Viridian Therapeutics (VRDN, $12.65) entered Downtrend as Momentum indicator drops below 0 level on Apr 16, 2025

#Biotechnology, #TechnicalAnalysis, #Momentum, #Bearish, #Stocks, #SmallCap, #Russel2000
VRDN - Viridian Therapeutics
Momentum signal
Bearish Trend
86%
Odds of DOWN Trend
Price: $12.65
Daily change: -$0.15 (-1.17%)
Daily volume: 1.9M
Capitalization: $1B
Industry: Biotechnology

This indicator may be signaling that VRDN'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 85 similar cases where VRDN's Momentum Indicator fell below the 0 level, and 73 of them led to a successful outcome. Odds of Success: 86%.