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 JAZZ
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Stronger technical forecast for Jazz Pharmaceuticals plc stock price after Friday trading.
(Updated on Jul 19, 2024)

Buy or Hold candidate since Jul 17, 2024 Gain 0.93% PDF

The Jazz Pharmaceuticals plc stock price gained 0.156% on the last trading day (Friday, 19th Jul 2024), rising from $108.84 to $109.01. It 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 last trading day the stock fluctuated 1.52% from a day low at $108.28 to a day high of $109.93. The price has risen in 6 of the last 10 days and is up by 7.64% over the past 2 weeks. Volume fell on the last day by -243 thousand shares and in total, 382 thousand shares were bought and sold for approximately $41.62 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 -4.06% during the next 3 months and, with a 90% probability hold a price between $95.89 and $108.23 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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JAZZ Signals & Forecast

Mostly positive signals in the chart today. The Jazz Pharmaceuticals plc stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $106.70 and $107.15. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, July 09, 2024, and so far it has risen 8.39%. 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 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 for Jazz Pharmaceuticals plc stock

Jazz Pharmaceuticals plc finds support from accumulated volume at $108.99 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 $1.65 between high and low, or 1.52%. For the last week, the stock has had daily average volatility of 2.42%.

Our recommended stop-loss: $103.51 (-5.04%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 22 days ago.)

Trading Expectations (JAZZ) For The Upcoming Trading Day Of Monday 22nd

For the upcoming trading day on Monday, 22nd we expect Jazz Pharmaceuticals plc to open at $109.07, and during the day (based on 14 day Average True Range), to move between $106.33 and $111.69, which gives a possible trading interval of +/-$2.68 (+/-2.46%) up or down from last closing price. If Jazz Pharmaceuticals plc takes out the full calculated possible swing range there will be an estimated 4.92% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $108.99 (0.02%) than the resistance at $109.29 (0.26%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Jazz Pharmaceuticals plc stock A Buy?

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

Current score: 1.197 Buy Candidate Upgraded

Predicted Opening Price for Jazz Pharmaceuticals plc of Monday, July 22, 2024

Fair opening price July 22, 2024 Current price
$109.07 ( 0.0581%) $109.01

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

Trading levels for JAZZ

Fibonacci Support & Resistance Levels

Level Price
R3 110.72 1.57%
R2 110.09 0.99%
R1 109.70 0.636%
Price 109.01
S1 108.44 -0.520%
S2 108.05 -0.88%
S3 107.42 -1.46%

Accumulated Volume Support & Resistance Levels

Level Price
R3 112.05 2.79%
R2 110.43 1.30%
R1 109.29 0.257%
Price 109.01
S1 108.99 -0.0183%
S2 107.36 -1.51%
S3 105.25 -3.45%

FAQ

What is the symbol for Jazz Pharmaceuticals plc Stock and on which exchange is it traded?
The symbol for Jazz Pharmaceuticals plc is JAZZ and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Jazz Pharmaceuticals plc Stock?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

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

What's the current price of Jazz Pharmaceuticals plc Stock?
As of the end of day on the Jul 19, 2024, the price of an Jazz Pharmaceuticals plc (JAZZ) share was $109.01.

What is the 52-week high and low for Jazz Pharmaceuticals plc Stock?
The 52-week high for Jazz Pharmaceuticals plc Stock is $146.70 and the 52-week low is $99.06.

What is the market capitalization of Jazz Pharmaceuticals plc Stock?
As of the Jul 19, 2024, the market capitalization of Jazz Pharmaceuticals plc is 6.874B.

When is the next earnings date for Jazz Pharmaceuticals plc?
The upcoming earnings date for Jazz Pharmaceuticals plc is Jul 31, 2024.
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About Jazz Pharmaceuticals plc

Jazz Pharmaceuticals plc Jazz Pharmaceuticals plc, a biopharmaceutical company, identifies, develops, and commercializes pharmaceutical products for various unmet medical needs in the United States, Europe, and internationally. The company has a portfolio of products and product candidates with a focus in the areas of neuroscience, including sleep medicine and movement disorders; and in oncology, including hematologic and solid tumors. Its lead marketed products include ... JAZZ Profile

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