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Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
Varonis Systems, Inc. (NASDAQ:VRNS)
Long-Term Uptrend (+90) - VRNS is in a strong uptrend that is likely to continue. While VRNS is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid VRNS?
MarketClub looks at technical strength and momentum to determine if the timing is right for VRNS.
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 VRNS
The long-term trend has been UP since Jul 19th, 2023 at 27.490
The intermediate-term trend has been UP since May 7th, 2024 at 45.800
The short-term trend has been UP since May 3rd, 2024 at 44.845
Smart Scan Analysis for VRNS
Based on our trend formula, VRNS is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 44.77 | 45.93 | 44.54 | 45.62 | +0.62 |
| Prev. Close | Volume | Bid | Ask | Time |
| 45.00 | 1269024 | 2024-05-08 15:59:36 |
| Year High | 83.1 | Year High Date | 2018-06-13 |
| Year Low | 47.85 | Year Low Date | 2018-01-02 |
| 52wk High | 52.88 | 52wk High Date | 2024-03-04 |
| 52wk Low | 23.09 | 52wk Low Date | 2023-05-12 |
| Average Volume | 1,010,988 | Shares Outstanding | 109,104 |
| Market Cap | 1,901M | Assets | 110,391,000M |
| Liabilities | 614,262,000M | Volatility | 53.3 |