What is your prediction of verv stock? It is going up?
7/10/2024 05:48am
**The prediction for Verve Therapeutics (VERV) stock is mixed, with some indicators suggesting an upward trend, while others indicate potential for a downturn.** Here's an analysis based on the available data:
1. **Technical Indicators**:
- The closing price of VERV on July 9, 2024, was $6.28, with a resistance level at $6.49 and a support level at $5.57. This suggests that the stock is trading in a narrow range, and the resistance level may cap any upward movement for now.
- The 5-day moving average is $5.47, and the 10-day moving average is $5.22, both above the current closing price. This typically indicates a short-term downward trend.
- The 50-day moving average is $5.59, which is slightly above the current price, suggesting a bearish trend in the medium term.
|Ticker|Name|Support Level|Resistance Level|Closing Price|Date|code|market_code|
|---|---|---|---|---|---|---|---|
|VERV.O|Verve Therapeutics|5.5700|6.4900|6.28|20240709|VERV|185|
|Ticker|Name|50-Day Moving Average|5-Day Moving Average|10-Day Moving Average|Date|code|market_code|
|---|---|---|---|---|---|---|---|
|VERV.O|Verve Therapeutics|5.5870|5.4680|5.2210|20240709|VERV|185|
2. **Market Sentiment**:
- The Relative Strength Index (RSI) is at 77.98, which is considered overbought and may suggest a pullback in the near term.
- The Moving Average Convergence Divergence (MACD) is at 0.3, indicating a positive trend.
- The KDJ indicator is at 100.8, which is extremely high and can indicate an overbought condition or a potential reversal.
|Ticker|Name|RSI|MACD|KDJ|bollinger upper band|Date|code|market_code|
|---|---|---|---|---|---|---|---|---|
|VERV.O|Verve Therapeutics|77.9791||100.7955||20240708|VERV|185|
|VERV.O|Verve Therapeutics||0.2991||5.9476|20240709|VERV|185|
3. **Fundamental Analysis**:
- The company has a negative net income of $-48.74 million and a negative diluted EPS of $-0.59. This indicates that the company is currently unprofitable.
- The debt-to-equity ratio is 25.6%, which is manageable but suggests that the company is financing its operations with debt.
- The gross profit margin is 100%, which is exceptionally high and may not be sustainable.
|Ticker|Name|Total Revenue|ROE(Average)|Net Income|Gross Profit Margin|Dividend Yield (TTM)|Diluted EPS|Date|code|market_code|
|---|---|---|---|---|---|---|---|---|---|---|
|VERV.O|Verve Therapeutics|5695000|-8.2424|-4.8736E7|100||-0.59|20240331|VERV|185|
|VERV.O|Verve Therapeutics|||||||20240709|VERV|185|
4. **Market Position and Analysts' Views**:
- The price-to-earnings (P/E) ratio is -2.42, which is not applicable and does not provide insight.
- The price-to-sales (P/S) ratio is 20.9, which is relatively high, indicating that the stock is valued highly relative to its sales.
- The price-to-book (P/B) ratio is 0.9, which is reasonable.
5. **Recent Developments**:
- The stock has a strong buy consensus rating with an average price target of $15.
- The net fund flow is positive at $294,741.22, indicating investor interest.
- The stock has experienced a 10.76% increase in price recently, which could be a sign of a short-term uptrend.
6. **Market Sentiment and Forecasts**:
- The stock has been given a strong buy rating by analysts, with an average 12-month price target of $25.67, which represents a significant upside from the current price.
- The stock's forecast for 2025 is $4.87, suggesting a potential decline.
In conclusion, while the technical indicators suggest a bearish trend, the positive sentiment from analysts and recent price movements indicate potential for growth. However, the fundamental analysis shows that the company is currently unprofitable, which may limit the stock's upside. Investors should consider these factors