VERB is off to a strong start. Currently up approximately 12%, VERB has already hit a high of $2.70.

SmallCapFirm

VERB Update: Today's Nasdaq Profile Is Up Approximately 12% Early (Breaking News)

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

February 24th

SCF Readers,

VERB is off to a strong start.

Currently up approximately 12%, VERB has already hit a high of $2.70.

Today's early burst could have a lot to do with the company's major press release. Read it now:

VERB to Offer Its Livestream eCommerce App Free to All Small Businesses in the U.S. Affected by the Pandemic

NEWPORT BEACH, Calif. and SALT LAKE CITY, Feb. 24, 2021 (GLOBE NEWSWIRE) -- VERB Technology Company, Inc. (Nasdaq: VERB) ("VERB" or the "Company"), a rapidly emerging market leader in business-focused interactive video sales and marketing tools, including livestream ecommerce, CRM, and content management applications, today announced that it is offering its LIVE STREAM ECOMMERCE technology to small businesses all over the country for free to help navigate the challenges the pandemic has created. Through their verbTEAMS app, users can create their own QVC and Home Shopping Network-style live broadcasts showcasing and promoting their products or services with one big difference - viewers can actually click right in the livestream video broadcast and purchase in real-time. It also has an on-screen real-time interactive chat feature that produces a true social experience allowing viewers to ask questions of the host as well as chat with one another during the live broadcast. It’s as close as you can get to an actual in-store buying experience, and in many ways better, more engaging and more fun. Think Zoom and Shopify combined with your favorite live chat feature.

Read the full article here.

Wow! That's some awesome news.

Pair this with VERB's other potential catalysts including a stunning amount of triggered technical indicators and we could see a continued vertical move short term.

If you haven't read my initial report, do so now and get VERB on your radar now.

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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.

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:

image

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.

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.

[...]

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.

[...]

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 more 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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