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Varonis Systems
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Let's analyse Varonis together

PenkeI guess you are interested in Varonis Systems. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Varonis Systems. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Varonis (30 sec.)










What can you expect buying and holding a share of Varonis? (30 sec.)

How much money do you get?

How much money do you get?
$0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
$4.49
Expected worth in 1 year
$4.38
How sure are you?
45.0%

+ What do you gain per year?

Total Gains per Share
$-0.11
Return On Investment
-0.2%

For what price can you sell your share?

Current Price per Share
$47.31
Expected price per share
$43.94 - $52.88
How sure are you?
50%

1. Valuation of Varonis (5 min.)




Live pricePrice per Share (EOD)

$47.31

Intrinsic Value Per Share

$1.30 - $3.29

Total Value Per Share

$5.79 - $7.78

2. Growth of Varonis (5 min.)




Is Varonis growing?

Current yearPrevious yearGrowGrow %
How rich?$489.6m$524.1m-$52.6m-11.2%

How much money is Varonis making?

Current yearPrevious yearGrowGrow %
Making money-$23.6m-$31.1m$7.4m31.6%
Net Profit Margin-21.1%-28.5%--

How much money comes from the company's main activities?

3. Financial Health of Varonis (5 min.)




What can you expect buying and holding a share of Varonis? (5 min.)

Welcome investor! Varonis's management wants to use your money to grow the business. In return you get a share of Varonis.

What can you expect buying and holding a share of Varonis?

First you should know what it really means to hold a share of Varonis. And how you can make/lose money.

Speculation

The Price per Share of Varonis is $47.31. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Varonis.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Varonis, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $4.49. Based on the TTM, the Book Value Change Per Share is $-0.03 per quarter. Based on the YOY, the Book Value Change Per Share is $-0.22 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Varonis.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps0.050.1%-0.22-0.5%-0.28-0.6%-0.23-0.5%-0.14-0.3%
Usd Book Value Change Per Share0.430.9%-0.03-0.1%-0.22-0.5%0.170.4%0.110.2%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.430.9%-0.03-0.1%-0.22-0.5%0.170.4%0.110.2%
Usd Price Per Share45.28-32.12-31.83-58.23-47.13-
Price to Earnings Ratio227.33-38.40--33.74--56.35--127.29-
Price-to-Total Gains Ratio106.47--96.61-56.07--393.78--182.73-
Price to Book Ratio10.09-7.43-6.62-46.63-44.27-
Price-to-Total Gains Ratio106.47--96.61-56.07--393.78--182.73-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share47.31
Number of shares21
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share-0.030.17
Usd Total Gains Per Share-0.030.17
Gains per Quarter (21 shares)-0.583.51
Gains per Year (21 shares)-2.3014.02
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-2-120144
20-5-1402818
30-7-1604232
40-9-1805646
50-12-2007060
60-14-2208474
70-16-2409888
80-18-260112102
90-21-280126116
100-23-300140130

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.03.00.025.0%1.011.00.08.3%1.019.00.05.0%5.035.00.012.5%7.038.00.015.6%
Book Value Change Per Share1.03.00.025.0%5.07.00.041.7%7.013.00.035.0%18.022.00.045.0%19.024.02.042.2%
Dividend per Share0.00.04.00.0%0.00.012.00.0%0.00.020.00.0%0.00.040.00.0%0.00.045.00.0%
Total Gains per Share1.03.00.025.0%5.07.00.041.7%7.013.00.035.0%18.022.00.045.0%19.024.02.042.2%

Fundamentals of Varonis

About Varonis Systems

Varonis Systems, Inc. provides software products and services that allow enterprises to manage, analyze, alert, and secure enterprise data in North America, Europe, the Middle East, Africa, and internationally. Its software enables enterprises to protect data stored on premises and in the cloud, including sensitive files and emails; confidential personal data belonging to customers, and patients and employees' data; financial records; source code, strategic and product plans; and other intellectual property. The company offers DatAdvantage that captures, aggregates, normalizes, and analyzes every data access event for users on Windows and UNIX/Linux servers, storage devices, email systems, intranet servers, cloud applications, and data stores; and DatAlert that profiles users, devices, and their behaviors related to systems and data, detects and alerts on deviations that indicate compromise, and provides a web-based dashboard and investigative interface. It also provides Data Classification Engine that identifies and tags data based on criteria set in various metadata dimensions, as well as provides business and information technology (IT) personnel with actionable intelligence about data; and DataPrivilege, a self-service Web portal that allows users to request access to data necessary for their business functions, and owners to grant access without IT intervention. In addition, the company offers Data Transport Engine, an execution engine that unifies the manipulation of data and metadata, translating business decisions, and instructions into technical commands, such as data migration or archiving; and DatAnswers that provides search functionality for enterprise data. It serves its products to financial services, public, healthcare, industrial, technology, insurance, energy and utilities, consumer and retail, education and construction, and engineering sectors. The company sells its products through a network of distributors and resellers. Varonis Systems, Inc. was incorporated in 2004 and is headquartered in N

Fundamental data was last updated by Penke on 2024-03-22 07:17:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is overpriced.
Based on the earnings, the company is overpriced.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Varonis Systems.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Varonis earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Varonis to the Software - Infrastructure industry mean.
  • A Net Profit Margin of 3.5% means that $0.04 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Varonis Systems:

  • The MRQ is 3.5%. The company is making a profit. +1
  • The TTM is -21.1%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ3.5%TTM-21.1%+24.7%
TTM-21.1%YOY-28.5%+7.4%
TTM-21.1%5Y-29.7%+8.5%
5Y-29.7%10Y-22.8%-6.8%
1.1.2. Return on Assets

Shows how efficient Varonis is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Varonis to the Software - Infrastructure industry mean.
  • 0.5% Return on Assets means that Varonis generated $0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Varonis Systems:

  • The MRQ is 0.5%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is -2.3%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ0.5%TTM-2.3%+2.8%
TTM-2.3%YOY-3.0%+0.6%
TTM-2.3%5Y-4.1%+1.7%
5Y-4.1%10Y-3.6%-0.5%
1.1.3. Return on Equity

Shows how efficient Varonis is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Varonis to the Software - Infrastructure industry mean.
  • 1.1% Return on Equity means Varonis generated $0.01 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Varonis Systems:

  • The MRQ is 1.1%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is -5.1%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ1.1%TTM-5.1%+6.2%
TTM-5.1%YOY-5.9%+0.8%
TTM-5.1%5Y-12.8%+7.7%
5Y-12.8%10Y-9.3%-3.5%

1.2. Operating Efficiency of Varonis Systems.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Varonis is operating .

  • Measures how much profit Varonis makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Varonis to the Software - Infrastructure industry mean.
  • An Operating Margin of -5.3% means the company generated $-0.05  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Varonis Systems:

  • The MRQ is -5.3%. The company is operating very inefficient. -2
  • The TTM is -25.9%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-5.3%TTM-25.9%+20.6%
TTM-25.9%YOY-28.4%+2.5%
TTM-25.9%5Y-28.7%+2.8%
5Y-28.7%10Y-22.1%-6.7%
1.2.2. Operating Ratio

Measures how efficient Varonis is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Software - Infrastructure industry mean).
  • An Operation Ratio of 1.03 means that the operating costs are $1.03 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Varonis Systems:

  • The MRQ is 1.034. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.255. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.034TTM1.255-0.221
TTM1.255YOY1.279-0.024
TTM1.2555Y1.284-0.030
5Y1.28410Y1.217+0.067

1.3. Liquidity of Varonis Systems.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Varonis is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Software - Infrastructure industry mean).
  • A Current Ratio of 2.50 means the company has $2.50 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Varonis Systems:

  • The MRQ is 2.501. The company is able to pay all its short-term debts. +1
  • The TTM is 3.165. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ2.501TTM3.165-0.664
TTM3.165YOY4.321-1.156
TTM3.1655Y3.217-0.053
5Y3.21710Y2.775+0.443
1.3.2. Quick Ratio

Measures if Varonis is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Varonis to the Software - Infrastructure industry mean.
  • A Quick Ratio of 3.33 means the company can pay off $3.33 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Varonis Systems:

  • The MRQ is 3.329. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 4.547. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ3.329TTM4.547-1.218
TTM4.547YOY4.673-0.126
TTM4.5475Y3.731+0.816
5Y3.73110Y3.322+0.409

1.4. Solvency of Varonis Systems.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Varonis assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Varonis to Software - Infrastructure industry mean.
  • A Debt to Asset Ratio of 0.56 means that Varonis assets are financed with 55.6% credit (debt) and the remaining percentage (100% - 55.6%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Varonis Systems:

  • The MRQ is 0.556. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.548. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.556TTM0.548+0.009
TTM0.548YOY0.502+0.046
TTM0.5485Y0.596-0.048
5Y0.59610Y0.537+0.059
1.4.2. Debt to Equity Ratio

Measures if Varonis is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Varonis to the Software - Infrastructure industry mean.
  • A Debt to Equity ratio of 125.4% means that company has $1.25 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Varonis Systems:

  • The MRQ is 1.254. The company is able to pay all its debts with equity. +1
  • The TTM is 1.214. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ1.254TTM1.214+0.041
TTM1.214YOY1.007+0.206
TTM1.2145Y1.917-0.703
5Y1.91710Y1.440+0.477

2. Market Valuation of Varonis Systems

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Varonis generates.

  • Above 15 is considered overpriced but always compare Varonis to the Software - Infrastructure industry mean.
  • A PE ratio of 227.33 means the investor is paying $227.33 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Varonis Systems:

  • The EOD is 237.517. Based on the earnings, the company is expensive. -2
  • The MRQ is 227.325. Based on the earnings, the company is expensive. -2
  • The TTM is 38.403. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD237.517MRQ227.325+10.191
MRQ227.325TTM38.403+188.923
TTM38.403YOY-33.739+72.142
TTM38.4035Y-56.354+94.756
5Y-56.35410Y-127.293+70.940
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Varonis Systems:

  • The EOD is 155.604. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is 148.928. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is 119.442. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD155.604MRQ148.928+6.677
MRQ148.928TTM119.442+29.486
TTM119.442YOY-552.656+672.098
TTM119.4425Y-44.612+164.054
5Y-44.61210Y94.607-139.219
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Varonis is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Software - Infrastructure industry mean).
  • A PB ratio of 10.09 means the investor is paying $10.09 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Varonis Systems:

  • The EOD is 10.542. Based on the equity, the company is expensive. -2
  • The MRQ is 10.089. Based on the equity, the company is expensive. -2
  • The TTM is 7.429. Based on the equity, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD10.542MRQ10.089+0.452
MRQ10.089TTM7.429+2.660
TTM7.429YOY6.619+0.810
TTM7.4295Y46.631-39.202
5Y46.63110Y44.266+2.364
2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Varonis Systems.

3.1. Institutions holding Varonis Systems

Institutions are holding 100.561% of the shares of Varonis Systems.

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2023-12-31Vanguard Group Inc10.17530.01111101652-149440-1.3282
2023-12-31BlackRock Inc10.16860.0128110943133803913.5504
2023-12-31First Trust Advisors L.P.4.05720.218744265933253477.9329
2023-12-31ClearBridge Advisors, LLC3.41210.1453722692705721.9324
2023-12-31William Blair Investment Management, LLC2.97810.42823249245-2915-0.0896
2023-12-31Cadian Capital Management LP2.88825.68433151180-423154-11.8387
2023-12-31Macquarie Group Ltd2.68540.153329298731388884.9763
2023-12-31Goldman Sachs Group Inc2.43480.010826565001432421117.0203
2023-12-31State Street Corporation2.38590.00572603057995253.9754
2023-12-31Geode Capital Management, LLC2.17840.01132376735908693.9753
2023-12-31FMR Inc2.16340.0082236031390567362.261
2023-12-31UBS Asset Mgmt Americas Inc2.04150.039722273461531680220.1746
2023-12-31ING Investment Management LLC2.01860.119222023861477512203.8302
2023-12-31Amvescap Plc.1.98230.0233216275820695892221.3279
2023-12-31RGM Capital LLC1.6283.29581776172-70717-3.829
2023-12-31Stephens Inv Mgmt Group LLC1.44241.04171573731-46129-2.8477
2023-12-31Thrivent Financial For Lutherans1.40260.1511530324-32807-2.0988
2023-09-30Jacobs Levy Equity Management, Inc.1.37630.27161501631-187556-11.1033
2023-12-31Pictet Asset Manangement SA1.35270.0737147582729109924.571
2023-12-31Loomis, Sayles & Company LP1.26540.09571380544-43704-3.0686
Total 60.037211.80165502872+7857144+12.0%

3.2. Funds holding Varonis Systems

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2024-02-29First Trust NASDAQ Cybersecurity ETF3.86733.1306421938288650.2105
2024-02-29Vanguard Total Stock Mkt Idx Inv2.98750.01073259519-7701-0.2357
2024-02-29Vanguard Small Cap Index2.44520.09642667790246250.9316
2024-02-29iShares Russell 2000 ETF2.42080.21522641155-432-0.0164
2023-12-31ClearBridge Small Cap Growth A2.18752.5942386682-26558-1.1005
2024-01-31ClearBridge Small Cap Growth2.07452.60832263354-123328-5.1673
2023-12-31Macquarie US Small Cap Core Equity1.85461.2257202339600
2024-01-31Delaware Small Cap Core I1.83261.26811999428-23968-1.1845
2024-02-29Vanguard Institutional Extnd Mkt Idx Tr1.4770.0802161148919900.1236
2024-02-29Vanguard Small Cap Growth Index Inv1.37320.21811498243237461.6104
2024-02-29Vanguard Information Technology ETF1.0520.0766114772652840.4625
2023-09-30UBS: US Equity Small Cap Growth0.99521.5441108577800
2023-12-31Fidelity Small Cap Index0.99070.19261080921129091.2087
2024-02-29Amplify Cybersecurity ETF0.94772.8526103392900
2023-12-31Stephens SMID Select Growth0.92761.14051012038-41501-3.9392
2024-02-29iShares Russell 2000 Growth ETF0.87520.427395485611330.1188
2023-10-31Pictet-Security I USD0.87110.6008950366-14498-1.5026
2023-12-31Harvey Partners Small-Cap Opportunity0.83844.8178914717-227580-19.923
2024-01-31Invesco Discovery A0.7830.9873854302232272.7948
2023-12-31Invesco OFI Small Cap Growth0.76170.97528310758310750
Total 31.562825.062134436146+467288+1.4%

3.3. Insider Transactions

Insiders are holding 2.829% of the shares of Varonis Systems.

DateOwnerTypeAmountPricePost Transaction AmountLink
2024-02-29Gili IohanSELL1950050.54
2024-02-12Avrohom J KessBUY23051.75
2024-02-09Ofer SegevSELL500052.13
2024-02-08David BassSELL11632550.32
2024-02-08Dov GottliebSELL4309148.02
2024-02-08Guy MelamedSELL18850349.88
2023-12-26James O'boyleSELL785945.51
2023-12-20James O'boyleSELL1650145.53
2023-12-18James O'boyleSELL409845.5
2023-11-02David BassSELL15000033
2023-08-22David BassSELL3400029.51
2023-08-04Avrohom J KessBUY125029.72
2023-05-22Avrohom J KessBUY35025.17

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Varonis Systems compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.425-0.027+106%-0.218+151%0.167+155%0.111+282%
Book Value Per Share--4.4884.313+4%4.787-6%3.222+39%2.029+121%
Current Ratio--2.5013.165-21%4.321-42%3.217-22%2.775-10%
Debt To Asset Ratio--0.5560.548+2%0.502+11%0.596-7%0.537+4%
Debt To Equity Ratio--1.2541.214+3%1.007+25%1.917-35%1.440-13%
Dividend Per Share----0%-0%-0%-0%
Eps--0.050-0.216+534%-0.284+671%-0.233+568%-0.139+380%
Free Cash Flow Per Share--0.0760.124-39%0.001+5523%0.000+100%0.003+2827%
Free Cash Flow To Equity Per Share--0.0650.002+2686%-0.172+366%0.277-77%0.172-62%
Gross Profit Margin---11.989-0.601-95%4.083-394%2.563-568%3.975-402%
Intrinsic Value_10Y_max--3.289--------
Intrinsic Value_10Y_min--1.300--------
Intrinsic Value_1Y_max--0.183--------
Intrinsic Value_1Y_min--0.031--------
Intrinsic Value_3Y_max--0.661--------
Intrinsic Value_3Y_min--0.180--------
Intrinsic Value_5Y_max--1.274--------
Intrinsic Value_5Y_min--0.422--------
Market Cap5161710240.000+4%4940229120.0003511146642.933+41%3483548414.900+42%6356788427.567-22%5143902773.783-4%
Net Profit Margin--0.035-0.211+699%-0.285+909%-0.297+941%-0.228+748%
Operating Margin---0.053-0.259+387%-0.284+433%-0.287+440%-0.221+314%
Operating Ratio--1.0341.255-18%1.279-19%1.284-19%1.217-15%
Pb Ratio10.542+4%10.0897.429+36%6.619+52%46.631-78%44.266-77%
Pe Ratio237.517+4%227.32538.403+492%-33.739+115%-56.354+125%-127.293+156%
Price Per Share47.310+4%45.28032.120+41%31.830+42%58.232-22%47.131-4%
Price To Free Cash Flow Ratio155.604+4%148.928119.442+25%-552.656+471%-44.612+130%94.607+57%
Price To Total Gains Ratio111.248+4%106.474-96.610+191%56.071+90%-393.783+470%-182.733+272%
Quick Ratio--3.3294.547-27%4.673-29%3.731-11%3.322+0%
Return On Assets--0.005-0.023+572%-0.030+701%-0.041+923%-0.036+827%
Return On Equity--0.011-0.051+556%-0.059+630%-0.128+1252%-0.093+936%
Total Gains Per Share--0.425-0.027+106%-0.218+151%0.167+155%0.111+282%
Usd Book Value--489648000.000471552000.000+4%524160500.000-7%352122100.000+39%221645900.000+121%
Usd Book Value Change Per Share--0.425-0.027+106%-0.218+151%0.167+155%0.111+282%
Usd Book Value Per Share--4.4884.313+4%4.787-6%3.222+39%2.029+121%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps--0.050-0.216+534%-0.284+671%-0.233+568%-0.139+380%
Usd Free Cash Flow--8293000.00013579250.000-39%118750.000+6884%-27650.000+100%281500.000+2846%
Usd Free Cash Flow Per Share--0.0760.124-39%0.001+5523%0.000+100%0.003+2827%
Usd Free Cash Flow To Equity Per Share--0.0650.002+2686%-0.172+366%0.277-77%0.172-62%
Usd Market Cap5161710240.000+4%4940229120.0003511146642.933+41%3483548414.900+42%6356788427.567-22%5143902773.783-4%
Usd Price Per Share47.310+4%45.28032.120+41%31.830+42%58.232-22%47.131-4%
Usd Profit--5433000.000-23646250.000+535%-31129500.000+673%-25436900.000+568%-15235025.000+380%
Usd Revenue--154099000.000124790000.000+23%118408500.000+30%95490350.000+61%69761850.000+121%
Usd Total Gains Per Share--0.425-0.027+106%-0.218+151%0.167+155%0.111+282%
 EOD+4 -4MRQTTM+22 -12YOY+22 -125Y+24 -1010Y+24 -10

4.2. Fundamental Score

Let's check the fundamental score of Varonis Systems based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15237.517
Price to Book Ratio (EOD)Between0-110.542
Net Profit Margin (MRQ)Greater than00.035
Operating Margin (MRQ)Greater than0-0.053
Quick Ratio (MRQ)Greater than13.329
Current Ratio (MRQ)Greater than12.501
Debt to Asset Ratio (MRQ)Less than10.556
Debt to Equity Ratio (MRQ)Less than11.254
Return on Equity (MRQ)Greater than0.150.011
Return on Assets (MRQ)Greater than0.050.005
Total4/10 (40.0%)

4.3. Technical Score

Let's check the technical score of Varonis Systems based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5041.772
Ma 20Greater thanMa 5049.199
Ma 50Greater thanMa 10048.232
Ma 100Greater thanMa 20045.026
OpenGreater thanClose47.280
Total3/5 (60.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2022-12-312023-03-312023-06-302023-09-302023-12-31
Inventory  0000000-65,206-65,206
Income before Tax  -5,723-29,620-35,3434,092-31,25110,738-20,51320,702189
Net Income  -10,748-27,556-38,304-393-38,69715,680-23,01728,4505,433
Income Tax Expense  5,025-2,0642,9614,4857,446-4,9422,504-7,748-5,244



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in USD. All numbers in thousands.

Summary
Total Assets1,103,910
Total Liabilities614,262
Total Stockholder Equity489,648
 As reported
Total Liabilities 614,262
Total Stockholder Equity+ 489,648
Total Assets = 1,103,910

Assets

Total Assets1,103,910
Total Current Assets767,157
Long-term Assets336,753
Total Current Assets
Cash And Cash Equivalents 230,740
Short-term Investments 302,975
Net Receivables 184,522
Inventory -65,206
Other Current Assets 114,126
Total Current Assets  (as reported)767,157
Total Current Assets  (calculated)767,157
+/-0
Long-term Assets
Property Plant Equipment 85,802
Goodwill 23,135
Long Term Investments 211,063
Intangible Assets 1,263
Long-term Assets Other 15,490
Long-term Assets  (as reported)336,753
Long-term Assets  (calculated)336,753
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities306,778
Long-term Liabilities307,484
Total Stockholder Equity489,648
Total Current Liabilities
Short-term Debt 10,049
Accounts payable 672
Other Current Liabilities 115,008
Total Current Liabilities  (as reported)306,778
Total Current Liabilities  (calculated)125,729
+/- 181,049
Long-term Liabilities
Long term Debt 250,477
Capital Lease Obligations Min Short Term Debt51,313
Long-term Liabilities Other 4,808
Long-term Liabilities  (as reported)307,484
Long-term Liabilities  (calculated)306,598
+/- 886
Total Stockholder Equity
Common Stock109
Retained Earnings -644,390
Accumulated Other Comprehensive Income -8,649
Other Stockholders Equity 1,142,578
Total Stockholder Equity (as reported)489,648
Total Stockholder Equity (calculated)489,648
+/-0
Other
Capital Stock109
Cash and Short Term Investments 533,715
Common Stock Shares Outstanding 109,008
Current Deferred Revenue181,049
Liabilities and Stockholders Equity 1,103,910
Net Debt 81,099
Net Invested Capital 740,125
Net Working Capital 460,379
Property Plant and Equipment Gross 131,326
Short Long Term Debt Total 311,839



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-31
> Total Assets 
37,694
0
0
33,663
47,254
144,506
143,344
141,668
156,847
141,818
143,593
144,645
165,144
149,811
153,728
155,874
181,838
168,142
182,440
190,994
232,152
224,925
237,067
245,879
284,978
305,446
304,020
298,152
318,312
286,982
498,296
502,519
555,482
1,037,807
1,032,332
1,058,482
1,108,537
1,051,562
1,052,287
1,058,508
1,043,732
1,011,320
1,036,893
1,020,709
1,103,910
1,103,9101,020,7091,036,8931,011,3201,043,7321,058,5081,052,2871,051,5621,108,5371,058,4821,032,3321,037,807555,482502,519498,296286,982318,312298,152304,020305,446284,978245,879237,067224,925232,152190,994182,440168,142181,838155,874153,728149,811165,144144,645143,593141,818156,847141,668143,344144,50647,25433,6630037,694
   > Total Current Assets 
36,278
0
0
31,672
43,773
141,916
140,439
137,981
152,526
136,018
136,597
136,338
156,402
140,827
144,571
146,098
171,319
156,578
170,462
178,621
219,283
205,071
217,001
225,685
259,090
220,326
207,130
198,297
208,557
177,299
390,429
401,131
419,848
899,836
896,956
911,549
959,207
903,507
906,592
916,593
905,657
876,044
905,324
686,082
767,157
767,157686,082905,324876,044905,657916,593906,592903,507959,207911,549896,956899,836419,848401,131390,429177,299208,557198,297207,130220,326259,090225,685217,001205,071219,283178,621170,462156,578171,319146,098144,571140,827156,402136,338136,597136,018152,526137,981140,439141,91643,77331,6720036,278
       Cash And Cash Equivalents 
14,470
0
0
15,254
9,633
125,496
120,128
115,237
76,593
77,919
69,778
69,927
49,241
54,455
56,102
41,688
48,315
51,070
53,539
53,478
56,689
70,778
73,636
67,868
48,707
64,461
69,159
52,984
68,929
77,533
239,979
231,458
234,092
753,606
781,357
803,144
805,761
775,719
753,172
754,245
367,800
248,585
399,196
111,196
230,740
230,740111,196399,196248,585367,800754,245753,172775,719805,761803,144781,357753,606234,092231,458239,97977,53368,92952,98469,15964,46148,70767,86873,63670,77856,68953,47853,53951,07048,31541,68856,10254,45549,24169,92769,77877,91976,593115,237120,128125,4969,63315,2540014,470
       Short-term Investments 
343
0
0
344
4,344
357
102
102
35,102
35,102
35,102
35,102
57,103
57,353
52,353
70,353
65,493
70,250
68,039
74,963
79,868
82,892
85,045
90,214
110,208
99,170
77,173
78,397
51,531
48,737
86,116
94,112
64,170
70,364
32,311
10,286
1,850
28,372
35,591
36,106
364,688
507,685
354,558
413,891
302,975
302,975413,891354,558507,685364,68836,10635,59128,3721,85010,28632,31170,36464,17094,11286,11648,73751,53178,39777,17399,170110,20890,21485,04582,89279,86874,96368,03970,25065,49370,35352,35357,35357,10335,10235,10235,10235,1021021023574,34434400343
       Net Receivables 
20,035
0
0
14,154
28,268
14,254
18,854
21,146
37,869
20,643
28,949
28,186
47,436
24,400
33,493
30,125
53,861
27,466
41,313
44,680
75,596
32,468
41,393
52,938
83,223
41,796
45,563
51,866
75,050
38,265
48,766
60,111
94,229
51,302
60,145
71,382
117,179
63,604
83,929
91,685
135,979
75,393
103,668
111,084
184,522
184,522111,084103,66875,393135,97991,68583,92963,604117,17971,38260,14551,30294,22960,11148,76638,26575,05051,86645,56341,79683,22352,93841,39332,46875,59644,68041,31327,46653,86130,12533,49324,40047,43628,18628,94920,64337,86921,14618,85414,25428,26814,1540020,035
       Inventory 
1,213
0
0
171
1,301
199
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-65,206
-65,206000000000000000000000000000000000000001991,301171001,213
       Other Current Assets 
217
0
0
1,749
227
1,610
1,355
1,496
2,962
2,354
2,768
3,123
2,622
4,619
2,623
3,932
3,650
7,792
7,571
5,500
7,130
18,933
16,927
14,665
16,952
14,899
15,235
15,050
13,047
12,764
15,568
15,450
27,357
24,564
23,143
26,737
34,417
35,812
33,900
34,557
37,190
44,381
47,902
49,911
114,126
114,12649,91147,90244,38137,19034,55733,90035,81234,41726,73723,14324,56427,35715,45015,56812,76413,04715,05015,23514,89916,95214,66516,92718,9337,1305,5007,5717,7923,6503,9322,6234,6192,6223,1232,7682,3542,9621,4961,3551,6102271,74900217
   > Long-term Assets 
1,416
0
0
1,991
3,481
2,590
2,905
3,687
4,321
5,800
6,996
8,307
8,742
8,984
9,157
9,776
10,519
11,564
11,978
12,373
12,869
19,854
20,066
20,194
25,888
85,120
96,890
99,855
109,755
109,683
107,867
101,388
135,634
137,971
135,376
146,933
149,330
148,055
145,695
141,915
138,075
135,276
131,569
334,627
336,753
336,753334,627131,569135,276138,075141,915145,695148,055149,330146,933135,376137,971135,634101,388107,867109,683109,75599,85596,89085,12025,88820,19420,06619,85412,86912,37311,97811,56410,5199,7769,1578,9848,7428,3076,9965,8004,3213,6872,9052,5903,4811,991001,416
       Property Plant Equipment 
1,298
0
0
1,565
1,856
2,210
2,610
2,737
3,989
5,474
6,426
7,832
8,265
8,490
8,646
9,231
9,910
10,786
11,160
11,512
11,896
12,180
12,342
12,593
17,323
72,940
83,741
84,234
91,395
90,657
87,860
79,702
85,087
89,930
87,175
99,386
102,047
100,846
100,148
96,945
95,815
93,335
90,521
87,075
85,802
85,80287,07590,52193,33595,81596,945100,148100,846102,04799,38687,17589,93085,08779,70287,86090,65791,39584,23483,74172,94017,32312,59312,34212,18011,89611,51211,16010,7869,9109,2318,6468,4908,2657,8326,4265,4743,9892,7372,6102,2101,8561,565001,298
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
23,135
23,135
23,135
23,135
23,135
23,135
23,135
23,135
23,135
23,135
23,135
23,135
23,135
23,13523,13523,13523,13523,13523,13523,13523,13523,13523,13523,13523,13523,13500000000000000000000000000000000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
206,440
211,063
211,063206,4400000000000000000000000000000000000000000000
       Intangible Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
5,846
5,462
5,078
4,695
4,313
3,931
3,550
3,169
2,788
2,406
2,025
1,644
1,263
1,2631,6442,0252,4062,7883,1693,5503,9314,3134,6955,0785,4625,84600000000000000000000000000000000
       Other Assets 
118
0
0
0
1,625
380
295
950
332
326
570
475
477
494
511
545
609
778
818
861
973
7,674
7,724
7,601
8,565
12,180
13,149
15,621
18,360
19,026
20,007
21,686
21,566
19,444
19,988
19,717
19,835
0
18,862
18,666
16,337
0
0
0
0
000016,33718,66618,862019,83519,71719,98819,44421,56621,68620,00719,02618,36015,62113,14912,1808,5657,6017,7247,6749738618187786095455114944774755703263329502953801,625000118
> Total Liabilities 
75,142
0
0
78,920
43,621
42,239
44,652
48,522
61,821
57,349
62,357
65,792
81,557
71,965
79,357
79,551
99,099
88,872
100,208
103,950
130,574
119,446
133,262
135,818
159,608
195,451
203,826
200,382
224,780
206,941
419,766
419,599
461,411
459,217
461,946
481,512
511,944
515,784
525,855
526,201
541,607
530,042
566,184
576,136
614,262
614,262576,136566,184530,042541,607526,201525,855515,784511,944481,512461,946459,217461,411419,599419,766206,941224,780200,382203,826195,451159,608135,818133,262119,446130,574103,950100,20888,87299,09979,55179,35771,96581,55765,79262,35757,34961,82148,52244,65242,23943,62178,9200075,142
   > Total Current Liabilities 
28,347
0
0
29,921
40,397
38,720
41,051
43,549
53,210
48,493
53,040
56,220
71,316
62,021
69,741
69,575
88,245
77,737
89,574
91,915
116,979
105,154
119,055
121,793
146,340
132,769
135,171
133,671
159,579
145,148
144,901
148,442
182,636
179,259
181,561
181,616
211,771
196,094
208,908
209,429
228,743
217,343
254,750
266,561
306,778
306,778266,561254,750217,343228,743209,429208,908196,094211,771181,616181,561179,259182,636148,442144,901145,148159,579133,671135,171132,769146,340121,793119,055105,154116,97991,91589,57477,73788,24569,57569,74162,02171,31656,22053,04048,49353,21043,54941,05138,72040,39729,9210028,347
       Short-term Debt 
0
0
0
0
0
0
0
0
16,715
0
0
0
22,184
0
0
0
27,376
0
0
0
41,261
0
0
0
51,032
3,468
0
0
61,934
0
0
0
0
0
0
0
102,164
0
0
9,721
9,872
9,846
-680
-1,328
10,049
10,049-1,328-6809,8469,8729,72100102,164000000061,934003,46851,03200041,26100027,37600022,18400016,71500000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3,468
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000000003,4680000000000000000000000000
       Accounts payable 
1,896
0
0
1,512
2,163
2,089
2,300
2,754
2,703
2,122
2,584
2,215
2,612
702
2,074
944
1,288
1,582
1,348
1,366
635
483
1,899
3,145
2,620
624
2,299
2,999
997
823
678
767
850
637
3,167
3,446
5,324
4,771
4,757
5,989
2,962
708
680
1,328
672
6721,3286807082,9625,9894,7574,7715,3243,4463,1676378507676788239972,9992,2996242,6203,1451,8994836351,3661,3481,5821,2889442,0747022,6122,2152,5842,1222,7032,7542,3002,0892,1631,512001,896
       Other Current Liabilities 
7,427
0
0
8,488
11,643
11,442
12,883
14,881
39
14,480
16,867
19,055
845
18,118
22,714
22,197
1,103
21,579
30,769
32,166
1,192
36,190
45,493
46,104
4,959
50,301
53,794
53,694
673
59,994
65,094
66,483
83,198
87,026
91,973
91,917
62
92,560
105,782
109,250
105,359
97,492
124,023
121,108
115,008
115,008121,108124,02397,492105,359109,250105,78292,5606291,91791,97387,02683,19866,48365,09459,99467353,69453,79450,3014,95946,10445,49336,1901,19232,16630,76921,5791,10322,19722,71418,11884519,05516,86714,4803914,88112,88311,44211,6438,488007,427
   > Long-term Liabilities 
46,795
0
0
48,999
3,224
3,519
3,601
4,973
8,611
8,856
9,317
9,572
10,241
9,944
9,616
9,976
10,854
11,135
10,634
12,035
13,595
14,292
14,207
14,025
13,268
62,682
68,655
66,711
65,201
61,793
274,865
271,157
278,775
279,958
280,385
299,896
300,173
319,690
316,947
316,772
312,864
312,699
311,434
309,575
307,484
307,484309,575311,434312,699312,864316,772316,947319,690300,173299,896280,385279,958278,775271,157274,86561,79365,20166,71168,65562,68213,26814,02514,20714,29213,59512,03510,63411,13510,8549,9769,6169,94410,2419,5729,3178,8568,6114,9733,6013,5193,22448,9990046,795
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
215,144
216,791
218,460
220,149
221,857
223,584
225,330
247,846
248,216
248,589
248,963
249,339
249,716
0
0
00249,716249,339248,963248,589248,216247,846225,330223,584221,857220,149218,460216,791215,144000000000000000000000000000000
       Other Liabilities 
8,836
0
0
0
6,090
3,519
3,601
4,973
8,611
8,856
9,317
9,572
10,241
9,944
9,616
9,976
10,854
11,135
10,634
12,035
13,595
14,292
14,207
14,025
13,268
9,985
8,813
8,044
8,161
7,213
6,182
5,989
5,775
5,426
5,808
5,994
6,149
0
6,749
9,316
6,274
0
0
0
0
00006,2749,3166,74906,1495,9945,8085,4265,7755,9896,1827,2138,1618,0448,8139,98513,26814,02514,20714,29213,59512,03510,63411,13510,8549,9769,6169,94410,2419,5729,3178,8568,6114,9733,6013,5196,0900008,836
       Deferred Long Term Liability 
0
0
0
0
0
2,087
2,146
3,083
3,464
3,225
3,031
2,931
3,096
2,868
2,674
2,739
3,562
4,261
3,889
5,047
7,034
6,247
6,274
6,374
6,487
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000000006,4876,3746,2746,2477,0345,0473,8894,2613,5622,7392,6742,8683,0962,9313,0313,2253,4643,0832,1462,08700000
> Total Stockholder Equity
-37,448
0
0
-45,257
3,633
102,267
98,692
93,146
95,026
84,469
81,236
78,853
83,587
77,846
74,371
76,323
82,739
79,270
82,232
87,044
101,578
105,479
103,805
110,061
125,370
109,995
100,194
97,770
93,532
80,041
78,530
82,920
94,071
578,590
570,386
576,970
596,593
535,778
526,432
532,307
502,125
481,278
470,709
444,573
489,648
489,648444,573470,709481,278502,125532,307526,432535,778596,593576,970570,386578,59094,07182,92078,53080,04193,53297,770100,194109,995125,370110,061103,805105,479101,57887,04482,23279,27082,73976,32374,37177,84683,58778,85381,23684,46995,02693,14698,692102,2673,633-45,25700-37,448
   Common Stock
4
0
0
4
19
24
24
24
25
25
25
26
26
26
26
27
27
27
27
28
28
29
29
29
30
30
30
30
31
31
32
32
32
106
107
107
108
110
110
110
108
110
110
109
109
10910911011010811011011010810710710632323231313030303029292928282727272726262626252525242424194004
   Retained Earnings -644,390-643,492-620,475-581,778-543,474-532,726-504,009-467,719-427,603-402,660-379,346-346,398-310,742-291,710-272,485-248,162-216,732-202,082-185,095-160,607-137,968-144,436-137,119-124,437-122,454-127,988-124,674-119,639-106,144-109,666-105,277-98,784-88,434-91,068-86,143-79,821-67,151-66,820-60,466-55,827-47,753-49,26900-40,278
   Accumulated Other Comprehensive Income 
-1,886
0
0
0
-2,661
-22
47
-542
-326
-446
610
67
-331
893
48
379
-479
1,645
2,128
1,009
136
-1,973
-2,838
-1,742
-3,633
-688
258
771
-449
291
3,536
3,665
9,371
4,191
3,093
2,528
6,083
2,894
-7,919
-12,357
-9,557
-14,381
-18,019
-23,120
-8,649
-8,649-23,120-18,019-14,381-9,557-12,357-7,9192,8946,0832,5283,0934,1919,3713,6653,536291-449771258-688-3,633-1,742-2,838-1,9731361,0092,1281,645-47937948893-33167610-446-326-54247-22-2,661000-1,886
   Capital Surplus 
0
0
0
0
0
158,092
159,087
160,484
162,478
164,711
166,744
169,828
172,326
175,711
179,574
185,583
189,335
197,237
204,751
213,995
223,868
231,860
243,733
256,210
266,941
271,260
285,001
299,051
310,682
327,881
347,447
370,933
395,410
920,691
946,532
976,995
1,018,005
1,000,493
1,038,250
1,077,280
1,055,048
1,077,327
1,109,093
0
0
001,109,0931,077,3271,055,0481,077,2801,038,2501,000,4931,018,005976,995946,532920,691395,410370,933347,447327,881310,682299,051285,001271,260266,941256,210243,733231,860223,868213,995204,751197,237189,335185,583179,574175,711172,326169,828166,744164,711162,478160,484159,087158,09200000
   Treasury Stock000000000000000000000000000000000000000000000
   Other Stockholders Equity 
4,712
0
0
4,008
54,028
13,586
159,087
160,484
162,478
164,711
166,744
169,828
172,326
175,711
179,574
185,583
189,335
197,237
204,751
213,995
223,868
231,860
243,733
256,210
266,941
271,260
285,001
299,051
310,682
327,881
347,447
370,933
395,410
920,691
946,532
976,995
1,018,005
1,000,493
1,038,250
1,077,280
1,055,048
1,077,327
1,109,093
1,111,076
1,142,578
1,142,5781,111,0761,109,0931,077,3271,055,0481,077,2801,038,2501,000,4931,018,005976,995946,532920,691395,410370,933347,447327,881310,682299,051285,001271,260266,941256,210243,733231,860223,868213,995204,751197,237189,335185,583179,574175,711172,326169,828166,744164,711162,478160,484159,08713,58654,0284,008004,712



Balance Sheet

Currency in USD. All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in USD. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue499,160
Cost of Revenue-71,751
Gross Profit427,409427,409
 
Operating Income (+$)
Gross Profit427,409
Operating Expense-544,632
Operating Income-117,223-117,223
 
Operating Expense (+$)
Research Development183,838
Selling General Administrative82,901
Selling And Marketing Expenses277,893
Operating Expense544,632544,632
 
Net Interest Income (+$)
Interest Income34,561
Interest Expense-3,197
Other Finance Cost-7,369
Net Interest Income23,995
 
Pretax Income (+$)
Operating Income-117,223
Net Interest Income23,995
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-86,918-147,528
EBIT - interestExpense = -120,420
-86,918
-97,719
Interest Expense3,197
Earnings Before Interest and Taxes (EBIT)-117,223-83,721
Earnings Before Interest and Taxes (EBITDA)-117,223
 
After tax Income (+$)
Income Before Tax-86,918
Tax Provision-17,936
Net Income From Continuing Ops-110,766-104,854
Net Income-100,916
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses616,383
Total Other Income/Expenses Net30,305-23,995
 

Technical Analysis of Varonis
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Varonis. The general trend of Varonis is BULLISH with 57.1% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Varonis's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (57.1%) Bearish trend (-57.1%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Varonis Systems.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 48.11 < 52.30 < 52.88.

The bearish price targets are: 45.45 > 44.66 > 43.94.

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Varonis Systems Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Varonis Systems. The current mas is .

The long score for the Moving Averages is 11/14.
The longshort score for the Moving Averages is 8/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Varonis Systems Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Varonis Systems. The current macd is -0.29560624.

The long score for the Moving Average Convergence/Divergence (MACD) is 0/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -4/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Varonis price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Varonis. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Varonis price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Varonis Systems Daily Moving Average Convergence/Divergence (MACD) ChartVaronis Systems Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Varonis Systems. The current adx is 14.15.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -2/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Varonis shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bearish trend could be forming. -1
Varonis Systems Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Varonis Systems. The current sar is 52.76.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Varonis Systems Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Varonis Systems. The current rsi is 41.77. The current phase is Correction in bull market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is -2/(-13 +13).

  • Correction in bull market: Moderate price decline, potential pause in the uptrend. Reassess the market, wait for signs of stabilization.
  • Trending up: The RSI is trending up. +1
Varonis Systems Daily Relative Strength Index (RSI) ChartVaronis Systems Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Varonis Systems. The current phase is Oversold in bull market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 0/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Varonis price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Varonis Systems Daily Stochastic Oscillator ChartVaronis Systems Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Varonis Systems. The current cci is -173.60132425.

The long score for the Commodity Channel Index (CCI) is 0/1.
The longshort score for the Commodity Channel Index (CCI) is -1/(-1 +1).

  • CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1
Varonis Systems Daily Commodity Channel Index (CCI) ChartVaronis Systems Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Varonis Systems. The current cmo is -27.74113234.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Varonis Systems Daily Chande Momentum Oscillator (CMO) ChartVaronis Systems Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Varonis Systems. The current willr is -80.68669528.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is -1/(-1 +1).

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
Varonis Systems Daily Williams %R ChartVaronis Systems Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Varonis Systems.

Varonis Systems Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Varonis Systems. The current atr is 1.35364028.

Varonis Systems Daily Average True Range (ATR) ChartVaronis Systems Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Varonis Systems. The current obv is 39,260,542.

Varonis Systems Daily On-Balance Volume (OBV) ChartVaronis Systems Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Varonis Systems. The current mfi is 32.70.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Varonis Systems Daily Money Flow Index (MFI) ChartVaronis Systems Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Varonis Systems.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-03STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-07ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-09STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-10STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-14BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-17STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-22STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-24STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-28STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-29STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-01STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-04STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-06STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-11STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-13STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-14MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-18STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-20STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-21SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-22STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-26WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-28SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-02SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-01-03CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-04DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-01-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-08DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-09SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-10WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-11CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-18CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-19SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-22STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-24STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-25STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-30CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-31STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-01STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-06MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-08WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-12RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-21MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-22DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-27MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-28STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-01WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-04SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-05MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-06STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-12CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-13CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-14CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-15WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-19CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-22DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-26SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-03-27STOCH SHORT EXITThe %K line crosses above the %D line.

6.3. Candlestick Patterns

Varonis Systems Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Varonis Systems based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5041.772
Ma 20Greater thanMa 5049.199
Ma 50Greater thanMa 10048.232
Ma 100Greater thanMa 20045.026
OpenGreater thanClose47.280
Total3/5 (60.0%)
Penke

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