- High gross margin of 99.4%
- Low bankruptcy risk (Altman Z-Score: 3.40)
- Highly efficient cash conversion (100% FCF/OCF ratio)
Viridian Therapeutics, Inc. stock downgraded from Buy Candidate to Hold/Accumulate after Tuesday trading session
(Updated on Jun 23, 2026)
The Viridian Therapeutics, Inc. stock price fell by -1.99% on the last day (Tuesday, 23rd Jun 2026) from $17.63 to $17.28. During the last trading day the stock fluctuated 2.75% from a day low at $17.25 to a day high of $17.73. The price has been going up and down for this period, and there has been a 9.85% gain for the last 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -885 thousand shares and in total, 2 million shares were bought and sold for approximately $28.75 million.
The stockhas broken the very wide and falling short-term trend up. Firstly a slower falling rate is indicated, but this may very well be an early signal of a trend shift. On the reaction, there will be support on the roof of the current trend broken, which is $17.21, a level that may pose a second chance to hit a runner. According to fan-theory $22.85 will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt.
VRDN Signals & Forecast
The Viridian Therapeutics, Inc. stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $16.70 and $16.73. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Tuesday, May 05, 2026, and so far it has fallen -7.84%. Further fall is indicated until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.
Support, Risk & Stop-loss for Viridian Therapeutics, Inc. stock
Viridian Therapeutics, Inc. finds support from accumulated volume at $16.97 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.475 between high and low, or 2.75%. For the last week, the stock has had daily average volatility of 4.78%.
Our recommended stop-loss: $16.28 (-5.76%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 33 days ago.)
Trading Expectations (VRDN) For The Upcoming Trading Day Of Wednesday 24th
For the upcoming trading day on Wednesday, 24th we expect Viridian Therapeutics, Inc. to open at $17.42, and during the day (based on 14 day Average True Range), to move between $16.84 and $17.72, which gives a possible trading interval of +/-$0.88 (+/-5.23%) up or down from last closing price. If Viridian Therapeutics, Inc. takes out the full calculated possible swing range there will be an estimated 5.23% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $17.53 (1.45%) than the support at $16.97 (1.79%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.
Is Viridian Therapeutics, Inc. stock A Buy?
Viridian Therapeutics, Inc. holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold candidate.
Current score:
0.564
Hold/Accumulate
Downgraded
Predicted Fair Opening Price
Predicted fair opening price on June 24, 2026 - $17.42 ( 0.80%).
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VRDN Performance
Trading levels for VRDN
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 17.89 | 3.55% |
| R2 | 17.71 | 2.50% |
| R1 | 17.60 | 1.85% |
| Price | 17.28 | |
| S1 | 17.24 | -0.250% |
| S2 | 17.12 | -0.90% |
| S3 | 16.94 | -1.95% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 18.75 | 8.51% |
| R2 | 18.53 | 7.23% |
| R1 | 17.53 | 1.45% |
| Price | 17.28 | |
| S1 | 16.97 | -1.79% |
| S2 | 13.96 | -19.21% |
| S3 | 13.90 | -19.56% |
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