VERI a quarterly gainer,rising +600.94%.Expect Uptrend reversal
Veritone (VERI, $14.86) was one of top quarterly gainers, jumping +600.94% to $14.86 per share. Tickeron A.I.dvisor analyzed 156 stocks in the Packaged Software Industry over the last three months, and discovered that 147 of them (94.49%) charted an Uptrend while 9 of them (5.51%) trended down. Tickeron A.I.dvisor found 204 similar cases when VERI's price went up 15% within three months. In 161 out of those 204 cases, VERI's price went down during the following month. Based on these historical data, Tickeron A.I. thinks the odds of an Uptrend reversal for VERI are 79%.
VERI enters a Downtrend as Momentum Indicator dropped below the 0 level on July 02, 2020
This indicator signals that VERI's price has further to drop, since it moved below its price 14 days ago. Traders may consider selling the ticker, shorting the ticker, or exploring put options. In 44 of 47 cases where VERI's Momentum Indicator fell below the 0 level, its price fell further within the subsequent mo
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