US Nasdaq stock alert


Afternoon Alert: Viveve Medical accelerates slide, now down 15.0% in 2 days 20 June 2018 13:18 EDT


Viveve Medical, Inc (NASDAQ:VIVE) is down 57.0c (or 15.0%) over the past two trading days. After falling 6% on Tuesday, the stock fell 9.5% on Wednesday to trade at $US3.24 vs. the NASDAQ-100 Index that is up 0.7% in the same period.

Current indications of bearish signals that support the trend in the unusual trading:

+ The stock has underperformed 93% of the NASDAQ market over the past 6 months.

+ In the last three months the stock has hit a new 52-week low nine times, pointing to a significant downtrend.

+ The present value of USD1,000 invested one year ago is $US408 [vs $US1,275 for the NASDAQ-100 Index].

Other Bearish Signals include:

+ Tobin's Q Ratio is 2.8. Compared with the rest of the market the stock is overvalued and ranks in the bottom quartile of stocks by value of Q Ratio.


Viveve Medical today is at a discount of 60.3% to the 12-month high of $US8.17 on 23 Jun, 2017. It is at a premium of 102.5% to the 12-month low of $US1.60 on 11 May, 2018.

Bullish Signals:

The positive 0.17 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

Net Profit margin and EBIT margin are negative but improving in recent years.

Viveve Medical, Inc (O:VIVE)

ISIN: US92852W2044

CIK: 879682

CUSIP: 92852W105