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Key Stats
P/E Ratio -13.67
Beta 1.63
* 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 54 and the stock is currently not being overbought or oversold

Weaker technical forecast for BioCryst Pharmaceuticals as stock downgraded to Strong Sell Candidate. (Updated on July 30, 2021)


Sell candidate since 2021-07-30

The BioCryst Pharmaceuticals stock price fell by -3.82% on the last day (Friday, 30th Jul 2021) from $16.76 to $16.12. and has now fallen 3 days in a row. During the day the stock fluctuated 4.73% from a day low at $16.07 to a day high of $16.83. The price has been going up and down for this period, and there has been a 3.27% gain for the last 2 weeks. Volume has increased on the last day by 573 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 2 million shares were bought and sold for approximately $39.61 million.

The stock lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 34.47% during the next 3 months and, with a 90% probability hold a price between $20.24 and $23.70 at the end of this 3-month period.

Signals & Forecast

Furthermore, there is a buy signal from the 3 months Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The BioCryst Pharmaceuticals stock holds sell signals from both short and long-term moving averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $16.85 and $16.31. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Friday, July 23, 2021, and so far it has fallen -6.60%. Further fall is indicated until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Support, Risk & Stop-loss

BioCryst Pharmaceuticals finds support from accumulated volume at $15.63 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 $0.76 between high and low, or 4.73%. For the last week, the stock has had a daily average volatility of 3.76%.

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

Is BioCryst Pharmaceuticals stock A Buy?

The BioCryst Pharmaceuticals stock holds several negative signals and despite the positive trend, we believe BioCryst Pharmaceuticals will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Sell candidate.

Current score: -5.764

Predicted Opening Price for BioCryst Pharmaceuticals of Monday, August 2, 2021

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

Fair opening price August 2, 2021 Current price
$16.34 $16.12 (Undervalued)
Strong Sell Candidate Downgraded

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Analyst Ratings

Cowen is very positive about BCRX and gave it a "Outperform" rating on June 17, 2021. The price target was changed from $18.00 to $21.00.

Volatility
3.76 %
Daily Average Volatility
Overall Risk

Very High
High
Medium
Low
Very Low

Support & Resistance

Resistance: $16.36
Price: $16.12
Support: $15.63

Fibonacci Support & Resistance Levels

Level Price Change
Resistance 17.10 6.08 %
16.81 4.28 %
16.63 3.17 %
Current price: 16.12
Support 16.05 -0.44 %
15.87 -1.55 %
15.58 -3.35 %

Accumulated Volume Support & Resistance Levels

Level Price Chg %
Resistance 17.13 6.27 %
16.99 5.40 %
16.36 1.49 %
Current price 16.12
Support 15.63 -3.04%
14.38 -10.79%
12.92 -19.85%

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About BioCryst Pharmaceuticals

BioCryst Pharmaceuticals BioCryst Pharmaceuticals, Inc., a biotechnology company, designs, optimizes, and develops small molecule drugs that block key enzymes involved in the pathogenesis of diseases. Its product candidates include peramivir, an intravenous neuraminidase inhibitor, which is approved for uncomplicated seasonal and acute influenza; BCX4161, an oral serine protease inhibitor, which is in Phase II/III clinical trial for hereditary angioedema (HAE); BCX7353, ... Read more

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