Taking everything into account, VRDN scores 8 out of 10 in our technical rating. In the last year, VRDN was one of the better performers, but we do observe some doubts in the very recent evolution.
Although VRDN has an excellent technical rating, it does not offer a high quality setup 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
4 important support areas can be observed.
- A support zone ranging from 29.96 to 30.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 28.69 to 28.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @24.17 from a trend line 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.
- Resistance @33.04 from a horizontal line in the daily time frame.
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 | 94.22 | POSITIVE | VRDN has a high relative strength, it outperformed 94.22% 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) | 56.29 | NEUTRAL | The RSI value for VRDN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.26 | NEGATIVE | The MACD value suggests VRDN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 45.84 | NEUTRAL | The Stochastics value for VRDN is a neutral value. |
| Average True Range in percent/ATR (20) | 3.51 | MEDIUM VOLATILITY | The ATR as a percentage value for VRDN suggests some volalility. |
| Average Directional Index/ADX (14) | 25.67 | POSITIVE | The high ADX value value for VRDN suggests a strong trend. |
31.75
+1.42 (+4.68%)
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 56.2907. 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 -0.26139, 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 30.98 and a resistance level at 33.04. Check the full technical report for our detailed analysis of VRDN support and resistance levels.