GRAYBUG VISION, INC stock forecast: up to 8.48 USD GRAY stock price prognosis

STOCK

Forecast for Tue 04 Jun 2024 price 12.32

GRAYBUG VISION, INC stock price forecast for further price development up to 109.79% (time horizon: 1 day) and price target of 8.48 USD. Short-term (time horizon: 2 weeks) GRAYBUG VISION, INC share price prediction for 2024-06-04 with daily closed price projections

Key Facts

Symbol GRAY 

ISIN US38942Q1031 

CUSIP 38942Q103


Currency USD


Category Pharmaceutical Preparations

Forecast price change %

Relative Strength Index (RSI)

Finance numbers

Earnings per share -3.22


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

We expect to report topline data from the Phase 2b clinical trial in March of 2021. For example, GB-401 has been developed using this approach. We intend to conduct a Phase 2b trial in patients with DME in the second half of 2021. The figure below illustrates the primary effects of wet AMD. Phase 2b trial of GB-102 in patients with wet AMD. Secondary endpoints will include pharmacodynamic evaluation of IOP. Accordingly, GB-102 would directly compete with these therapies. This family includes one U.S. application. New sales-based milestones were added for the second and third licensed products. The cost of preparing and submitting an NDA is substantial. We use the Maryland facility for our internal research and development activities. RISK FACTORS Investing in our common stock involves a high degree of risk. Clinical trials of our product candidates may not be successful. The regulatory approval process is expensive, time-consuming and uncertain. We may not be successful in such a transition. The most common AE observed in more than one patient was vitreous floaters (n=5). The majority of AEs occurred in one patient. We have no experience manufacturing any of our product candidates at a commercial scale. We are not currently party to any such arrangement. We face significant competition in seeking appropriate collaborators. We may not be aware of third-party patents that a third party might assert against us. We may not be able to enforce our intellectual property rights throughout the world. We have not submitted for approval to market GB-102 or any other product candidate. These lock-up agreements pertaining to our IPO will expire March 24, 2021.

Summerized Form 10-K with GPT-2 https://www.sec.gov/Archives/edgar/data/1534133/000156459021011305/0001564590-21-011305.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 30.38/100
    • Good 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

Fund ownership list is based on filling form information

Fund name Date Amount Profile
Fidelity Concord Street Trust 2023-02-28 42957 Long
Bridgeway Funds, Inc. 2022-12-30 41900 Long
Fidelity Concord Street Trust 2023-02-28 6561 Long
Fidelity Concord Street Trust 2023-02-28 13171 Long


Bollinger Bollinger Bands for GRAYBUG VISION, INC can provide the information where the market is moving based on price information.


GRAYBUG VISION, INC Short Volume Ratio is shown in the diagram. Short volume sales can be seen as an investor sentiment.



Converting prices to returns GRAYBUG VISION, INC.


On-Balance Volume information for GRAYBUG VISION, INC. On-Balance Volume information can be an indicator for bullish or bearish outcome.



Accumulation / Distribution (A/D) indicator information for GRAYBUG VISION, INC. The indicator identify divergences between price and volume flow.


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


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


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


Stochastic Oscillator as momentum indicator for GRAYBUG VISION, INC. The indicator is useful for identifying overbought and oversold levels.


Relative Strength Index (RSI) for GRAYBUG VISION, INC. 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

Similar shares


GRAYBUG VISION, INC on Nasdaq

GRAYBUG VISION, INC on finviz

Figure below show the stock predictions.
Date Closing price Prediction was updated
2024-05-06 8.48 2024-04-09 06:59
2024-05-07 8.64 2024-04-09 06:59
2024-05-08 8.80 2024-04-09 06:59
2024-05-09 8.98 2024-04-09 06:59
2024-05-10 9.21 2024-04-09 06:59
2024-05-13 9.47 2024-04-09 06:59
2024-05-14 9.63 2024-04-09 06:59
2024-05-15 9.81 2024-04-09 06:59
2024-05-16 9.97 2024-04-09 06:59
2024-05-17 10.19 2024-04-09 06:59
2024-05-20 10.41 2024-04-09 06:59
2024-05-21 10.58 2024-04-09 06:59
2024-05-22 10.74 2024-04-09 06:59
2024-05-23 10.90 2024-04-09 06:59
2024-05-24 11.07 2024-04-09 06:59
2024-05-27 11.30 2024-04-09 06:59
2024-05-28 11.47 2024-04-09 06:59
2024-05-29 11.65 2024-04-09 06:59
2024-05-30 11.78 2024-04-09 06:59
2024-05-31 11.95 2024-04-09 06:59
2024-06-03 12.14 2024-04-09 06:59
2024-06-04 12.32 2024-04-09 06:59

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.