Vera Therapeutics, Inc. stock price ended on $8.65 on Thursday after losing 0%

No changes to the price of Vera Therapeutics, Inc. stock on the last trading day (Thursday, 19th Jan 2023). During the last trading day the stock fluctuated 0% from a day low at $8.65 to a day high of $8.65. The price has risen in 6 of the last 10 days and is up by 33.9% over the past 2 weeks.

The last rating was given by HC Wainwright & Co. on Jan 04, 2023. The price target was changed from 36 to 15.Over the last 90 days, this security got 2 buy, 2 sell, and 0 hold ratings.

The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled.Given the current short-term trend, the stock is expected to fall -31.68% during the next 3 months and, with a 90% probability hold a price between $3.05 and $12.12 at the end of this 3-month period.

There are mixed signals in the stock today. The Vera Therapeutics, Inc. stock holds a buy signal from the short-term moving average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term moving average at $14.55. On a fall, the stock will find some support from the short-term average at $7.06. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. A sell signal was issued from a pivot top point on Wednesday, January 18, 2023, and so far it has fallen 0%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.

On the downside, the stock finds support just below today's level from accumulated volume at $7.64 and $6.74.With no support from accumulated volume below today's level the risk is increased, as a drop below the support at $6.74 may give a huge drop in the stock price.

In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved $0 between high and low, or 0%. For the last week the stock has had daily average volatility of 6.56%

Vera Therapeutics, Inc. is oversold on RSI14 (19). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.

Vera Therapeutics, Inc. holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.