Short Term Technical Outlook: Voyager Therapeutics, Inc. (VYGR), Perion Network Ltd. (PERI)

Voyager Therapeutics, Inc. (NASDAQ:VYGR) traded at an unexpectedly high level on 03/12/2018 when the stock experienced a -9.71% loss to a closing price of $24.28. The company saw 1.36 million shares trade hands over the course of the day. Given that its average daily volume over the 30 days has been 0.43 million shares a day, this signifies a pretty significant change over the norm.

Voyager Therapeutics, Inc. (VYGR) Max Upside Potential Is 77.1%

Analysts are speculating a 77.1% move, based on the high target price ($43) for the shares that is set to reach in the next 12 months. The analysts, on average, are forecasting a $31.82 price target, but the stock is already up 199.75% from its recent lows. However, the stock is trading at -23.91% versus recent highs ($ 31.91). Analysts believe that we could see stock price minimum in the $21 range (lowest target price), allowing for another -13.51% drop from its current position. Leading up to this report, we have seen a 34.81% rise in the stock price over the last 30 days and a 76.71% increase over the past 3 months. Overall, the share price is up 46.27% so far this year. Additionally, VYGR had a day price range of $22.42 to $25.5.

Voyager Therapeutics, Inc. (VYGR) RSI Reaches 47.95

Heading into the stock price potential, Voyager Therapeutics, Inc. needs to grow just 27.68% to cross its median price target of $31. In order to determine directional movement, the 50-day and 200-day moving averages for Voyager Therapeutics, Inc. (NASDAQ:VYGR) are $23.37 and $18.36. Given that liquidity is king in short-term, VYGR is a stock with 26.98 million shares outstanding that normally trades 7.6% of its float. The stock price recently experienced a 5-day loss of -22.33% with 2.48 average true range (ATR). VYGR has a beta of 0 and RSI is 47.95.

Perion Network Ltd. (NASDAQ:PERI)’s -16.8% Lead Over A Technical Metric

On the other hand, Perion Network Ltd. by far traveled -4.41% versus a 1-year low price of $0.88. The share price was last seen -9.43% lower, reaching at $0.84 on Mar. 12, 2018. At recent session, the prices were hovering between $0.83 and $0.8699. This company shares are 316.67% off its target price of $3.5 and the current market capitalization stands at $65.74M. The recent change has given its price a -16.8% deficit over SMA 50 and -59.07% deficit over its 52-week high. The stock witnessed -13.08% declines, -14.41% declines and -24.72% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found PERI’s volatility during a week at 3.51% and during a month it has been found around 4.68%.

Perion Network Ltd. (NASDAQ:PERI) Is Active With 0.47 million Shares

Perion Network Ltd. (PERI) exchanged hands at an unexpectedly high level of 0.47 million shares over the course of the day. Noting its average daily volume at 0.12 million shares each day over the month, this signifies a pretty significant change over the norm.

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