VIRIDIAN THERAPEUTICS INC (VRDN) Stock Technical Analysis
NASDAQ:VRDN - US92790C1045 - Common Stock
19.225 USD
+1.21 (+6.69%)
19.8768 USD
+0.65 (+3.39%)
Taking everything into account, VRDN scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, VRDN is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
VRDN is one of the better performing stocks in the Biotechnology industry, it outperforms 79% of 549 stocks in the same industry.
In the last month VRDN has a been trading in the 15.68 - 19.60 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that VRDN is one of the better performing stocks in the market, outperforming 88% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
VRDN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so VRDN is lagging the market.
Volume is considerably higher in the last couple of days.
VRDN has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
11.83
19.42
4 important support areas can be observed.
- Support @17.28 from a trend line in the daily time frame.
- A support zone ranging from 16.41 to 16.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @16.02 from a trend line in the daily time frame.
- Support @11.95 from a horizontal line in the weekly 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 | UP | POSITIVE | The short term trend for VRDN is up. |
| ChartMill Relative Strength | 88.15 | POSITIVE | VRDN has a high relative strength, it outperformed 88.15% off all stocks 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 | MIXED | The current price of VRDN is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 64.35 | NEUTRAL | The RSI value for VRDN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests VRDN has a positive trend. |
| Stochastics (14,3) | 76.93 | NEUTRAL | The Stochastics value for VRDN is a neutral value. |
| Average True Range in percent/ATR (20) | 5.51 | HIGH VOLATILITY | The high ATR as a percentage value for VRDN suggests high volalility. |
| Average Directional Index/ADX (14) | 17.55 | NEGATIVE | The low ADX value for VRDN suggests a weak or negative 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)
19.225
+1.21 (+6.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg6.69%
1 Week3.69%
2 Weeks17.15%
1 Month11.26%
3 Month41.67%
6 Month18.16%
12 Month27.74%
2 Year5.81%
3 Year-13.44%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.11
ATR(20)%5.51%
ATR Inc13.45%
Range Today1.61
ADR(20)1.02
ADR(20)%5.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.15
Mansfield-0.03
10 Day High19.6
10 Day Low16.02
20 Day High19.6
20 Day Low15.68
52 Week High27.2
52 Week Low9.9
CS1 End17.28
CR1 StartN/A
Volume & EV
DER(3)2.26%
DER(5)-0.26%
Volume1.40M
Volume Incr39.21%
Vol(5)1.07M
Vol(50)782.14K