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.
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
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.
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:
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:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
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
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| 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 |
|---|---|---|---|---|---|---|---|
| Standard | 1.30 | 1.40 | 1.61 | 1.71 | 1.92 | 2.02 | 2.23 |
| Camarilla | 1.72 | 1.75 | 1.78 | 1.81 | 1.84 | 1.87 | 1.90 |
| Woodie | 1.35 | 1.43 | 1.65 | 1.74 | 1.97 | 2.05 | 2.28 |
| Fibonacci | 1.40 | 1.52 | 1.59 | 1.71 | 1.83 | 1.90 | 2.02 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.79 | 1.09 | 1.45 | 1.75 | 2.11 | 2.41 | 2.77 |
| Camarilla | 1.63 | 1.69 | 1.75 | 1.81 | 1.87 | 1.93 | 1.99 |
| Woodie | 0.82 | 1.11 | 1.48 | 1.76 | 2.14 | 2.42 | 2.80 |
| Fibonacci | 1.09 | 1.34 | 1.50 | 1.75 | 2.00 | 2.16 | 2.41 |
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% |
News
The latest news and videos published on VERASTEM INC. at the time of the analysis were as follows:
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Verastem, Inc. - VSTM Stock Chart Technical Analysis for 06-21-2019
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Verastem, Inc. - VSTM Stock Chart Technical Analysis for 06-20-2019
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Verastem, Inc. - VSTM Stock Chart Technical Analysis for 06-17-2019
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Verastem, Inc. - VSTM Stock Chart Technical Analysis for 06-14-2019
This member declared not having a position on this financial instrument or a related financial instrument.
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