ABIO Stock Forecast and Price Target (ARCA biopharma stock)

ABIO Stock Trend

The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled.

Given the current short-term trend, the stock is expected to fall -11.40% during the next 3 months and, with a 90% probability hold a price between $2.27 and $2.78 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

WARNING: Trend forecast is still in the development phase and should be used with caution. Some cases might produce unexpected results such as negative prices at the end of the trend.

Data

Date	Bottom	Mid	Top
2021-09-30	$2.55	$2.84	$3.13
2021-10-01	$2.55	$2.84	$3.13
2021-10-04	$2.54	$2.83	$3.12
2021-10-05	$2.53	$2.82	$3.12
2021-10-06	$2.53	$2.82	$3.11
2021-10-07	$2.52	$2.81	$3.10
2021-10-08	$2.51	$2.81	$3.10
2021-10-11	$2.51	$2.80	$3.09
2021-10-12	$2.50	$2.79	$3.08
2021-10-13	$2.50	$2.79	$3.08
2021-10-14	$2.49	$2.78	$3.07
2021-10-15	$2.48	$2.77	$3.06
2021-10-18	$2.48	$2.77	$3.06
2021-10-19	$2.47	$2.76	$3.05
2021-10-20	$2.46	$2.75	$3.04
2021-10-21	$2.46	$2.75	$3.04
2021-10-22	$2.45	$2.74	$3.03
2021-10-25	$2.44	$2.73	$3.03
2021-10-26	$2.44	$2.73	$3.02
2021-10-27	$2.43	$2.72	$3.01
2021-10-28	$2.42	$2.72	$3.01
2021-10-29	$2.42	$2.71	$3.00
2021-11-01	$2.41	$2.70	$2.99
2021-11-02	$2.41	$2.70	$2.99
2021-11-03	$2.40	$2.69	$2.98
2021-11-04	$2.39	$2.68	$2.97
2021-11-05	$2.39	$2.68	$2.97
2021-11-08	$2.38	$2.67	$2.96
2021-11-09	$2.37	$2.66	$2.95
2021-11-10	$2.37	$2.66	$2.95

About ARCA biopharma

ARCA biopharma, Inc., a biopharmaceutical company, focuses on developing genetically-targeted therapies for cardiovascular diseases. Its lead product candidate is Gencaro, a pharmacologically beta-blocker and mild vasodilator, which is in clinical trial for the treatment of atrial fibrillation in patients with heart failure and left ventricular with reduced left ventricular ejection fraction. The company also engages in developing recombinant Nem... Read more

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