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Weaker Stock
Today ABMD ranks #12924 as sell candidate. Get a Free Stock at Robinhood
Stronger Stock

$324.41 (1.13%)

Volume: 193k

Closed: Dec 08, 2021

Hollow Logo Score: -3.260

ABIOMED Stock Forecast

$324.41 (1.13%)

Volume: 193k

Closed: Dec 08, 2021

Score Hollow Logo -3.260
Which way will ABMD go? Request
Key Stats
P/E Ratio 97.85
Beta 1.06
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
RSImin/max Values: [ 25 - 75 ] RSI14 is 40 and the stock is currently not being overbought or oversold

Green day on Wednesday for ABIOMED stock after gaining 1.13%
(Updated on Dec 08, 2021)


Sell candidate since 2021-12-08

The ABIOMED stock price gained 1.13% on the last trading day (Wednesday, 8th Dec 2021), rising from $320.78 to $324.41. , and has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the day the stock fluctuated 3.01% from a day low at $316.87 to a day high of $326.41. The price has been going up and down for this period, and there has been a -1.15% loss for the last 2 weeks. Volume fell on the last day by -216 thousand shares and in total, 193 thousand shares were bought and sold for approximately $62.67 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

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 -5.54% during the next 3 months and, with a 90% probability hold a price between $281.74 and $344.37 at the end of this 3-month period.

Signals & Forecast

There are mixed signals in the stock today. The ABIOMED stock holds a buy signal from the short-term moving average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term moving average at $340.40. On a fall, the stock will find some support from the short-term average at $312.41. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). A buy signal was issued from a pivot bottom point on Friday, December 03, 2021, and so far it has risen 7.91%. Further rise is indicated until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. The stock had a Golden Star Signal on Friday, March 26, 2021 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Buy
Special Signal Notification

Golden Star 12 Months

The stock had a Golden Star Signal on Friday, March 26, 2021 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss

ABIOMED finds support from accumulated volume at $320.78 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $9.54 between high and low, or 3.01%. For the last week, the stock has had a daily average volatility of 4.38%.

Our recommended stop-loss: We hold an negative evaluation for this stock. No stop-loss is set.

Is ABIOMED stock A Buy?

ABIOMED holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -3.260

Predicted Opening Price for ABIOMED of Thursday, December 9, 2021

The predicted opening price is based on yesterday's movements between high, low, and the closing price.

Fair opening price December 9, 2021 Current price
$322.56 $324.41 (Overvalued)
Sell Candidate Unchanged

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Analyst Ratings

On Oct 31, 2021 "SVB Leerink" gave "" rating for ABMD. The price target was changed from $332.04 to 3.2%.

Volatility and Risk
Daily Average Volatility: 4.38 %
Overall Risk: Very High High Medium Low Very Low
Volatility
4.38 %
Daily Average Volatility
Overall Risk

Very High
High
Medium
Low
Very Low

Support & Resistance

Resistance: $343.14
Price: $324.41
Support: $320.78

ABMD Insider Trading Show all Trades

INSIDER POWER

0.902

Last 100 transactions
Buy: 202 958 | Sell: 224 900 (Shares)
Date Action Amount Person Type
Nov 18, 2021 Sell 2 801 Sutter Martin P Common Stock, $0.01 par value
Nov 18, 2021 Sell 1 824 Sutter Martin P Common Stock, $0.01 par value
Nov 18, 2021 Sell 2 215 Sutter Martin P Common Stock, $0.01 par value
Nov 18, 2021 Sell 3 060 Sutter Martin P Common Stock, $0.01 par value
Nov 18, 2021 Sell 3 600 Sutter Martin P Common Stock, $0.01 par value
Show all Insider Trades
INSIDER POWER

0.902

Last 100 transactions
Buy: 202 958 | Sell: 224 900 (Shares)

Fibonacci Support & Resistance Levels

Level Price Change
Resistance 332.10 2.37 %
328.46 1.25 %
326.21 0.55 %
Current price: 324.41
Support 318.92 -1.69 %
316.67 -2.39 %
313.02 -3.51 %

Accumulated Volume Support & Resistance Levels

Level Price Chg %
Resistance 371.35 14.47 %
355.00 9.43 %
343.14 5.77 %
Current price 324.41
Support 320.78 -1.12%
314.78 -2.97%
308.15 -5.01%

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About ABIOMED

ABIOMED ABIOMED, Inc. engages in the research, development, and sale of medical devices to assist or replace the pumping function of the failing heart. It also provides continuum of care to heart failure patients. The company offers Impella 2.5 catheter, a percutaneous micro heart pump with integrated motor and sensors for use in interventional cardiology; Impella CP that provides partial circulatory support using an extracorporeal bypass control unit; I... Read more

Golden Star Signal

This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.

This signal is rare and, in most cases, gives substantial returns. From 10 000+ stocks usually only a few will trigger a Golden Star Signal per day!

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