Previous Hold Today VERU ranks #1034 as HOLD CANDIDATE. Next Hold
Today VERU ranks #1034 as HOLD CANDIDATE.

VERU stock Veru Inc.

VERU stock
Veru Inc.

22 January 2019
Change 0.75%
Chart period: 2018-10-23 - 2019-01-22
VOLUME
Buy
TREND
Buy

MV LONG
Sell

MV SHORT
Sell

PIVOT
Buy

MACD
Buy
Request Prediction
Predict

Veru Inc. Stock Analysis

Technical stock analysis for 22 January 2019

Hold candidate since 2019-01-22
Shorts n/a
Cash n/a
Loans n/a
Beta 0.76
ROA -46.13

Veru Inc. gained 0.75% in the last trading day, rising from $1.34 to $1.35 The price has fallen in 7 of the last 10 days and is down by -12.9% for this period. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 18 056 more shares were traded than the day before. In total, 85 789 shares bought and sold for approximately $115 815.00.

Close price at the end of the last trading day (Tuesday, 22nd Jan 2019) of the VERU stock was $1.35. This is 0.75% more than the trading day before Friday, 18th Jan 2019.

During day the stock fluctuated 10.24% from a day low at $1.27 to a day high of $1.40.

30 day high of the VERU stock price was $1.65 and low was $1.27.
90 day high was $1.65 and low was $1.20.
52 week high for the Veru Inc. - $2.37 and low - $1.17.

Trend

Veru Inc. lies in the middle of a very wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 3.29% during the next 3 months and, with 90% probability hold a price between $1.30 and $1.62 at the end of this period.

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Signals

A buy signal was issued from a pivot bottom point on Friday January 18, 2019, which indicates further gains until a new top pivot has been found. Veru Inc. has rising volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk. Some negative signals were issued as well, and these may have some influence on the near short-term development. Veru Inc. holds sales signals from both short- and long-term moving averages. In addition, there is a general sales signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up there will be some resistance from the lines at $1.37 and $1.40. A break-up above any of these levels will issue buy signals.

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Relative Strength Index (RSI)

RSI14 is 45 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

Veru Inc. finds support from accumulated volume at $1.34.

Support: $1.34 Price: $1.35 Resistance: $1.40

Risk

This stock may move much during a day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.13 between high and low, or 10.24%. For the last week, the stock has had a daily average volatility of 5.90%.

Our recommended stoploss: $1.26 (-6.36%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from pivot bottom found 1 days ago.)

Overall risk:

Very Low Low Medium High Very High

Evaluation

Veru Inc. holds several negative signals and this should give a sell recommendation, but due to the general chance for a turnaround situation we recommend to hold or accumulate whilst awaiting for further development. We have upgraded our recommendation for this stock since last evaluation from a Sell Candidate to a Hold/Accumulate.

Previous Hold Today VERU ranks #1034 as HOLD CANDIDATE. Next Hold
Today VERU ranks #1034 as HOLD CANDIDATE.