Technical Analysis for VRME - VerifyMe, Inc.

Grade Last Price % Change Price Change
D 1.37 -2.84% -0.04
VRME closed down 2.84 percent on Monday, July 1, 2024, on 30 percent of normal volume. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
0 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Down

Date Alert Name Type % Chg
Hammer Candlestick Bullish 0.00%
Lizard Bullish Bullish Day Trade Setup 0.00%
Gilligan's Island Buy Setup Bullish Swing Setup 0.00%
Narrow Range Bar Range Contraction 0.00%
Doji - Bullish? Reversal 0.00%
Gapped Down Weakness 0.00%
Oversold Stochastic Weakness 0.00%
180 Bearish Setup Bearish Swing Setup -2.84%
Stochastic Buy Signal Bullish -2.84%
Narrow Range Bar Range Contraction -2.84%

   Recent Intraday Alerts

Alert Time
Down 3% about 6 hours ago
Bearish 180 Entry about 6 hours ago
Fell Below Previous Day's Low about 6 hours ago
Down 2 % about 6 hours ago
Down 1% about 6 hours ago

Get a Trading Assistant

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

VerifyMe, Inc., is a technology solutions provider specializing in brand protection functions such as counterfeit prevention, authentication, serialization, track and trace features for labels, packaging and products. VerifyMe's physical technology authenticates packaging, labels and documents with a suite of proprietary security inks and pigments, which work in conjunction with serialization and track-and-trace software known as VeriPAS™ that allows both consumers and brand inspectors to verify authenticity with their smart phones. VeriPAS™ is a serialization software system that brand owners access through a web portal to monitor, control and protect their products complete life cycle.
Classification

Sector: Industrials
Industry: Security & Protection Services
Keywords: Supply Chain Management Technology Solutions Cryptography Packaging Smart Phone Software System Authentication Forgery Security Printing

Is VRME a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 2.45
52 Week Low 0.8511
Average Volume 44,547
200-Day Moving Average 1.29
50-Day Moving Average 1.62
20-Day Moving Average 1.51
10-Day Moving Average 1.45
Average True Range 0.10
RSI (14) 39.39
ADX 17.09
+DI 18.11
-DI 32.39
Chandelier Exit (Long, 3 ATRs) 1.40
Chandelier Exit (Short, 3 ATRs) 1.62
Upper Bollinger Bands 1.71
Lower Bollinger Band 1.32
Percent B (%b) 0.14
BandWidth 26.16
MACD Line -0.06
MACD Signal Line -0.05
MACD Histogram -0.0169
Fundamentals Value
Market Cap 13.69 Million
Num Shares 9.99 Million
EPS -0.29
Price-to-Earnings (P/E) Ratio -4.72
Price-to-Sales 0.44
Price-to-Book 0.92
PEG Ratio 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 1.43
Resistance 3 (R3) 1.42 1.40 1.42
Resistance 2 (R2) 1.40 1.38 1.40 1.42
Resistance 1 (R1) 1.38 1.37 1.39 1.39 1.41
Pivot Point 1.36 1.36 1.36 1.36 1.36
Support 1 (S1) 1.34 1.34 1.35 1.35 1.33
Support 2 (S2) 1.32 1.33 1.32 1.32
Support 3 (S3) 1.30 1.32 1.32
Support 4 (S4) 1.31