MERRIMACK PHARMACEUTICALS INC stock forecast: up to 3.87 USD MACK stock price prognosis
Forecast for Tue 29 Nov 2022 price
MERRIMACK PHARMACEUTICALS INC stock price forecast for further price development up to 5.58% (time horizon: 1 day) and price target of 3.87 USD. Positive news sentiment. Short-term (time horizon: 2 weeks) MERRIMACK PHARMACEUTICALS INC share price prediction for 2022-11-29 with daily closed price projections
News <--> Close correlation for next day influence (-0.03)
Earnings per share
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The forecast (dashed curve) of the share price performance is based on historical data.
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Summerized Form 10-K with GPT-2
We are seeking potential acquirers for our remaining preclinical and clinical assets. We have engaged external consultants to run our day-to-day operations. In May 2019, we monetized certain assets to strengthen our cash position. The special dividend resulted in a decrease to additional paid-in capital. We do not expect to be profitable from our continuing operations in the future. As of December 31, 2020, we had an accumulated deficit of $543.6 million. Since July 12, 2019, we no longer have any employees. Certain liabilities remain with us post-closing. Elevation did not assume any of the excluded liabilities under the Elevation agreement.
Candlestick patterns can be used as additional information for price prediction. Following list show which pattern applies on latest price information.
Meta analyst score 43.40/100
Not in ideal financial position.
Historical view, profit is growing.
Company revenue is not growing faster compared with the
Stock price is under book price value.
Institutional ownership list is based on filling form information
Bollinger Bollinger Bands for MERRIMACK PHARMACEUTICALS INC can provide the information where the market is moving based on price information.
MERRIMACK PHARMACEUTICALS INC Short Volume Ratio is shown in the diagram. Short volume sales can be seen as an investor sentiment.
On-Balance Volume information for MERRIMACK PHARMACEUTICALS INC. On-Balance Volume information can be an indicator for bullish or bearish outcome.
Accumulation / Distribution (A/D) indicator information for MERRIMACK PHARMACEUTICALS INC. The indicator identify divergences between price and volume flow.
Aroon Oscillator information for MERRIMACK PHARMACEUTICALS 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 MERRIMACK PHARMACEUTICALS INC. The index can be used to identify the strengh of a trend.
Moving Average Convergence Divergence (MACD) for MERRIMACK PHARMACEUTICALS INC. The indicator helps to predict trend direction and the momentum of the trend.
Stochastic Oscillator as momentum indicator for MERRIMACK PHARMACEUTICALS INC. The indicator is useful for identifying overbought and oversold levels.
Relative Strength Index (RSI) for MERRIMACK PHARMACEUTICALS 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