Amarin stock forecast: up to 0.94 USD AMRN stock price prognosis

STOCK

Forecast for Wed 12 Jun 2024 price 0.98

Amarin stock price forecast for further price development up to 8.96% (time horizon: 1 day) and price target of 0.94 USD. Short-term (time horizon: 2 weeks) Amarin share price prediction for 2024-06-12 with daily closed price projections

Key Facts

Symbol AMRN 

ISIN US0231112063 

CUSIP 023111206


Currency USD


Category Pharmaceutical Preparations

Forecast price change %

Relative Strength Index (RSI)

Finance numbers

Revenue 601,237,000.0


Earnings per share 0.01


On our site we made daily predictions for finance products based on statistical analysis. You can export / download forecasted data as CSV file, no login required. The information can be used for day trading.

Summerized Form 10-K with GPT-2

Our registered office is located at One New Change, London EC4M 9AF, England. We expect to receive a decision from the NMPA in Mainland China near the end of 2021. The review process in Hong Kong is expected to conclude near the end of 2021. On November 4, 2020, our rehearing and en banc petitions were denied. In April 2011, we reported topline results from the ANCHOR trial. There were no treatment-related serious adverse events in this study. As such, the resulting conclusions from such sources should be viewed with caution. VASCEPA is under registration in additional countries in the MENA region. Multiple generic versions of Lovaza are available in the United States. Both studies were conducted to support a planned 505(b)(2) registration pathway. In August 2020, Afimmune reported Ph2a study results of epeleuton in patients with NAFLD. Most regulatory regimes outside the United States are similar in this regard. In contrast, mean LDL-C levels have decreased. The data are generated in two distinct development stages: preclinical and clinical. The lawsuit, captioned Amarin Pharma, Inc., et al. A trade deal was entered into between the UK and the EU on December 24, 2020. Unlike Medicare Part A and B, Part D coverage is not standardized. It is impossible to determine whether similar taxes could be instated in the future. The rebates are calculated as the difference between the annual Non-FAMP and FCP. We are the owner of the above-listed patents. In November 2020, Hikma launched its generic version of VASCEPA on a limited scale. We seek ways to continually improve in this area. We 33 have not had any mass layoffs of employees. 8226; Our promotion of VASCEPA is subject to regulatory scrutiny and associated risk. &# A secondary goal for this patient population is to reduce cardiovascular risk. Our promotion of VASCEPA is subject to regulatory scrutiny and associated risk generally. We are cooperating with the DOJ. Results are expected in fourth quarter of 2021. In addition, COVID-19 has limited the ability of suppliers to be inspected. In January 2020, HLS obtained an extended regulatory exclusivity designation. We plan to vigorously defend our rights under issued patents. We may require substantial additional resources to fund our operations. There can be no assurance that we will not be considered a PFIC for any taxable year.

Summerized Form 10-K with GPT-2 https://www.sec.gov/Archives/edgar/data/897448/000156459021008382/0001564590-21-008382.txt
Candlestick patterns

Candlestick patterns can be used as additional information for price prediction. Following list show which pattern applies on latest price information.

  • Meta analyst score 65.10/100
    • Good financial position.
    • Historical view, profit is growing.
    • Company revenue is not growing faster compared with the industry.
    • Stock price is under book price value.

Institutional ownership list is based on filling form information

Holding name Date Amount
A - BARCLAYS PLC 2023-06-30 9500
China Universal Asset Management Co., Ltd. 2023-06-30 5038
B. Riley Wealth Advisors, Inc. 2022-12-31 11630
Parallax Volatility Advisers, L.P. 2022-12-31 900849
Cassady Schiller Wealth Management, LLC 2022-12-31 490

Fund ownership list is based on filling form information

Fund name Date Amount Profile
Columbia Funds Series Trust I 2023-11-30 759 Long
Columbia Funds Series Trust II 2023-11-30 101778 Long
Columbia Funds Series Trust 2023-11-30 299272 Long
ProShares Trust 2023-11-30 24545 Long
Fidelity Concord Street Trust 2023-11-30 214385 Long


Bollinger Bollinger Bands for Amarin can provide the information where the market is moving based on price information.


Amarin Short Volume Ratio is shown in the diagram. Short volume sales can be seen as an investor sentiment.



Converting prices to returns Amarin.


On-Balance Volume information for Amarin. On-Balance Volume information can be an indicator for bullish or bearish outcome.



Accumulation / Distribution (A/D) indicator information for Amarin. The indicator identify divergences between price and volume flow.


Aroon Oscillator information for Amarin. The trend-following indicator can show the strengh of a current trend and likelihood that trend can continue.


Average Directional Index (ADX) information for Amarin. The index can be used to identify the strengh of a trend.


Moving Average Convergence Divergence (MACD) for Amarin. The indicator helps to predict trend direction and the momentum of the trend.


Stochastic Oscillator as momentum indicator for Amarin. The indicator is useful for identifying overbought and oversold levels.


Relative Strength Index (RSI) for Amarin. RSI is a momentum oscillator that measures the speed and change of price development. The momentum indicator was created by analyst Welles Wilder. The result compares recent gains and losses over restricted time period. Primary usage of the indicator is to identify overbought or oversold signals. When RSI indicator reaches a value of 70 it could mean that speculators should consider selling, suggests Wilder and Chong. Or vice versa when selling excess at which the RSI Indicators show a value of 30 [ Relative Strength Index for Developing Effective Trading Strategies in Constructing Optimal Portfolio ].


Heikin Ashi trading signals are generated based on the Heikin Ashi candles, which are a type of candlestick that smooths out the price action and can help to identify trends. Heikin Ashi signals can be used to identify both long and short trading opportunities.


The awesome oscillator is a momentum indicator that measures the speed and strength of price movements. It is calculated by subtracting a 34-period simple moving average (SMA) from a 5-period SMA.


The Parabolic SAR indicator is a trend-following indicator that uses a series of dots to indicate when a trend is likely to reverse. The Parabolic SAR is a lagging indicator, meaning that it does not predict reversals, but rather confirms them after they have already occurred.


Moving Average Crossover


52W High 52W Low Market Cap

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Figure below show the stock predictions.
Date Closing price Prediction was updated
2024-05-22 0.94 2024-04-17 14:07
2024-05-24 0.95 2024-04-17 14:07
2024-05-23 0.95 2024-04-17 14:07
2024-05-20 0.94 2024-04-17 14:07
2024-05-21 0.94 2024-04-17 14:07
2024-05-27 0.95 2024-04-17 14:07
2024-05-28 0.95 2024-04-17 14:07
2024-05-29 0.96 2024-04-17 14:07
2024-05-30 0.96 2024-04-17 14:07
2024-06-07 0.98 2024-04-17 14:07
2024-06-05 0.97 2024-04-17 14:07
2024-06-03 0.97 2024-04-17 14:07
2024-06-04 0.97 2024-04-17 14:07
2024-05-31 0.96 2024-04-17 14:07
2024-04-19 0.90 2024-04-17 14:07
2024-06-06 0.97 2024-04-17 14:07
2024-06-10 0.98 2024-04-17 14:07
2024-06-11 0.98 2024-04-17 14:07
2024-06-12 0.98 2024-04-17 14:07
2024-04-23 0.91 2024-04-17 14:07
2024-05-13 0.93 2024-04-17 14:07
2024-05-14 0.93 2024-04-17 14:07
2024-04-29 0.93 2024-04-17 14:07
2024-04-30 0.92 2024-04-17 14:07
2024-05-01 0.92 2024-04-17 14:07
2024-05-02 0.91 2024-04-17 14:07
2024-05-08 0.91 2024-04-17 14:07
2024-04-22 0.91 2024-04-17 14:07
2024-04-18 0.90 2024-04-17 14:07
2024-05-15 0.93 2024-04-17 14:07
2024-04-26 0.93 2024-04-17 14:07
2024-05-16 0.94 2024-04-17 14:07
2024-05-09 0.91 2024-04-17 14:07
2024-05-17 0.94 2024-04-17 14:07
2024-04-24 0.92 2024-04-17 14:07
2024-04-25 0.92 2024-04-17 14:07
2024-05-03 0.91 2024-04-17 14:07
2024-05-06 0.91 2024-04-17 14:07
2024-05-07 0.91 2024-04-17 14:07
2024-05-10 0.92 2024-04-17 14:07

The forecast (dashed curve) of the share price performance is based on historical data. Our forecast model is based on mathematical, statistical methods. The website offers price forecasts and analysis tools for equities and other securities, which are exclusively based on the prices of these securities in the past. Information about these prices is provided to us by third parties. Although we believe, If we believe that our sources are reliable, we cannot guarantee the accuracy, completeness, timeliness and correct sequencing of this information. We do not investigate the issuers of the securities to which our forecasts relate, nor do we consider any financial data or other data of such issuers with the exception of the past prices of the securities. Therefore, our forecasts do not constitute an analysis of other commercial or financial factors or circumstances, that may be relevant for future security price flows. Investments require additional considerations. Our forecasts cannot reflect the specific situation. Experience and risk profile of an individual investor or the tax implications an investment may have for the investor. Although we believe that our mathematical models are a tool to try to explore the possibility for future price development with the help of past performance, such developments are subject to a multitude of different influences. and therefore not really predictable. We cannot guarantee the success of any investment you make based on the information published here. This website is for information purposes only. All information and data on this website cannot be guaranteed to be accurate, accuracy, completeness and appropriateness - neither explicit nor implicit.