Petco Health And Wellness Company. Stock Forecast

Sell candidate since Jun 06, 2025 Loss -5.23%

The Petco Health and Wellness Company, Inc. stock price fell by -2.95% on the last day (Wednesday, 11th Jun 2025) from $2.71 to $2.63. During the last trading day the stock fluctuated 6.13% from a day low at $2.61 to a day high of $2.77. The price has risen in 6 of the last 10 days but is still down by -24.64% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -1 million shares and in total, 4 million shares were bought and sold for approximately $10.13 million.

Given the current short-term trend, the stock is expected to rise 27.64% during the next 3 months and, with a 90% probability hold a price between $3.36 and $5.19 at the end of this 3-month period.

WOOF Signals & Forecast

There are few to no technical positive signals at the moment. The Petco Health and Wellness Company, Inc. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $3.09 and $3.27. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Tuesday, May 20, 2025, and so far it has fallen -31.87%. 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 together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for Petco Health and Wellness Company, Inc. stock

On the downside, the stock finds support just below today's level from accumulated volume at $2.47 and $2.44. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Petco Health and Wellness Company, Inc. finds support just below today's level at $2.47. If this is broken, then the next support from accumulated volume will be at $2.44 and $2.41.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.160 between high and low, or 6.13%. For the last week, the stock has had daily average volatility of 8.39%.

Petco Health and Wellness Company, Inc. is oversold on RSI14 (22). Some stock may drop long and hard while being oversold on RSI before turning, which increases the general risk.

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

Trading Expectations (WOOF) For The Upcoming Trading Day Of Thursday 12th

For the upcoming trading day on Thursday, 12th we expect Petco Health and Wellness Company, Inc. to open at $2.67, and during the day (based on 14 day Average True Range), to move between $2.39 and $2.87, which gives a possible trading interval of +/-$0.242 (+/-9.18%) up or down from last closing price. If Petco Health and Wellness Company, Inc. takes out the full calculated possible swing range there will be an estimated 18.37% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $2.78 (5.51%) than the support at $2.47 (6.08%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Petco Health and Wellness Company, Inc. stock A Buy?

The Petco Health and Wellness Company, Inc. stock holds several negative signals and despite the positive trend, we believe Petco Health and Wellness Company, Inc. will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -4.313 Sell Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on June 12, 2025 - $2.67 ( 1.52%).

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