VERI trade ideas
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
VERI Bullish !!!Strong uptrend from march with lots of room to run. Watch for breakout above ~18.50.
$VERI:NASDAQ - VERITONE - AI stock up 730% over 3 months.Veritone, Inc. engages in the provision of artificial intelligence (AI) computing solutions to media and entertainment, government, and legal and compliance industries. Could be worth a watch after its recent pullback. Lets hope it continues to run.
Veritone operates through the following segments: Advertising; aiWARE SaaS Solutions; and aiWARE Content Licensing and Media Services. The Advertising segment places advertisements for clients, primarily with radio broadcasters, podcasters and digital media producers. The aiWARE SaaS Solutions segment offers solutions through a combination of its direct sales force and indirect channel partners such as value-added resellers (VARs), distributors, system integrators, managed services providers, and referral partners. The aiWARE Content Licensing and Media Services segment sells and markets activities relating to its digital content licensing services business through its direct sales force. The company was founded by Chad Steelberg and Ryan Steelberg in 2014 and is headquartered in Costa Mesa, CA.
THE BEST HAS YET TO COMETORONTO and COSTA MESA, CA, March 2, 2020,/CNW/ - Bell Media, Canada's largest media company and leading content creator, and Veritone Inc. (VERI), the creator of the world's first operating system for artificial intelligence, aiWARE™, have entered a multiyear agreement bringing Veritone's content and ad intelligence solutions, Veritone Essentials, and Veritone Attribute, to almost 40 of Bell Media's top-performing radio and television stations in a dozen markets throughout Canada.
Bullish/Bearish Correlation - NuetralIndex - P/E - EPS (ttm) -3.42 Insider Own 1.40% Shs Outstand 22.81M Perf Week -2.32%
Market Cap 67.29M Forward P/E - EPS next Y -1.37 Insider Trans 53.38% Shs Float 16.73M Perf Month -22.98%
Income -66.70M PEG - EPS next Q -0.43 Inst Own 29.30% Short Float 15.27% Perf Quarter -57.98%
Sales 42.90M P/S 1.57 EPS this Y 43.90% Inst Trans 1.17% Short Ratio 5.33 Perf Half Y -52.42%
Book/sh 2.63 P/B 1.12 EPS next Y 22.20% ROA -55.70% Target Price 14.20 Perf Year -59.20%
Cash/sh 1.99 P/C 1.49 EPS next 5Y 50.00% ROE -108.30% 52W Range 2.80 - 9.98 Perf YTD -22.37%
Dividend - P/FCF - EPS past 5Y - ROI -102.80% 52W High -70.44% Beta -
Dividend % - Quick Ratio 1.50 Sales past 5Y - Gross Margin 68.50% 52W Low 5.36% ATR 0.24
Employees 317 Current Ratio 1.50 Sales Q/Q 192.90% Oper. Margin - RSI (14) 32.63 Volatility 7.31% 7.83%
Optionable Yes Debt/Eq 0.00 EPS Q/Q 8.50% Profit Margin - Rel Volume 0.79 Prev Close 2.89
Shortable Yes LT Debt/Eq 0.00 Earnings Nov 06 AMC Payout - Avg Volume 479.14K Price 2.95
Recom 1.80 SMA20 -7.49% SMA50 -23.69% SMA200 -50.95% Volume 379,920 Change 2.08%
Veritone Inc. - NASDAQ:VERI Eyes The Gap?TECHNICAL
After spending the better part of the past seven months carving-out a potential rounding bottom, Veritone Inc. NASDAQ:VERI , released in mid-May on meaningful volume and in the process, recaptured its 200 DMA and now finds itself perched comfortably above all of its important moving averages (20/50/200), depicting a technically healthy posture.
In addition, we can also observe from the Daily chart above that the 20 DMA has crossed-up through its 200 DMA with the 50 DMA about to follow.
While congestion; potential short-term resistance can be found in the $10 - $11 zone from last Summer, early Fall, it appears that VERI may very well likely have its sights set on the gap created from last August.
Thus, moving forward, both investors/traders may want to continue to monitor the action closely for if VERI can go topside of the 10.85 level at any time in the days/weeks ahead, such development may just suggest intentions of going after the gap located in the $12 - $14 area.
Nevertheless, while further work remains, VERI finds itself in a favorable technical posture exhibiting decent characteristics and traders may want to keep a close eye on the action moving forward.
VERI=4.70 usd to buy and hold. (PUMP and DUMP) VerifoneThe potential is huge...
1/12/2018 low of 3.80 to the dollar.
We are at the very bottom.
01/09/2017 high 45.05 dollar.
TARGET1 = 20usd
TARGET2= 45usd
R= more more 10
$VERI Watching for a breakout today. Earnings were a blow out and growth prospects very compelling to investors, which resulted in a 15% jump in the stock price. We are on the watch for continuation today.
Roth Capital maintained a buy rating with a $15 price target stating that “We are more encouraged by the use case of the platform continuing to expand, not only into additional verticals but also clients that are using aiWARE continuing to increase content, while many have signed on to use additional apps (GM +). As the pipeline ramps, we continue to be encouraged by progress and believe improved EBITDAS, as the year progresses, should be a recipe for share price improvement.”
Earnings Results
Veritone (NASDAQ:VERI) is up 1.8% after a Q1 beat where it more than doubled revenues, both with acquisitions and organic growth.
Those revenues grew 177%, to $12.1M from $4.4M. That included $6.2M from recent acquisitions.
Operating losses grew to $16.5M, and net loss to $16.3M.
Adjusted EBITDAS (the "S" is for "Stock-based compensation expense") was -$9.3M, slimmer than -$10.2M a year ago.
Company Description
Veritone, Inc. engages in the provision of artificial intelligence (AI) computing solutions to media and entertainment, government, and legal and compliance industries. It operates through the following segments: Advertising; aiWARE SaaS Solutions; and aiWARE Content Licensing and Media Services. The Advertising segment places advertisements for clients, primarily with radio broadcasters, podcasters and digital media producers. The aiWARE SaaS Solutions segment offers solutions through a combination of its direct sales force and indirect channel partners such as value-added resellers (VARs), distributors, system integrators, managed services providers, and referral partners. The aiWARE Content Licensing and Media Services segment sells and markets activities relating to its digital content licensing services business through its direct sales force
VERI explosive potential- LONGThe EMAs crossing over in addition to the MACD cross make me bullish on this. Also near the .78 fib level. Looking for a break of $7.04 to go long. Also there was a buy out offer for $8 back in December 18 that was rejected. $8 target.
My reasons
1. Indicators
2. Potential buy out
3. AI is hot
VERI Long - 4/3/2019Tight scalp on VERI - appears to be maintaining a healthy climb and will continue to do so remainder of week.
Trade responsibly; TPs and SLs
Veri bullish setup about to triggerLooks like we should head up relatively quickly, and produce a 4xer
VERITONE: is starting a new rally.Important set up daily feb 13, 2018 at price $5.80.
Above this level stong buy, 1st target $8, 2nd 10.8$.
Earnings Stock of the Day: VERIVERI is reporting earnings today and was chosen to remind traders that IPOs are not usually profitable. It is very rare to have a company that IPOs with high profits and revenue. Therefore, IPOs are generally speculative as this stock was. It IPO’d around the summer of 2017 and ran up for a month to a new all-time high. Retail investors and smaller funds drove price upward due to HFT activity and the encouragement of financial advisors. AccumDist shows smaller funds buying speculatively, creating the momentum run of August into September. HFTs created the huge black engulfing candle at the peak. Smaller funds and the retail crowd “bought on the dip” and have lost a lot of money since then. Preferred Clients sold into the speculative gains.
It is now near the low that should provide stability to the downtrend and eventually commence the bottom formation. There is no bottom yet as there is no Dark Pool Buy Zone™ yet.
There are no major companies reporting today. It is all small to mid-cap companies. Earnings Season is in the final days of reporting.
VERI (Can't See Price Action Going Lower) $27 is 1st GoalOn chart is Fib Ret, which different levels on it, 1st stop is $27. You would need to get on train soon and stay for few or several months
Veri Stock has great upside in opinion my enter price at 24-26 the swing trade to 3 all it needs is rumors to get stock going and has the potential for great growth and AI company that is working with Iheartradio and others
