VIRIDIAN THERAPEUTICS INC (VRDN) Stock Technical Analysis
NASDAQ:VRDN - Nasdaq - US92790C1045 - Common Stock - Currency: USD
Taking everything into account, VRDN scores 5 out of 10 in our technical rating. VRDN has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
VRDN is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so VRDN is lagging the market.
VRDN is part of the Biotechnology industry. There are 558 other stocks in this industry. VRDN outperforms 74% of them.
In the last month VRDN has a been trading in the 12.07 - 14.88 range, which is quite wide. It is currently trading near the high of this range.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
When compared to the yearly performance of all other stocks, VRDN outperforms 64% of them, which is more or less in line with the market.
Although the technical rating is only medium, VRDN does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 14.19, a Stop Loss order could be placed below this zone.
More info and screens
11.83
14.84
4 important support areas can be observed.
- A support zone ranging from 14.04 to 14.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 13.49 to 13.53. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 13.17 to 13.20. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @11.95 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 14.69 to 14.69. 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 | DOWN | NEGATIVE | The long term trend for VRDN is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VRDN is up. |
| ChartMill Relative Strength | 64.7 | NEUTRAL | VRDN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VRDN is above the rising 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) | DOWN | NEGATIVE | The current price of VRDN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 61.85 | NEUTRAL | The RSI value for VRDN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests VRDN has a positive trend. |
| Stochastics (14,3) | 79.58 | NEUTRAL | The Stochastics value for VRDN is a neutral value. |
| Average True Range in percent/ATR (20) | 4.95 | MEDIUM VOLATILITY | The ATR as a percentage value for VRDN suggests some volalility. |
| Average Directional Index/ADX (14) | 26.83 | POSITIVE | The high ADX value value for VRDN suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
14.68
+0.44 (+3.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg3.09%
1 Week5.46%
2 Weeks7.39%
1 Month14.87%
3 Month-7.9%
6 Month-25.56%
12 Month20.62%
2 Year-38.29%
3 Year26.88%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.72
ATR(20)%4.95%
ATR Inc-19.68%
Range Today0.4
ADR(20)0.7
ADR(20)%4.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.7
Mansfield-1.76
10 Day High14.88
10 Day Low13.33
20 Day High14.88
20 Day Low12.07
52 Week High27.2
52 Week Low9.9
CS1 End14.19
CR1 Start14.69
Volume & EV
DER(3)-0.73%
DER(5)-1.58%
Volume396.70K
Volume Incr-26.63%
Vol(5)614.96K
Vol(50)895.95K