Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
VEREN INC (TSE:VRN)
Bear Market Rally (-75) - VRN is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on VRN as it may be in the beginning of a reversal.
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.
|
|||||||||||||||
|
|||||||||||||||
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 DOWN since Oct 31st, 2024 at 8.210
The short-term trend has been UP since Nov 14th, 2024 at 7.325
Smart Scan Analysis for VRN
Based on our trend formula, VRN is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.350 | 7.510 | 7.350 | 7.495 | +0.145 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.510 | 1931723 | 2024-11-20 15:59:23 |