Trading Signals: MRNA Stock Price Prediction and Forecast

^ MRNA: Intraday Forecast Similar Waves Research Timing Gains Losses Strategies Practice

Tue. Nov. 3, 2020

Trading Signals: MRNA Stock Price Prediction and Forecast (Fri. Dec. 7, 2018 - Fri. Jan. 15, 2021)

(Moderna, Inc)
MRNA latest price $69.0800 (2.94%) ($66.5900 - $69.2500) on Tue. Nov. 3, 2020.

Trend Analysis and Forecast

Trend Pattern   Downtrend Pop
Trend Narrative   After Bottom
Average Daily Price Swing   $3.1 (4.34% one month average)
Average Daily Percentage Swing   3.54% (three month average)
Weekly Trend Force   -0.3% (StdDev 3.54%)
Daily Moving Force   -0.5%
Rebound Strength   None(0%)
Trend   -0.58%
Latest Price   $69.0800(2.94%)
Forecasted Low Price   67.91(-1.7%)
Forecasted High Price   69.7(0.9%)
Direction of Next Movement   Range(-0.5%)
% Change Needed to Confirm Rebound   1.4% ((70.08))
% Change Needed for Trend Reversal   1.8%
Hourly Trend -0.9% [$67.74(-0.62), $68.68(0.12)]
Stocks Behave Similarly   Similar Stock List
Complacency   2
Intraday Reversal Probability   N/A.
Daily Trend   MRNA declines -0.5% a day on average for past five trading days.
Weekly Trend   MRNA declines -3.7% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support MRNA decline at-0.5% a week (40% probability)
IBB(44%)    IPO(43%)    XBI(42%)    EDOC(37%)    SMH(33%)
Factors Impacting MRNA price   MRNA will advance at least 0.8% in a week (13% probabilities).
VIXM(-19%)    VXX(-13%)    UUP(-6%)    UNG(-3%)    IYT(-3%)
Explanation The decline is not sustainable and not supported by the broad market.
Trading Plan   Not Available

Valuation to SPY -1

Relative Volatility -0.2 (options are faily valued)

Market Trend Strength   0% (StdDev 3.54%)
Hourly BBV 0.9 ()
Intraday Trend 3.5%

Next Day Open Price   $69.38(0.44%)
1 - 5 Day Possible Target   $63.14(-8.6%)
Inflection Point   Yes
Resistance Level   $71.43
5 Day Moving Average   $68.14(1.38%)
10 Day Moving Average   $69.09(-0.01%)
20 Day Moving Average   $71.43(-3.29%)
To recent high   -12%
To recent low   27.1%
Market Cap   $27.168b

Option Sentiment

Earning Release Date   Wed. Mar. 10, 2021
Analyst One Year Target Price   $92.29 ($41.00 - $136.00)
  14 analysts (last updated on Fri. Oct. 30, 2020)
% to Average Target Price   33.6%
% to Low Target Price   -40.65%
% to High Target Price   96.87%

Moderna, Inc. engages in the development of transformative medicines based on messenger ribonucleic acid (mRNA). Its product pipeline includes the following modalities: prophylactic vaccines, cancer vaccines, intratumoral immuno-oncology, localized regenerative therapeutics, systemic secreted therapeutics, and systemic intracellular therapeutics. The company was founded by Noubar B. Afeyan, Robert S. Langer, Jr., Derrick J. Rose and Kenneth R. Chien in 2010 and is headquartered in Cambridge, MA.

July 7, 2020 MRNA, which has developed a vaccine candidate mRNA-1273, is in its phase 2 clinical trials. The mRNA is a molecule that genetically encodes a set of instructions, based on which cells make proteins and send them to various parts of the body.

$. Technical analysis works only if the market conditions in the future are not drastically different from the past. Always read market news to understand the causes of the price movement before making a trading decision. News

$. MRNA price fluctuates within 4.34% (three month std-dev: 3.54% one year average std_dev: 0%) daily (68% of days).
$. MRNA price fluctuates within 0% weekly (one year average std_dev: %).

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20201203

i	Date	ema20(Trend)	ema10(Trend)	ema5(Trend)	Slow Hourly Trend	Fast Hourly Trend	Close	ActualPriceRange	BBV	Hourly BBV	Daily Moving Force	Weekly Trend Force	Reversal Force	Trend	Trend Pattern	Next Direction	C	RSI	Scale	RV	VIXCD	Trend-Narrative	NextDay PriceTarget	NextDayPriceRange	Volume millions	To High-Low
1	Nov_3_2020	71.43 (-0.2%)	69.09 (-0.9%)	68.14 (-0.5%)	68.68	67.74(0%)	69.08(2.94%)	66.59-69.25	-0.7(-0.8)	0.9	-0.5%	-0.3%	0%	-0.58%	Downtrend Pop	Range(-0.8%)	2	37	1.2	-1	-1.6	After Bottom	69.09(0.02%)	67.73-70.2	4.37	-12%-27.1%
2	Nov_2_2020	71.54 (-0.2%)	69.29 (-1%)	68.45 (-0.9%)	68.56	68.36(0%)	67.11(-0.53%)	66.55-68.6	-1.3(-1.4)	-0.8	-1.4%	-0.5%	0%	-0.66%	Growing Downtrend	Range(-1.6%)	2	31	1.2	-1	-2.5	Downtrend	66.62(-0.73%)	66.11-67.83	4.65	-14.5%-23.5%
3	Oct_30_2020	71.81 (-0.1%)	69.69 (-1.1%)	69.08 (-0.9%)	69.25	69.63(0%)	67.47(-5.35%)	66.85-71.49	-1.3(-1.5)	-1	0.3%	-0.7%	0%	-0.66%	Downtrend Consolidation	Higher(2.3%)	2	39	1.1	-0.9	-2.2	Growing Downtrend	67.02(-0.66%)	66.5-68.16	7.09	-14%-24.2%
4	Oct_29_2020	71.92 (-0.1%)	70.32 (-1%)	69.69 (0.1%)	69.5	68.76(0%)	71.28(8.43%)	66.23-74.54	-0.2(-0.2)	0.6	-0.1%	-0.3%	0%	-0.58%	Growing Downtrend	Range(-0.4%)	1	48	1.1	-0.8	-2.4	Downtrend	70.74(-0.76%)	70.44-71.42	13.78	-10.4%-31.2%
5	Oct_28_2020	71.87 (-0%)	70.69 (-1%)	69.6 (-0.8%)	69.72	68.87(0%)	65.74(-6.98%)	65.49-69.47	-1.9(-2.2)	-2.3	-1.4%	-1.2%	0%	-0.54%	Growing Downtrend	Range(0.9%)	2	38	1.1	-1	-2.4	Downtrend	65.49(-0.38%)	64.96-66.71	6.04	-19.3%-21%

6	Oct_27_2020	72.16 (0.1%)	71.78 (-0.9%)	70.13 (-0.2%)	70.39	70.24(0%)	70.67(0.61%)	68.81-71.35	-0.4(-0.6)	1.1	-0.2%	-0.7%	0%	-0.4%	Growing Downtrend	Range(-0.9%)	3	48	1	-0.9	-0.6	Correction	68.81(-2.63%)	68.47-70.18	3.81	-13.3%-30.1%
7	Oct_26_2020	72.17 (0.1%)	72.49 (-0.6%)	70.26 (-0.2%)	70.28	70.58(0%)	70.24(-0.41%)	68.7-71.32	-0.6(-0.8)	-1	-0.2%	-0.5%	0%	-0.26%	Growing Downtrend	Range(-0.5%)	4	51	1	-0.9	-0.2	Correction	68.6(-2.33%)	68.29-69.87	3.87	-13.8%-29.3%
8	Oct_23_2020	72.21 (0.2%)	73 (-0.5%)	70.4 (-1%)	70.69	70.54(0%)	70.53(-0.44%)	68.8-72.4	-0.6(-0.7)	-2.3	0.1%	-0.3%	0%	-0.18%	Downtrend Consolidation	Range(0%)	4	49	1	-0.9	0.8	Correction	69.09(-2.04%)	68.79-70.28	3.74	-13.4%-29.8%
9	Oct_22_2020	72.18 (0.2%)	73.28 (-0.2%)	71.08 (-1.3%)	71.03	69.98(0%)	70.84(3.61%)	68.4-72.53	-0.4(-0.5)	-1.4	-1.4%	-0.1%	0%	-0.04%	Downtrend Pop	Range(-1.5%)	5	57	1.1	-0.9	0.6	Correction	69.44(-1.98%)	69.12-70.7	5.21	-14.9%-30.4%
10	Oct_21_2020	71.94 (0.3%)	73.53 (0.1%)	72.03 (-2.2%)	72.3	70.84(0%)	68.37(-4.12%)	68.06-71.58	-1.1(-1.2)	-5.2	-1.9%	-0.4%	0%	0.14%	Downtrend Reversal	Range(-0.2%)	6	50	1.2	-1	0.1	Downtrend Reversal	67.2(-1.71%)	66.91-68.37	4.61	-17.8%-25.8%

11	Oct_20_2020	71.92 (0.4%)	74 (0.5%)	73.67 (-1.9%)	73.66	72.08(0%)	71.31(0.49%)	70.65-73.1	-0.2(-0.2)	-2.8	-2.2%	0%	0%	0.38%	Downtrend Reversal	Lower(-2.2%)	7	54	1.2	-0.9	0.2	Uptrend Consolidation	71.5(0.27%)	71.46-71.61	5.44	-14.3%-31.2%
12	Oct_19_2020	71.81 (0.6%)	74.04 (0.7%)	75.07 (-1.2%)	75.27	73.76(0%)	70.96(-4.03%)	70.5-74.09	-0.3(-0.3)	-2.6	-1.8%	-0.1%	0%	0.58%	Downtrend Reversal	Range(0.1%)	8	54	1.1	-0.8	1.2	Uptrend Consolidation	71.31(0.5%)	71.27-71.47	6.93	-14.7%-30.6%
13	Oct_16_2020	71.75 (0.7%)	74.19 (0.9%)	75.94 (0.3%)	76.62	75.23(0%)	73.94(-2.17%)	73.67-76.93	0.6(0.7)	-1.1	-0.9%	0.5%	0%	0.76%	Uptrend Consolidation	Range(0.7%)	8	61	1	-0.8	0.9	Uptrend Dip	75.58(2.22%)	73.14-76.19	4.69	-22%-36.1%
14	Oct_15_2020	71.54 (0.9%)	73.74 (0.9%)	75.75 (0.7%)	76.44	76.77(0%)	75.58(-1.28%)	73.71-76.49	1.1(1.3)	0.5	-0.4%	0.7%	0%	0.8%	Uptrend	Range(0.9%)	8	69	1	-0.7	0.7	After Top	75.53(-0.07%)	73.33-77.33	5.01	-20.3%-39.1%
15	Oct_14_2020	71.15 (1%)	73.19 (1%)	75.22 (1.1%)	75.89	78(0%)	76.56(-2.21%)	76.33-80.01	1.6(1.8)	1.4	2%	0.7%	0%	0.86%	Growing Uptrend	Higher(3.8%)	8	79	0.9	-0.7	0.9	Uptrend Dip	78.23(2.18%)	74.43-79.18	6.64	-19.3%-40.9%

16	Oct_13_2020	70.74 (1.2%)	72.59 (1%)	74.38 (2%)	74.59	76.1(0%)	78.29(3.96%)	75.52-81.37	2.4(2.6)	1.8	2.5%	1.1%	-2.9%	0.88%	Growing Uptrend	Lower(-4.6%)	8	75	0.9	-0.6	0.9	Breakout	78.84(0.7%)	76.78-79.72	13.67	-17.5%-44.1%
17	Oct_12_2020	70.14 (1.4%)	71.76 (0.9%)	72.93 (0.9%)	73.14	73.77(0%)	75.31(3.16%)	72.92-75.85	1.8(2)	2.4	0.9%	0.7%	0%	0.8%	Growing Uptrend	Range(1.6%)	8	65	0.8	-0.7	1.3	Uptrend	75.71(0.53%)	74.32-76.3	7.59	-20.6%-38.6%
18	Oct_9_2020	69.56 (1.1%)	71.25 (0.7%)	72.26 (1.2%)	72.48	73.09(0%)	73(0.1%)	72.39-73.67	1(1.1)	2.3	0.9%	0.6%	0%	0.74%	Growing Uptrend	Range(1.5%)	8	60	0.9	-0.7	1.1	Growing Uptrend	73.8(1.09%)	72.33-74.16	4.77	-23%-34.3%
19	Oct_8_2020	68.91 (0.8%)	70.9 (0.4%)	71.42 (0.8%)	71.87	72.5(0%)	72.93(0.77%)	72.01-73.76	0.8(1)	3.2	1%	1.1%	0%	0.62%	Growing Uptrend	Range(2.1%)	7	57	1.1	-0.7	1.1	Growing Uptrend	73.79(1.18%)	72.32-74.16	4.02	-23.1%-34.2%
20	Oct_7_2020	68.18 (0.6%)	70.15 (0.3%)	70.84 (0.5%)	70.9	71.88(0%)	72.37(1.87%)	70.96-73.24	0.8(1)	0.8	0.8%	0.8%	0%	0.46%	Growing Uptrend	Range(1.6%)	6	61	1.3	-0.7	0.7	Uptrend	72.81(0.61%)	71.67-73.31	4.19	-23.7%-33.2%

21	Oct_6_2020	67.44 (0.4%)	69.63 (0.2%)	70.52 (0.2%)	70.29	71.24(0%)	71.04(-1.26%)	70.31-73.92	0.6(0.7)	0.1	0.9%	0.6%	0%	0.38%	Growing Uptrend	Range(2.1%)	5	56	1.5	-0.7	0.3	After Top	70.8(-0.34%)	69.04-72.24	7.29	-25.1%-30.7%
22	Oct_5_2020	66.65 (0.3%)	69.39 (0.2%)	70.41 (0.4%)	70.39	69.92(0%)	71.95(4.56%)	69.05-72.02	1(1)	1.7	0.5%	0.5%	0%	0.36%	Growing Uptrend	Range(1%)	4	63	1.6	-0.6	0.5	Uptrend	72.19(0.34%)	70.85-72.78	6.52	-24.1%-32.4%
23	Oct_2_2020	66.17 (0.3%)	69.09 (0.3%)	70.13 (-0.2%)	70.34	69.34(0%)	68.81(-1.74%)	67.25-72.77	0.5(0.5)	-0.9	-1.2%	-0%	0%	0.42%	Downtrend Reversal	Range(-0.3%)	5	65	1.5	-0.7	0.7	Uptrend Consolidation	68.16(-0.94%)	67.77-69.33	8	-27.5%-26.6%
24	Oct_1_2020	65.96 (0.3%)	69.19 (0.5%)	70.26 (1.4%)	70.59	70.85(0%)	70.03(-1.02%)	68.16-70.2	0.8(0.8)	0.4	0.1%	0.3%	0%	0.62%	Growing Uptrend	Range(0.9%)	6	76	1.5	-0.7	0.9	Uptrend	70.72(0.98%)	69.24-71.34	6.84	-26.2%-28.9%
25	Sep_30_2020	65.68 (0.2%)	68.98 (0.6%)	69.29 (1.1%)	70.14	71.34(0%)	70.75(0.33%)	70.16-75.39	1(1)	1.6	1.7%	0.4%	0%	0.68%	Growing Uptrend	Range(2.1%)	6	79	1.5	-0.6	0.8	Uptrend	71.35(0.85%)	69.7-72.06	15.69	-25.4%-30.2%
i	Date	ema20(Trend)	ema10(Trend)	ema5(Trend)	Slow Hourly Trend	Fast Hourly Trend	Close	ActualPriceRange	BBV	Hourly BBV	Daily Moving Force	Weekly Trend Force	Reversal Force	Trend	Trend Pattern	Next Direction	C	RSI	Scale	RV	VIXCD	Trend-Narrative	NextDay PriceTarget	NextDayPriceRange	Volume millions	To High-Low

Click to see actual return for next trading day.