As a result of the pandemic, online shopping has taken over the retail market.

SmallCapFirm

Could Nasdaq Profile (VERB) Be Breakout Bound After A Recent Vertical Surge? Read Now

Barchart Reports VERB To Be A "100% BUY" Based On Overall Technical Indicators

February 24th

SCF Readers,

As a result of the pandemic, online shopping has taken over the retail market.

Government-imposed safety measures have been a main driving force behind this massive shift, with many choosing to stay indoors. And as online shopping becomes the new norm among consumers, many companies have had to rethink their business models to account for this change.

According to a study conducted by DealAid, 90% of consumers have spent more time shopping online since the start of the health crisis.

A recent McKinsey report showed that more than 60% of consumers had changed their shopping habits, and shopping online is expected to grow 37% more next year.

And in observing these new spending behaviors, it's important for companies to create engagement that corresponds with this new landscape (which doesn't seem to be going away any time soon).

There is one such company to get on your radar now that is helping companies adapt to this online market:

Verb Technology Company, Inc. (VERB)

Verb Technology Company, Inc. (NASDAQ: VERB) is rapidly emerging as the market leader in interactive video-based customer relationship management (“CRM”) sales and marketing applications. With offices in California and Utah, VERB provides next-generation CRM lead generation, sales enablement, and video marketing software applications to sales-based organizations in 60 countries and in 48 languages.

The Company’s proprietary and patent-pending technology platform produces real-time, measurable results with some customers reporting greater than 600% increases in conversion rates. VERB's software-as-a-service (SaaS) products are cloud-based, accessible on all mobile and desktop devices, and are available by subscription for individual and enterprise users.

Right now, VERB has 5 potential catalysts that could lead to a continued vertical move in the short term. They are as follows...

Your No. 1 Potential VERB Catalyst - Bullish Technicals

As of close Tuesday, VERB had several triggered technical indicators that could be signaling a continued vertical move we've seen in recent days.

Here are the bullish technicals triggered according to Barchart:

Short Term Indicators

20 Day Moving Average

20 - 50 Day MACD Oscillator

20 - 100 Day MACD Oscillator

20 - 200 Day MACD Oscillator

Medium Term Indicators

50 Day Moving Average

50 - 100 Day MACD Oscillator

50 - 150 Day MACD Oscillator

50 - 200 Day MACD Oscillator

Long Term Indicators

100 Day Moving Average

150 Day Moving Average

200 Day Moving Average

100 - 200 Day MACD Oscillator

The website also reports VERB's composite "TrendSpotter" indicator to be triggered as a "BUY."

Furthermore, Barchart recognizes VERB as a "100% BUY" in the short, medium and long term while giving this profile a "100% BUY" based on overall technical indicators.

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Your No. 2 Potential VERB Catalyst - Chart Growth/Trading From Support

Take a look at the moves VERB has been making over the past 3 months:

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VERB has possibly developed strong potential support as it now trades above 3 key lines in its:

  • 50-Day Simple Moving Average (SMA),
  • 200-Day Simple Moving Average, and its
  • 13-Day Exponential Moving Average (EMA).

The more potential support builds up, the more possibility for a continued vertical move up the charts.

Additionally, as of close Tuesday, VERB was trading above its 5-Day EMA and its 13-Day EMA.

On top of that, its 5-Day EMA is trading above its 13-Day EMA which signals a profile that has been trending in the right direction in the short term and could be gaining momentum.

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Your No. 3 Potential VERB Catalyst - Analyst Coverage

Back in January, Alliance Global Partners analyst Brian Kinstlinger raised the firm's price target on Verb Technology to $2.75 from $2 and kept a "Buy" rating on the shares.

Recent product launches, including checks that suggest verbLIVE was recently launched, give him greater confidence that Verb will see accelerated revenue growth in 2021.

Litchfield Hills Research analyst Theodore O'Neill reinstates coverage on Verb technology Co. Inc. with a "Buy" rating and a price target of $4.00.

As you can see from these two targets, multiple analysts currently see VERB as undervalued from Tuesday's closing valuation.

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Your No. 4 Potential VERB Catalyst - #1 Ranking For App

VERB Technology Ranked #1 by Social Selling News’ Rankings for Direct Selling Apps

VERB’s industry-leading sales enablement platform continues to gain traction with enterprise clients as provider with the most number of direct selling clients

NEWPORT BEACH, Calif. and SALT LAKE CITY, Jan. 08, 2021 (GLOBE NEWSWIRE) -- VERB Technology Company, Inc. (Nasdaq: VERB) ("VERB" or the "Company"), a leader in interactive video-based sales enablement applications, including interactive livestream ecommerce, webinar, CRM and marketing applications for entrepreneurs and enterprises, today announced that it was ranked first in Social Selling News’ January 2021 The Ranks list for companies that provide apps for direct selling, ranked by the number of clients invoiced over the past 12 months. VERB led the list with 103 direct selling clients, almost double its closest competitors, confirming its dominant position in the direct selling industry.

Social Selling News is the direct selling industry's go-to source for news and actionable insights, and delivers direct selling channel professionals the latest in trends and developments in the world of direct selling. Each month, it issues a list called The Ranks that highlights companies, people or trends important to the direct selling channel.

VERB’s sales enablement solutions bridge the gap between effective in-person selling and remote work and communications by providing powerful and easy-to-use interactive video-based features in its four direct selling solutions: verbCRM, its customer relationship management (CRM) tool for sales lead generation and content management with clickable in-video ecommerce capabilities for large sales enterprises; verbLIVE, its livestream ecommerce and webinar product, which combines the best features of popular livestream platforms such as Zoom, Facebook Live and WebEx with clickable in-video shopping capabilities, including Shopify; verbTEAMS, a self on-boarding version of verbCRM for small businesses and solo entrepreneurs with verbLIVE and one-click Salesforce synchronization built-in, as well as enhanced content management capabilities; and verbLEARN, a gamified learning management system for education and training with clickable in-video technology. verbLIVE is fully integrated with Salesforce, and soon with Microsoft Outlook.

We are thrilled to see continued traction for the VERB platform,” said Rory J. Cutaia, VERB CEO. “With verbLIVE, our livestream ecommerce solution that we are showcasing at CES 2021 next week, our users are seeing higher productivity as they are able to increase client and prospect engagement and drive sales conversion rates remotely, in a friction-free, video-based setting that also provides useful real-time analytics on viewer engagement. We look forward to continuing our strong 2020 momentum throughout 2021.

Read the full article here.

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Your No. 5 Potential VERB Catalyst - AppExchange Demo Jam Competition Champ

VERB Wi-ns Salesforce’s November AppExchange Demo Jam for Productivity Apps

  • McKinley Oswald, VERB’s President of Global Sales, provided a wi-nning demo of VERB’s livestream ecommerce and webinar offering, verbLIVE, in a medical device sales setting
  • verbLIVE demo chosen by a live virtual audience of clients and AppExchange Partners

NEWPORT BEACH, Calif. and SALT LAKE CITY, Dec. 01, 2020 (GLOBE NEWSWIRE) -- VERB Technology Company, Inc. (Nasdaq: VERB) ("VERB" or the "Company"), a leader in interactive video-based sales enablement applications, including interactive livestream ecommerce, webinar, CRM and marketing applications for entrepreneurs and enterprises, today announced that it won Salesforce’s November AppExchange Demo Jam competition.

Demo Jam, which began in 2015, is a monthly, gameshow-style event where participating Salesforce AppExchange partners demonstrate their technology in three minutes before a live virtual audience that votes for their favorite demo. For November 2020, Demo Jam’s theme was “Productivity Apps” and featured five other companies in addition to VERB: Adobe, Prolifiq, Seismic, Smartsheet, and Mockup Components. A replay of the event can be viewed here at November Demo Jam; VERB’s demo begins at the 27:38 mark.

McKinley Oswald, VERB’s President of Global Sales, provided a demo of VERB’s livestream ecommerce and webinar offering, verbLIVE, on the Salesforce platform. His presentation demonstrated how easily and seamlessly verbLIVE can be launched from Salesforce, invite their leads and contacts, and then host a live meeting. He simulated a livestreamed medical device sales meeting, highlighting the interactive features Salesforce users can leverage, including links for additional product explainer videos, calendars to set up appointments for questions and follow-ups and a web page that opens up a 3D view of the device. Other key features described included the ability to see questions of meeting participants and the generation of analytics reports summarizing each participant’s interaction during the meeting – all purpose-built for a friction-free sales environment that enhances the salesperson’s productivity.

We are thrilled to have earned this recognition from clients and our AppExchange Partner peers,” said Rory J. Cutaia, VERB CEO. “We fully integrated verbLIVE into the Salesforce platform in July, and while we only just made it available on the AppExchange marketplace in August, we have already gained significant traction in the form of user downloads from Salesforce users. Approximately 75% of clients of our medical sales enablement business from the recent SoloFire acquisition, which McKinley used for this demo, are on the Salesforce platform, giving us a tremendous opportunity to leverage this strong Salesforce user base and meaningfully grow the number of verbLIVE users.

Read the full article here.

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Top 5 Potential Catalysts Recap - (VERB)

No. 1 - Bullish Technicals

No. 2 - Chart Growth/Trading From Support

No. 3 - Analyst Coverage

No. 4 - #1 Ranking For App

No. 5 - AppExchange Demo Jam Competition Champ

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Coverage is officially initiated on VERB. When you have a moment later, do this:

image

If there are any updates today, I'll get them out to you quickly. Talk again shortly.

Sincerely,

Axel Adams

Editor, SCF


finance.yahoo.com/news/verb-technology-co-inc-transforming-141543217.html


(Always Remember The Stock Prices Could Be Significantly Lower Now From The Dates I Provided.)​

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