What is your prediction of verv stock? It is going up?


Aime
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:
- 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 $5.571. 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 price2. 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 term2.
VERV Trend
1/2
- Market Sentiment:
- The Relative Strength Index (RSI) is at 77.98, which is considered overbought and may suggest a pullback in the near term3.
- The Moving Average Convergence Divergence (MACD) is at 0.3, indicating a positive trend3.
- The KDJ indicator is at 100.8, which is extremely high and can indicate an overbought condition or a potential reversal3.
VERV RSI, MACD...
- Fundamental Analysis:
- The company has a negative net income of −48.74millionandanegativedilutedEPSof-0.594. 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 debt5.
- The gross profit margin is 100%, which is exceptionally high and may not be sustainable4.
VERV Total Revenue, Net Income...
-
Market Position and Analysts' Views:
- The price-to-earnings (P/E) ratio is -2.42, which is not applicable and does not provide insight6.
- The price-to-sales (P/S) ratio is 20.9, which is relatively high, indicating that the stock is valued highly relative to its sales6.
- The price-to-book (P/B) ratio is 0.9, which is reasonable6.
-
Recent Developments:
- The stock has a strong buy consensus rating with an average price target of $157.
- The net fund flow is positive at $294,741.22, indicating investor interest8.
- The stock has experienced a 10.76% increase in price recently9, which could be a sign of a short-term uptrend.

- 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 price10.
- The stock's forecast for 2025 is $4.87, suggesting a potential decline11.
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
Source:
1.
VERV Closing Price, resistance level, support level
more
less
Continue this conversation 

Explore
Screener
Analysis
Wiki