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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Varex Imaging Corporation (NASDAQ:VREX)
Long-Term Downtrend (-90) - VREX is in a strong downtrend that is likely to continue. While VREX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid VREX?
MarketClub looks at technical strength and momentum to determine if the timing is right for VREX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for VREX
The long-term trend has been DOWN since Feb 7th, 2024 at 17.68
The intermediate-term trend has been DOWN since Apr 16th, 2024 at 17.16
The short-term trend has been DOWN since Apr 25th, 2024 at 16.97
Smart Scan Analysis for VREX
Based on our trend formula, VREX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 15.80 | 15.80 | 15.45 | 15.76 | -0.09 |
| Prev. Close | Volume | Bid | Ask | Time |
| 15.75 | 269028 | 2024-05-08 15:59:37 |
| Year High | 43.76 | Year High Date | 2018-01-29 |
| Year Low | 23.91 | Year Low Date | 2018-11-14 |
| 52wk High | 23.895 | 52wk High Date | 2023-06-30 |
| 52wk Low | 14.56 | 52wk Low Date | 2024-05-03 |
| Average Volume | 343,519 | Shares Outstanding | 40,900 |
| Market Cap | 1,155M | Assets | 125,170,000M |
| Liabilities | 675,600,000M | P/E Ratio | 17.3077 |
| Volatility | 39.57 |