Should You Buy Virax Biolabs Group Ltd (VRAX) Today? Analysis, Price Targets, and 2026 Outlook.
Analysis Updated At
2026/01/26
Virax Biolabs Group Ltd (VRAX) is not a good buy for a beginner investor with a long-term strategy and $50,000-$100,000 available for investment. The stock shows a bearish technical trend, lacks positive trading signals, has no recent news or catalysts, and is projected to decline in the short and medium term. Additionally, analysts have lowered their price target, and there is no strong financial or institutional support to justify a long-term investment at this time.
Technical Analysis
The technical indicators for VRAX are bearish. The MACD is negatively expanding, the RSI is neutral at 20.222, and the moving averages indicate a downward trend (SMA_200 > SMA_20 > SMA_5). The stock is trading below key pivot levels, with support at 0.265 and resistance at 0.376. Additionally, similar candlestick patterns suggest an 80% chance of a -4.78% drop in the next day, -13.75% in the next week, and -18.36% in the next month.