Verisign's most recent trend suggests a bearish bias. One trading opportunity on Verisign is a Bear Call Spread using a strike $50.00 short call and a strike $60.00 long call offers a potential 18.76% return on risk over the next 32 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $50.00 by expiration. The full premium credit of $1.58 would be kept by the premium seller. The risk of $8.42 would be incurred if the stock rose above the $60.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Verisign is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Verisign is bearish.
The RSI indicator is at 27.63 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Verisign
VERISIGN INC/CA Files SEC form 8-K, Other Events, Financial Statements and Exhibits
Wed, 09 Apr 2014 20:25:18 GMT
Internet Grows to 271 Million Domain Names in the Fourth Quarter of 2013
Wed, 09 Apr 2014 20:05:00 GMT
Marketwired – VeriSign, Inc. , the global leader in domain names, today announced five million domain names were added to the Internet in the fourth quarter of 2013, bringing the total number of registered domain names …
Can VeriSign Move Higher In 2014?
Wed, 09 Apr 2014 12:38:00 GMT
Forbes – Since early fiscal 2013, VeriSign’s stock has gained over 50%, driven by strong earnings performance. Revenues have grown at double-digit pace since 2008. Similarly, business streamlining efforts resulted in an expansion in margins.
VeriSign rises after representative seeks to maintain U.S. internet oversight
Tue, 08 Apr 2014 15:31:13 GMT
theflyonthewall.com – VeriSign rises after representative seeks to maintain U.S. internet oversight
Insider Trading Alert – TFM, MCO And VRSN Traded By Insiders
Wed, 02 Apr 2014 14:45:00 GMT
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