VERU price prediction next 30 days

The price of Veru Holdings (VERU) is predicted to experience a fluctuating trend over the next 30 days. Here's a detailed breakdown:

1. Short-term forecast: For the next 7 days, the price is expected to rise by 2.89% on September 5, 2024, and then decrease by 8.80% in the following week. This indicates a volatile short-term trend.

2. Support and resistance levels: The current support level is $0.90, and the resistance level is $0.92. The stock is trading close to its support level, which could indicate a potential upward movement if the support holds.

3. Technical indicators: The MACD is at 0.02, indicating a neutral trend. The KDJ is at 73.96, suggesting that the stock is neither overbought nor oversold. The RSI is at 72.47, also indicating a neutral sentiment.

4. Analyst predictions: Analysts have set an average price target of $4.00, with a high forecast of $5.00 and a low forecast of $3.00. This represents a significant upside from the current price, suggesting long-term potential.

In summary, while the short-term forecast shows volatility with a potential rise followed by a decline, the long-term predictions suggest a bullish trend with a potential for significant growth. Investors should consider both short-term market fluctuations and long-term potential when evaluating VERU as an investment opportunity.