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 GH
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Guardant Health Inc. stock price ended at $17.96 on Wednesday, after gaining 1.53%.
(Updated on Mar 27, 2024)

Sell candidate since Feb 22, 2024 Loss -19.35% PDF

The Guardant Health Inc. stock price gained 1.53% on the last trading day (Wednesday, 27th Mar 2024), rising from $17.69 to $17.96. During the last trading day the stock fluctuated 4.48% from a day low at $17.20 to a day high of $17.97. The price has fallen in 7 of the last 10 days and is down by -5.47% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 928 thousand more shares were traded than the day before. In total, 3 million shares were bought and sold for approximately $48.29 million.

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 -32.95% during the next 3 months and, with a 90% probability hold a price between $11.28 and $12.66 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.

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GH Signals & Forecast

A buy signal was issued from a pivot bottom point on Monday, March 25, 2024, and so far it has risen 4.85%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Guardant Health 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 $19.75. On a fall, the stock will find some support from the short-term average at $17.64. 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.

Support, Risk & Stop-loss for Guardant Health Inc. stock

Guardant Health Inc. finds support from accumulated volume at $17.74 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 $0.770 between high and low, or 4.48%. For the last week, the stock has had daily average volatility of 4.11%.

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

Trading Expectations (GH) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Guardant Health Inc. to open at $17.71, and during the day (based on 14 day Average True Range), to move between $17.04 and $18.88, which gives a possible trading interval of +/-$0.92 (+/-5.13%) up or down from last closing price. If Guardant Health Inc. takes out the full calculated possible swing range there will be an estimated 10.25% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $17.74 (1.22%) than the resistance at $19.00 (5.79%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Guardant Health Inc. stock A Buy?

Guardant Health Inc. 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: -1.585 Sell Candidate Unchanged

Predicted Opening Price for Guardant Health Inc. of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$17.71 ( 1.39%) $17.96

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

Trading levels for GH

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 18.48 2.90 %
R2 18.19 1.26 %
R1 18.00 0.246 %
Current price: 17.96
Support S1 17.42 -3.03 %
S2 17.23 -4.04 %
S3 16.94 -5.68 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 21.93 22.10 %
R2 19.42 8.13 %
R1 19.00 5.79 %
Current price 17.96
Support S1 17.74 -1.22%
S2 17.69 -1.50%
S3 17.45 -2.84%

FAQ

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

Should I buy or sell Guardant Health Inc. Stock?
Guardant Health Inc. 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.

How to buy Guardant Health Inc. Stock?
Guardant Health 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 Guardant Health Inc. Stock.

What's the current price of Guardant Health Inc. Stock?
As of the end of day on the 2024-03-27, the price of an Guardant Health Inc. (GH) share was $17.96.

What is the 52-week high and low for Guardant Health Inc. Stock?
The 52-week high for Guardant Health Inc. Stock is $41.06 and the 52-week low is $16.92.

What is the market capitalization of Guardant Health Inc. Stock?
As of the 2024-03-27, the market capitalization of Guardant Health Inc. is 2.186B.

When is the next earnings date for Guardant Health Inc.?
The upcoming earnings date for Guardant Health Inc. is May 14, 2024.
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About Guardant Health Inc.

Guardant Health. Guardant Health, Inc., a precision oncology company, provides blood tests, data sets, and analytics in the United States and internationally. The company offers Guardant360, Guardant360 LDT, Guardant360 CDx, and GuardantOMNI liquid biopsy-based tests for advanced stage cancer; and GuardantINFORM, an in-silico research platform that comprise a clinical-genomic liquid biopsy dataset of advanced cancer patients. It is also developing LUNAR-2 test fo... GH Profile

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