Investors didn't show much interest in one Verisign way or another today. It hasn't moved too much today but is slightly down, it lost -0.03% since yesterday. It looks like VRSN could be hitting an upward sloping resistance line. Most traders won't try to short a stock when the line is upsloping.
But it may be a good time to take profit or wait for a better entry point for a long position. In terms of momentum, Verisign has had a nice run over the last few months. This could make it easy to break through resistance. Over the past 3 months, investors in the Online Media company are up a nice 22.09 percent. We'll see if Verisign continues to perform.
If it breaks through the resistance level, we aren't seeing any clear resistance points beyond that. So it may have plenty of room to work up from there. If the price reverses and heads back down lower, it looks like the nearest support level is $233.56 it may head back up from there or break lower.
The analysts are pretty neutral on VeriSign right now, so not much useful information here. The current Analysts Sentiment Score is -0.45. Most companies range between (-200 to 200).
Here's a break down of the latest rating changes. On 2023-07-24 Citigroup lowered their price target by -1.19% to $249.00. Robert W. Baird released a downgrade on 2023-07-11 from Outperform to Neutral and they lowered their price target by -7.55% to $245.00 from a previous target of $265.00.
| Company | Ratings Score
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Composite analyst sentiment score
|
Positive Ratings | Negative Ratings | Boost Price Target | Lower Price Target |
|---|---|---|---|---|---|
| VRSN | -0.45 | 0 | -0.45 | 0 | -0.45 |
| Company | YOY Growth Score (typical -20 to +20) | Revision Directions (-6 to +6) |
|---|---|---|
| VRSN | 0.00 | 0.00 |
We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.
| Company | Short Score (typical 1-15)
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We take into account several different measures and attributes of short interest to create a composite sentiment score. typical range (0 - 30)
|
Short Interest | Days to Cover | Rate of Change | Shares Short |
|---|---|---|---|---|---|
| VRSN | 1.43 | %0.9 | 1.9 | 3.564 | 870900 |
| Segment | Count | 1 Day% | 5 Day | 1 Month | 3 Month | 6 Month | 1 Year | RSI | 3mo S-momo ? | 6mo S-momo | 1yr S-momo | Resistance ? | Support | Demark Sell ? | Demark Buy | Short Interest | Analysts Ratings ? |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Online Media | 20 | -5.77 | -6.25 | -7.82 | -14.16 | -7.53 | -4.31 | 47.00 | 1.57 | -5.31 | -7.49 | -18443.29 | -6482.40 | 42.50 | 0.00 | 6.11 | 1.34 |
| Technology | 278 | -8.19 | -7.31 | -11.68 | -19.03 | -13.16 | -8.84 | 42.99 | -11.25 | -8.55 | -3.83 | -18184.66 | -7194.25 | 19.06 | 0.99 | 4.45 | 1.35 |
Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.
| Ticker | Social Sentiment(1-10) |
|---|---|
| VRSN |
| Company | Score | 1 Day% | 5 Day | 1 Month | 3 Month | 6 Month | 1 Year | RSI | 3mo S-momo ? | 6mo S-momo | 1yr S-momo | Resistance ? | Support | Demark Sell ? | Demark Buy | Short Interest Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SNPS | Synopsys Inc | 1.01 | -4.74 | -4.61 | -7.35 | -14.33 | -15.91 | -27.83 | 41 | -20.79 | -21.76 | -29.76 | -23826.45 | -328.15 | 0 | 0 | 1.89543 |
| CDNS | Cadence Design Systems | 1 | -6.05 | -3.03 | 2.34 | -17.49 | -6.78 | -19.86 | 56 | -8.39 | -9.03 | -14.93 | -7669.77 | -6429.40 | 125 | 0 | 1.51766 |
| NOW | SERVICENOW, INC. | 0.95 | -6.06 | -2.97 | -9.00 | -26.57 | -12.08 | 1.96 | 41 | -5.02 | -3.21 | -1.58 | -6302.99 | -8994.18 | 0 | 0 | 1.73847 |
| EW | Edwards Lifesciences Corp | 0.94 | 1.29 | 2.92 | 3.77 | -0.90 | 12.02 | -21.54 | 59 | -10.63 | -7.88 | -9.36 | -2143.38 | -806.69 | 0 | 0 | 2.29616 |
| ANSS | Ansys Inc | 0.94 | -3.26 | -2.03 | -4.66 | -7.57 | -2.21 | -10.47 | 36 | -1.73 | -2.57 | -0.97 | -11944.57 | -4179.84 | 0 | 0 | 1.55496 |
| MSCI | MSCI, Inc. | 0.94 | -5.52 | -2.56 | -3.15 | -7.97 | -7.82 | 0.77 | 49 | 0.60 | 0.33 | 3.80 | -2791.86 | -1604.54 | 0 | 0 | 1.06893 |
| MMC | Marsh & McLennan Companie | 0.93 | 0.26 | 0.78 | 3.73 | 16.33 | 9.49 | 20.03 | 87 | 16.05 | 14.91 | 32.07 | 0.00 | -29288.22 | 0 | 0 | 2.1157 |
| MSI | Motorola Solutions, Inc. | 0.92 | -0.34 | 0.58 | 2.92 | -4.32 | -3.11 | 24.30 | 84 | -1.09 | -0.86 | -0.05 | -6682.79 | -26125.60 | 150 | 0 | 0.92475 |
How to use: use the research links to research the asset. Then simply type in a score for each category between (01, 02, 03, 04, 05). 05 being the most bullish and 01 being the most bearish. It will automatically calculate the average and combine it with the technical score to create an overall score to rank prospects by. You can also type notes into each field.
