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Verano Holdings Corp

VRNO.NE Technical Analysis Summary (NEO)

Analyze VRNO.NE on the NEO with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

VRNO.NE●NEO
HealthcareDrug Manufacturers - Specialty & Generic
$6.88
$0.70(9.23%)
Canadian Market is Open · 12:56

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VRNO.NE Technical Analysis Summary (NEO)

Verano Holdings Corp (NEO: VRNO.NE) stock currently shows a neutral trend on the NEO, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 41.82)
Trend Strength:Moderate (ADX: 22.87)
Volatility:High (ATR: 0.40)
Support/Resistance:$6.45 – $8.65 (Bollinger Bands)

Technical conditions suggest Verano Holdings Corp on the NEO is awaiting a decisive move. Technical conditions suggest Verano Holdings Corp is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 41.82

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 48.77

Neutral
Mid-range signal with no clear trend.

Williams %R: -56.30

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -6.30

Strongly Bearish
Sharp downside momentum.

Takeaway:Verano Holdings Corp shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -0.30

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 22.87

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.40

Low
Low volatility, stable price action.

CCI (14): -13.18

Neutral
Neutral, no strong directional signal.

Takeaway:Verano Holdings Corp shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$8.65
Middle Band (SMA 20)
$7.55
Lower Band
$6.45
Current Position
Within Bands

Takeaway:Verano Holdings Corp trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$8.27
Middle Line (EMA 20)
$7.47
Lower Channel
$6.68
Squeeze Status
No Squeeze

Takeaway:Verano Holdings Corp trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-876.59K
Money Flow Index17.40Bullish, oversold conditions signal rebound potential.
Relative Vigor Index41.67Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:VRNO.NE shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Verano Holdings Corp (NEO: VRNO.NE), here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Verano Holdings Corp shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(NEO: VRNO.NE) Technical Analysis FAQ