Evelo Biosciences stock forecast: up to 1.14 USD EVLO stock price prognosis

STOCK

Forecast for Thu 03 Aug 2023 price 1.16

Evelo Biosciences stock price forecast for further price development up to 775.75% (time horizon: 1 day) and price target of 1.14 USD. Short-term (time horizon: 2 weeks) Evelo Biosciences share price prediction for 2023-08-03 with daily closed price projections

Key Facts

Symbol EVLO 

ISIN US2997341035 

CUSIP 299734103


Currency USD


Category Pharmaceutical Preparations

Forecast price change %

Finance numbers

Earnings per share -2.37


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.

Description

Evelo Bioscience Inc develops and provides oral biologics. The products influence cells in the immune, metabolic, neurological systems.

http://ir.evelobio.com/
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 8.68/100
    • Not in ideal financial position.
    • Historical view, profit is not growing.
    • Company revenue is not growing faster compared with the industry.

Institutional ownership list is based on filling form information

Holding name Date Amount
Avantax Planning Partners, Inc. 2023-03-31 15000
NATIONAL BANK OF CANADA /FI/ 2022-12-31 100
Mayo Clinic 2022-12-31 479242
STATE OF MICHIGAN RETIREMENT SYSTEM 2022-12-31 4070728
Daiwa Securities Group Inc. 2022-12-31 156

Fund ownership list is based on filling form information

Fund name Date Amount Profile
Invesco Exchange-Traded Fund Trust II 2023-02-28 2078 Long
ProShares Trust 2023-02-28 8462 Long
Nationwide Mutual Funds 2023-01-31 347 Long
iShares Trust 2022-12-31 63092 Long
iShares Trust 2022-12-31 446490 Long


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


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



Converting prices to returns Evelo Biosciences.


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



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


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


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


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


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


Relative Strength Index (RSI) for Evelo Biosciences. 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 ].


52W High 52W Low Market Cap

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Evelo Biosciences on Nasdaq

Evelo Biosciences on finviz

Figure below show the stock predictions.
Date Closing price Prediction was updated
2023-08-02 1.14 2023-06-08 10:16
2023-08-03 1.16 2023-06-08 10:16
2023-07-31 1.09 2023-06-08 10:15
2023-08-01 1.11 2023-06-08 10:15
2023-06-21 0.34 2023-06-08 10:15
2023-06-14 0.21 2023-06-08 10:15
2023-06-15 0.23 2023-06-08 10:15
2023-06-16 0.26 2023-06-08 10:15
2023-06-19 0.28 2023-06-08 10:15
2023-06-20 0.31 2023-06-08 10:15
2023-06-22 0.36 2023-06-08 10:15
2023-06-23 0.39 2023-06-08 10:15
2023-06-26 0.42 2023-06-08 10:15
2023-06-27 0.45 2023-06-08 10:15
2023-06-30 0.52 2023-06-08 10:15
2023-06-12 0.15 2023-06-08 10:15
2023-06-13 0.18 2023-06-08 10:15
2023-06-28 0.47 2023-06-08 10:15
2023-06-29 0.50 2023-06-08 10:15
2023-07-03 0.55 2023-06-08 10:15
2023-07-04 0.57 2023-06-08 10:15
2023-07-05 0.60 2023-06-08 10:15
2023-07-06 0.63 2023-06-08 10:15
2023-07-07 0.65 2023-06-08 10:15
2023-07-10 0.68 2023-06-08 10:15
2023-07-11 0.71 2023-06-08 10:15
2023-07-12 0.74 2023-06-08 10:15
2023-07-13 0.76 2023-06-08 10:15
2023-07-14 0.79 2023-06-08 10:15
2023-07-17 0.82 2023-06-08 10:15
2023-07-18 0.85 2023-06-08 10:15
2023-07-19 0.88 2023-06-08 10:15
2023-07-20 0.90 2023-06-08 10:15
2023-07-21 0.93 2023-06-08 10:15
2023-07-24 0.96 2023-06-08 10:15
2023-07-25 0.98 2023-06-08 10:15
2023-07-26 1.01 2023-06-08 10:15
2023-07-27 1.04 2023-06-08 10:15
2023-07-28 1.06 2023-06-08 10:15

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.