RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of BVS
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Bioventus Inc. stock price up 0.775% on Thursday
(Updated on Mar 28, 2024)

Buy candidate since Mar 27, 2024 Gain 0.78% PDF

The Bioventus Inc. stock price gained 0.775% on the last trading day (Thursday, 28th Mar 2024), rising from $5.16 to $5.20. It 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 last trading day the stock fluctuated 3.70% from a day low at $5.14 to a day high of $5.33. The price has risen in 7 of the last 10 days and is up by 0.19% over the past 2 weeks. Volume fell on the last day by -254 thousand shares and in total, 74 thousand shares were bought and sold for approximately $383.50 thousand. 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 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 10.30% during the next 3 months and, with a 90% probability hold a price between $5.22 and $6.40 at the end of this 3-month period.

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BVS Signals & Forecast

A sell signal was issued from a pivot top point on Wednesday, March 20, 2024, and so far it has fallen -9.57%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not. Some positive signals were issued as well, and these may have some influence on the near short-term development. The Bioventus Inc. stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $5.32. On a fall, the stock will find some support from the long-term average at approximately $4.99. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal.

Support, Risk & Stop-loss for Bioventus Inc. stock

Bioventus Inc. finds support from accumulated volume at $5.16 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, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved $0.190 between high and low, or 3.70%. For the last week the stock has had daily average volatility of 4.64%.

Our recommended stop-loss: $4.91 (-5.58%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 6 days ago.)

Trading Expectations (BVS) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Bioventus Inc. to open at $5.22, and during the day (based on 14 day Average True Range), to move between $4.91 and $5.49, which gives a possible trading interval of +/-$0.293 (+/-5.63%) up or down from last closing price. If Bioventus Inc. takes out the full calculated possible swing range there will be an estimated 11.26% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $5.16 (0.77%) than the resistance at $5.29 (1.73%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Bioventus Inc. stock A Buy?

Several of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period.

Current score: 1.118 Buy Candidate Unchanged

Predicted Opening Price for Bioventus Inc. of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$5.22 ( 0.449%) $5.20

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

Trading levels for BVS

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 5.41 4.10 %
R2 5.34 2.71 %
R1 5.30 1.84 %
Current price: 5.20
Support S1 5.15 -0.95 %
S2 5.11 -1.81 %
S3 5.03 -3.21 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 5.60 7.69 %
R2 5.40 3.85 %
R1 5.29 1.73 %
Current price 5.20
Support S1 5.16 -0.769%
S2 4.94 -5.00%
S3 4.81 -7.50%

FAQ

What is the symbol for Bioventus Inc. Stock and on which exchange is it traded?
The symbol for Bioventus Inc. is BVS and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Bioventus Inc. Stock?
Several of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period.

How to buy Bioventus Inc. Stock?
Bioventus Inc. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Bioventus Inc. Stock.

What's the current price of Bioventus Inc. Stock?
As of the end of day on the 2024-03-28, the price of an Bioventus Inc. (BVS) share was $5.20.

What is the 52-week high and low for Bioventus Inc. Stock?
The 52-week high for Bioventus Inc. Stock is $6.08 and the 52-week low is $0.800.

What is the market capitalization of Bioventus Inc. Stock?
As of the 2024-03-28, the market capitalization of Bioventus Inc. is 329.57M.

When is the next earnings date for Bioventus Inc.?
The upcoming earnings date for Bioventus Inc. is May 21, 2024.
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About Bioventus Inc.

Bioventus. Bioventus Inc. a medical device company, focuses on developing and commercializing clinical treatments that engage and enhance the body's natural healing process in the United States and internationally. The company's product portfolio includes pain treatments, which comprise non-surgical joint pain injection therapies, as well as peripheral nerve stimulation products. Its surgical solutions comprise bone graft substitutes to fuse and grow bones,... BVS Profile

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