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Stock Trend Analysis Report
Prepared for you on Tuesday, October 22, 2024.
VEREN INC (TSE:VRN)
Sidelines Mode (+50) - VRN is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until VRN can gain momentum.
Is it time to buy, sell, or avoid VRN?
MarketClub looks at technical strength and momentum to determine if the timing is right for VRN.
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 VRN
The long-term trend has been DOWN since May 22nd, 2024 at 11.685
The intermediate-term trend has been UP since Oct 3rd, 2024 at 8.920
The short-term trend has been UP since Oct 22nd, 2024 at 8.480
Smart Scan Analysis for VRN
Based on our trend formula, VRN is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.30 | 8.50 | 8.27 | 8.48 | +0.17 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.31 | 2483512 | 2024-10-22 15:57:54 |