Why Is Varex Imaging Corporation (NASDAQ: VREX) Stock Down Today?

Varex Imaging Corporation (NASDAQ: VREX) Summary

Varex Imaging Corporation (NASDAQ: VREX) is trading up +0.27% at $18.50, reflecting a positive shift in investor sentiment today. The stock opened at $18.48 and has moved between $18.48 and $18.54 so far.

Trading volume is 1059496, which is 51% above its average, and the price action suggests buying interest.

Technically, VREX on the NASDAQ is trading above its 50-day moving average of $11.25 and above its 200-day moving average of $11.77, indicating short-term and long-term strength.

Analyst sentiment is neutral (no analyst ratings available). Meyka's AI assigns VREX a grade of B (Overall moderate), reflecting its assessment of fundamentals and sentiment. Forecast models project potential returns of -14.86% in 1 month ($15.75), -25.79% in 1 year ($13.73), and -12.81% in 5 years ($16.13).

See full chart, check forecasting details, or see the AI grade breakdown to explore what's driving this stock's movement on the NASDAQ.
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