Question 1

What implications does the 10-day RSI indicator have for VRDN?

Accepted Answer

The 10-day RSI Indicator for VRDN moved out of overbought territory on July 30, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 32 similar instances where the indicator moved out of overbought territory. In 26 of the 32 cases, the stock moved lower in the following days. This puts the odds of a move lower at 0%.

Question 2

What does the Stochastic Oscillator suggest about VRDN's trend?

Accepted Answer

The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.

Question 3

How did VRDN's Momentum indicator behave recently?

Accepted Answer

VRDN saw its Momentum Indicator move above the 0 level on August 16, 2024. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 79 similar instances where the indicator turned positive. In 59 of the 79 cases, the stock moved higher in the following days. The odds of a move higher are at 0%.

Question 4

What does MACD indicator imply for VRDN?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for VRDN turned negative on August 05, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 48 similar instances when the indicator turned negative. In 40 of the 48 cases the stock turned lower in the days that followed. This puts the odds of success at 0%.

Question 5

What does a 3-day price advance indicate for VRDN?

Accepted Answer

Following a +6.10% 3-day Advance, the price is estimated to grow further. Considering data from situations where VRDN advanced for three days, in 205 of 256 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 6

What does a 3-day decline signify for VRDN's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where VRDN declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 86%.

Question 7

How does the Aroon Indicator reflect on VRDN's trend?

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 128 of 151 cases where VRDN Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

VRDN Stock Viridian Therapeutics (VRDN, $12.23) Moving Average Convergence Divergence (MACD) Histogram turned positive on June 6, 2024

Momentum Indicator for VRDN turns positive, indicating new upward trend

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