTok Shop Partnership Event Set for April 25th
- VERB's MARKET.live Livestream Shopping Business Plan is Now Fully Funded
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis VERB TECHNOLOGY CO. - Weekly