Viking Therapeutics (VKTX, $26.8) entered Downtrend as Momentum indicator drops below 0 level on May 30, 2025

#Biotechnology, #TechnicalAnalysis, #Momentum, #Bearish, #Stocks, #MidCap, #Russel2000
VKTX - Viking Therapeutics
Momentum signal
Bearish Trend
90%
Odds of DOWN Trend
Price: $26.8
Daily change: -$1.36 (-4.83%)
Daily volume: 2.9M
Capitalization: $3B
Industry: Biotechnology

This indicator may be signaling that VKTX's price has further to drop, since it fell below its price logged 14 days ago. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 89 similar cases where VKTX's Momentum Indicator fell below the 0 level, and 84 of them led to a successful outcome. Odds of Success: 90%.