Overall VRDN gets a technical rating of 8 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Although VRDN has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
11.83
We found 4 important support areas.
- A support zone ranging from 30.15 to 31.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @28.83 from a trend line in the daily time frame.
- Support @24.25 from a trend line in the daily time frame.
- Support @11.95 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 32.58 to 33.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for VRDN is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for VRDN is neutral. |
| ChartMill Relative Strength | 93.59 | POSITIVE | VRDN has a high relative strength, it outperformed 93.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of VRDN is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VRDN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VRDN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.24 | NEUTRAL | The RSI value for VRDN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests VRDN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 63.64 | NEUTRAL | The Stochastics value for VRDN is a neutral value. |
| Average True Range in percent/ATR (20) | 3.53 | MEDIUM VOLATILITY | The ATR as a percentage value for VRDN suggests some volalility. |
| Average Directional Index/ADX (14) | 24.78 | NEUTRAL | The ADX value for VRDN suggests a possible start of a new trend. |
31.99
-0.58 (-1.78%)
VIRIDIAN THERAPEUTICS INC / VRDN FAQ
What is the technical rating for VRDN stock?
ChartMill assigns a technical rating of 8 / 10 to VRDN.
What is the current trend direction of VIRIDIAN THERAPEUTICS INC (VRDN) stock?
The current trend direction for VIRIDIAN THERAPEUTICS INC (VRDN) is Bullish.
What is the RSI signal for VIRIDIAN THERAPEUTICS INC (VRDN) stock?
VIRIDIAN THERAPEUTICS INC (VRDN) has an RSI value of 61.2449. This indicates that the stock is currently neutral.
What is the MACD signal for VIRIDIAN THERAPEUTICS INC (VRDN) stock?
The MACD indicator for VIRIDIAN THERAPEUTICS INC (VRDN) has a value of -0.126419, indicating a bearish trend.
What are the support and resistance levels for VIRIDIAN THERAPEUTICS INC (VRDN) stock?
VIRIDIAN THERAPEUTICS INC (VRDN) has a support level at 31.05 and a resistance level at 32.58. Check the full technical report for our detailed analysis of VRDN support and resistance levels.