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

VERASTEM INC. - Daily - Technical analysis published on 06/24/2019 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.

Summary of the analysis

Trends
Court terme: Bullish
De fond: Bearish
Technical indicators
67%
6%
28%
My opinion
Bearish under 2.88 USD
My targets
1.09 USD (-39.78%)
My analysis
The basic trend is bearish on VERASTEM INC. and in the short term, the price is trying to rebound. For the time being, this is only a technical rebound and the basic trend is not threatened. To have the rebound confirmed, it would have at least to go back above the 2.88 USD. Buyers would then use the next resistance located at 4.80 USD as an objective. Crossing it would then enable buyers to target 5.41 USD. If there is a return to below the support located at 1.09 USD, this would be a sign of a reversal in the basic bearish trend.

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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

VERASTEM INC. rating 1.81 USD. The price has increased by +0.00% since the last closing with the lowest point at 1.69 USD and the highest point at 1.86 USD. The deviation from the price is +7.10% for the low point and -2.69% for the high point.

1.69
1.86
1.81

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical


Technical analysis of this Daily chart of VERASTEM INC. indicates that the overall trend is bearish. The signals given by moving averages are at 64.29% bearish. This bearish trend could slow down given the slightly bullish signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : Daily


Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Daily



In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

MACD indicator is back over 0

Type : Bullish

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly


Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S1
R1
R2
R3
Price


S1PriceR1R2R3
ProTrendLines 1.09 1.81 2.88 4.80 5.41
Change (%) -39.78% - +59.12% +165.19% +198.90%
Change -0.72 - +1.07 +2.99 +3.60
Level Major - Intermediate Intermediate Intermediate



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.301.401.611.711.922.022.23
Camarilla1.721.751.781.811.841.871.90
Woodie1.351.431.651.741.972.052.28
Fibonacci1.401.521.591.711.831.902.02


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.791.091.451.752.112.412.77
Camarilla1.631.691.751.811.871.931.99
Woodie0.821.111.481.762.142.422.80
Fibonacci1.091.341.501.752.002.162.41

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): 59.17
MACD (12,26,9): 0.0200
Directional Movement: 11.08
AROON (14): 42.86
DEMA (21): 1.54
Parabolic SAR (0,02-0,02-0,2): 1.29
Elder Ray (13): 0.18
Super Trend (3,10): 1.39
Zig ZAG (10): 1.80
VORTEX (21): 1.0900
Stochastique (14,3,5): 63.43
TEMA (21): 1.74
Williams %R (14): -28.85
Chande Momentum Oscillator (20): 0.54
Repulse (5,40,3): 12.7100
ROCnROLL: -1
TRIX (15,9): -0.6400
Courbe Coppock: 61.69
MA7: 1.73
MA20: 1.43
MA50: 1.72
MA100: 2.43
MAexp7: 1.70
MAexp20: 1.57
MAexp50: 1.81
MAexp100: 2.45
Price / MA7: +4.62%
Price / MA20: +26.57%
Price / MA50: +5.23%
Price / MA100: -25.51%
Price / MAexp7: +6.47%
Price / MAexp20: +15.29%
Price / MAexp50: -0%
Price / MAexp100: -26.12%

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

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