Verve Therapeutics Inc (VERV): Price Now Near $40.11; Daily Chart Shows Downtrend on 100 Day Basis

The Hourly View for VERV

Currently, VERV (Get Ratings)’s price is down $-1.19 (-2.88%) from the hour prior. The hourly chart shows that VERV has seen 2 straight down hours. Regarding the trend, note that the strongest trend exists on the 50 hour timeframe. Most noteworthy in the world of moving averages on the hourly chart is that the 20 hour moving average has been crossed, so that price is now turning below it. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

Out of Pharmaceutical Products stocks, VERV ranks 292nd in regards to today’s price percentage change.

VERV’s Technical Outlook on the Daily Chart

Currently, VERV’s price is down $-1.2 (-2.91%) from the day prior. VERV has seen its price go down 4 out of the past 5 days, thus creating some compelling opportunities for bears. As for the trend on the daily timeframe, we see the clearest trend on the 20 day timeframe. The moving averages on the daily timeframe suggest a choppiness in price, as the are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. Verve Therapeutics Inc’s price action over the past 90 days can be seen via the chart below.

VERV

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VERV: Daily RSI Analysis

  • VERV’s RSI now stands at 1.5038.
  • VERV and RSI both have consistent trends, as they are both heading down.

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