VIRIDIAN THERAPEUTICS INC (VRDN) Stock Technical Analysis
NASDAQ:VRDN - Nasdaq - US92790C1045 - Common Stock - Currency: USD
Taking everything into account, VRDN scores 4 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.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
VRDN is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month VRDN has a been trading in the 13.54 - 16.29 range, which is quite wide. It is currently trading near the lows of this range.
VRDN is one of the better performing stocks in the Biotechnology industry, it outperforms 71% of 555 stocks in the same industry.
When comparing the performance of all stocks over the past year, VRDN turns out to be only a medium performer in the overall market: it outperformed 66% of all stocks.
Although the technical rating is only medium, VRDN does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
11.83
16.11
We found 1 important support area.
- A support zone ranging from 11.95 to 11.98. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 14.74 to 14.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @15.29 from a trend line in the daily time frame.
- A resistance zone ranging from 15.89 to 15.95. 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 | NEUTRAL | NEUTRAL | The short term trend for VRDN is neutral. |
| ChartMill Relative Strength | 66.36 | NEUTRAL | VRDN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of VRDN is below 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) | 43.39 | NEUTRAL | The RSI value for VRDN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests VRDN has a negative trend. |
| Stochastics (14,3) | 10.94 | OVERSOLD | The low Stochastics value suggests VRDN may be oversold. |
| Average True Range in percent/ATR (20) | 5.53 | HIGH VOLATILITY | The high ATR as a percentage value for VRDN suggests high volalility. |
| Average Directional Index/ADX (14) | 21.86 | NEUTRAL | The ADX value for VRDN suggests a possible start of a new 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)
13.98
-0.35 (-2.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-2.44%
1 Week-4.96%
2 Weeks-11.96%
1 Month0.43%
3 Month16.6%
6 Month-30.76%
12 Month13.47%
2 Year-41.24%
3 Year20.83%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.77
ATR(20)%5.53%
ATR Inc-10.99%
Range Today0.79
ADR(20)0.76
ADR(20)%5.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.36
Mansfield-2.41
10 Day High16.05
10 Day Low13.92
20 Day High16.29
20 Day Low13.54
52 Week High27.2
52 Week Low9.9
CS1 End14.32
CR1 Start15.36
Volume & EV
DER(3)2.26%
DER(5)1.39%
Volume470.30K
Volume Incr-13.06%
Vol(5)670.26K
Vol(50)761.14K