RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of VRNT
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Big movements in Verint Systems Inc. stock price on Thursday moving 14.07% between high and low
(Updated on Mar 28, 2024)

Buy candidate since Mar 28, 2024 PDF

The Verint Systems Inc. stock price gained 6.63% on the last trading day (Thursday, 28th Mar 2024), rising from $31.09 to $33.15. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 14.07% from a day low at $31.92 to a day high of $36.41. The price has risen in 7 of the last 10 days and is up by 6.59% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 2 million more shares were traded than the day before. In total, 3 million shares were bought and sold for approximately $97.00 million.

The stock lies in the middle of a wide and strong 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 17.81% during the next 3 months and, with a 90% probability hold a price between $35.94 and $41.39 at the end of this 3-month period.

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VRNT Signals & Forecast

Mostly positive signals in the chart today. The Verint Systems Inc. stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $31.44 and $31.19. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, March 05, 2024, and so far it has risen 9.05%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal.

Support, Risk & Stop-loss for Verint Systems Inc. stock

On the downside, the stock finds support just below today's level from accumulated volume at $31.09 and $30.57. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Verint Systems Inc. finds support just below today's level at $31.09. If this is broken, then the next support from accumulated volume will be at $30.57 and $26.70.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $4.49 between high and low, or 14.07%. For the last week the stock has had daily average volatility of 5.02%.

Our recommended stop-loss: $31.48 (-5.04%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 17 days ago.)

Trading Expectations (VRNT) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Verint Systems Inc. to open at $33.83, and during the day (based on 14 day Average True Range), to move between $31.98 and $34.32, which gives a possible trading interval of +/-$1.17 (+/-3.52%) up or down from last closing price. If Verint Systems Inc. takes out the full calculated possible swing range there will be an estimated 7.05% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $31.09, some $2.06 (6.21%) from the current price of $33.15, our system finds the risk reward attractive.

Is Verint Systems Inc. stock A Buy?

Verint Systems Inc. holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Strong Buy candidate.

Current score: 6.961 Strong Buy Candidate Upgraded

Predicted Opening Price for Verint Systems Inc. of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$33.83 ( 2.04%) $33.15

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for VRNT

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 38.32 15.59 %
R2 36.60 10.41 %
R1 35.54 7.22 %
Current price: 33.15
Support S1 32.11 -3.13 %
S2 31.05 -6.33 %
S3 29.34 -11.50 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 33.15
Support S1 31.09 -6.21%
S2 30.57 -7.78%
S3 26.70 -19.46%

FAQ

What is the symbol for Verint Systems Inc. Stock and on which exchange is it traded?
The symbol for Verint Systems Inc. is VRNT and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Verint Systems Inc. Stock?
Verint Systems Inc. holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Strong Buy candidate.

How to buy Verint Systems Inc. Stock?
Verint Systems Inc. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Verint Systems Inc. Stock.

What's the current price of Verint Systems Inc. Stock?
As of the end of day on the 2024-03-28, the price of an Verint Systems Inc. (VRNT) share was $33.15.

What is the 52-week high and low for Verint Systems Inc. Stock?
The 52-week high for Verint Systems Inc. Stock is $40.28 and the 52-week low is $18.41.

What is the market capitalization of Verint Systems Inc. Stock?
As of the 2024-03-28, the market capitalization of Verint Systems Inc. is 2.089B.

When is the next earnings date for Verint Systems Inc.?
The upcoming earnings date for Verint Systems Inc. is Jun 05, 2024.
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About Verint Systems Inc.

Verint Systems. Verint Systems Inc. provides customer engagement solutions worldwide. It offers various applications for use in Forecasting and Scheduling, which understands the work needed to meet and exceed customer expectations; Quality and Compliance that uses automation and analytics for customer interactions for attended and self-service channels; Interaction Insights, which extracts insights from structured and unstructured customer interactions and activ... VRNT Profile

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