AMDA Stock Forecast and Price Target (Amedica Corporation stock)

AMDA Stock Trend

The stock lies in the middle of a very 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 -19.47% during the next 3 months and, with a 90% probability hold a price between $0.96 and $1.28 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
2021-09-20	$1.19	$1.39	$1.58
2021-09-21	$1.18	$1.38	$1.58
2021-09-22	$1.17	$1.37	$1.57
2021-09-23	$1.17	$1.37	$1.57
2021-09-24	$1.16	$1.36	$1.56
2021-09-27	$1.16	$1.35	$1.55
2021-09-28	$1.15	$1.35	$1.55
2021-09-29	$1.14	$1.34	$1.54
2021-09-30	$1.14	$1.34	$1.54
2021-10-01	$1.13	$1.33	$1.53
2021-10-04	$1.12	$1.32	$1.52
2021-10-05	$1.12	$1.32	$1.52
2021-10-06	$1.11	$1.31	$1.51
2021-10-07	$1.11	$1.31	$1.51
2021-10-08	$1.10	$1.30	$1.50
2021-10-11	$1.09	$1.29	$1.49
2021-10-12	$1.09	$1.29	$1.49
2021-10-13	$1.08	$1.28	$1.48
2021-10-14	$1.08	$1.28	$1.47
2021-10-15	$1.07	$1.27	$1.47
2021-10-18	$1.06	$1.26	$1.46
2021-10-19	$1.06	$1.26	$1.46
2021-10-20	$1.05	$1.25	$1.45
2021-10-21	$1.05	$1.24	$1.44
2021-10-22	$1.04	$1.24	$1.44
2021-10-25	$1.03	$1.23	$1.43
2021-10-26	$1.03	$1.23	$1.43
2021-10-27	$1.02	$1.22	$1.42
2021-10-28	$1.01	$1.21	$1.41
2021-10-29	$1.01	$1.21	$1.41

About Amedica Corporation

Amedica Corporation, a commercial-stage biomaterial company, develops, manufactures, and sells a range of medical devices based on its silicon nitride ceramic technology platform in the United States, Europe, and South America. The company offers Valeo silicon nitride spinal fusion devices for use in the cervical and thoracolumbar areas of the spine; and a line of non-silicon nitride spinal surgery products for the treatment of deformity and dege... Read more

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