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Bioventus Inc. Stock Forecast NASDAQ:BVS

$13.52 (2.42%)

Volume: 274k

Closed: Dec 07, 2021

Hollow Logo Score: -0.089

Bioventus Inc. Stock Forecast

$13.52 (2.42%)

Volume: 274k

Closed: Dec 07, 2021

Score Hollow Logo -0.089
Which way will BVS go? Request

BVS Stock Risk

This stock may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". During the last day, the stock moved $0.58 between high and low, or 4.33%. For the last week, the stock has had a daily average volatility of 4.85%.

Our recommended stop-loss: $13.00 (-3.84%) (This stock has very high daily movements and this gives very high risk. There is a buy signal from a pivot bottom found 2 days ago.)

Overall risk:

Very Low Low Medium High Very High

* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
RSImin/max Values: [ 20 - 80 ] RSI14 is 33 and the stock is currently not being overbought or oversold

Bioventus Inc. stock upgraded to Hold/Accumulate.
(Updated on Dec 07, 2021)


Hold candidate since 2021-12-07

The Bioventus Inc. stock price gained 2.42% on the last trading day (Tuesday, 7th Dec 2021), rising from $13.20 to $13.52. , and has now gained 3 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 4.33% from a day low at $13.40 to a day high of $13.98. The price has risen in 6 of the last 10 days and is up by 4.73% over the past 2 weeks. Volume fell on the last day by -31 thousand shares and in total, 274 thousand shares were bought and sold for approximately $3.70 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 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 -2.86% during the next 3 months and, with a 90% probability hold a price between $12.00 and $16.12 at the end of this 3-month period.

Signals & Forecast

There are mixed signals in the stock today. The Bioventus Inc. 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 $14.62. On a fall, the stock will find some support from the short-term average at $12.76. 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 9.30%. 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.

Support, Risk & Stop-loss

Bioventus Inc. finds support from accumulated volume at $12.91 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". During the last day, the stock moved $0.58 between high and low, or 4.33%. For the last week, the stock has had a daily average volatility of 4.85%.

Our recommended stop-loss: $13.00 (-3.84%) (This stock has very high daily movements and this gives very high risk. There is a buy signal from a pivot bottom found 2 days ago.)

Is Bioventus Inc. stock A Buy?

Bioventus Inc. holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

Current score: -0.089

Predicted Opening Price for Bioventus Inc. of Wednesday, December 8, 2021

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

Fair opening price December 8, 2021 Current price
$13.63 $13.52 (Undervalued)
Hold/Accumulate Upgraded

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Analyst Ratings

On Nov 15, 2021 "Morgan Stanley" gave "$20.00" rating for BVS. The price target was changed from $15.52 to 2.0%.

Volatility and Risk
Daily Average Volatility: 4.85 %
Overall Risk: Very High High Medium Low Very Low
Volatility
4.85 %
Daily Average Volatility
Overall Risk

Very High
High
Medium
Low
Very Low

Support & Resistance

Resistance: $13.88
Price: $13.52
Support: $12.91

BVS Insider Trading Show all Trades

INSIDER POWER

Last 44 transactions
Buy: 1 366 233 | Sell: 0 (Shares)
Date Action Amount Person Type
Oct 29, 2021 Buy 2 895 Vizirgianakis Stavros G. Restricted Stock Units
Oct 29, 2021 Buy 261 794 Vizirgianakis Stavros G. Stock Option (Right to Buy)
Oct 29, 2021 Buy 89 001 Vizirgianakis Stavros G. Stock Option (Right to Buy)
Oct 29, 2021 Buy 347 323 Vizirgianakis Stavros G. Stock Option (Right to Buy)
Oct 29, 2021 Buy 34 905 Vizirgianakis Stavros G. Stock Option (Right to Buy)
Show all Insider Trades
INSIDER POWER

Last 44 transactions
Buy: 1 366 233 | Sell: 0 (Shares)

Fibonacci Support & Resistance Levels

Level Price Change
Resistance 14.21 5.13 %
13.99 3.49 %
13.85 2.48 %
Current price: 13.52
Support 13.41 -0.80 %
13.27 -1.81 %
13.05 -3.45 %

Accumulated Volume Support & Resistance Levels

Level Price Chg %
Resistance 16.58 22.63 %
16.56 22.49 %
13.88 2.66 %
Current price 13.52
Support 12.91 -4.51%
12.84 -5.03%
12.73 -5.84%

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