PACIFIC BIOSCIENCES OF CALIFORNIA stock forecast: down to 1.88 USD PACB stock price prognosis

STOCK

Forecast for Fri 21 Jun 2024 price 2.66

PACIFIC BIOSCIENCES OF CALIFORNIA stock price forecast for further price development down to -48.02% (time horizon: 1 day) and price target of 1.88 USD. Short-term (time horizon: 2 weeks) PACIFIC BIOSCIENCES OF CALIFORNIA share price prediction for 2024-06-21 with daily closed price projections

Key Facts

Symbol PACB 

ISIN US69404D1081 

CUSIP 69404D108

Currency USD

Category Laboratory Analytical Instruments

Forecast price change %

Relative Strength Index (RSI)

Finance numbers

Revenue 92,292,000.0

Earnings per share -0.29

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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

The number of individual bases identified contiguously is defined as read length. This cycle is repeated until the reaction is no longer viable. This amplification process can introduce errors known as amplification bias. Our consumable products include our proprietary SMRT Cells and reagent kits. These products are commonly called "laboratory developed tests" (LDTs). Our first commercial product launched in 2011 and we have had limited sales to date. In addition, we may see consolidation of our customer base. Moreover, we may not be able to obtain adequate insurance coverage on acceptable terms. If that happens, the market price of our stock would likely decrease. Some of our technology is subject to "march-in" rights by the U.S. government. Congress could also enact legislation restricting LDTs. The number and scope of these requirements are increasing. Any of these events could harm our business, operating results and financial condition. We have a significant number of authorized but unissued shares of common stock. Holders of the Notes are entitled to convert their Notes at any time at their option.

Summerized Form 10-K with GPT-2 https://www.sec.gov/Archives/edgar/data/1299130/000129913021000098/0001299130-21-000098.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 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 311356
A - OVERSEA-CHINESE BANKING Corp Ltd 2022-12-31 17497
A - OSAIC HOLDINGS, INC. 2023-06-30 40575
China Universal Asset Management Co., Ltd. 2023-06-30 17078
VOYA INVESTMENT MANAGEMENT LLC 2022-09-30 86587

Fund ownership list is based on filling form information

Fund name Date Amount Profile
Delaware Group Equity Funds V 2023-11-30 4079689 Long
BNY Mellon ETF Trust 2023-11-30 11878 Long
iShares Trust 2023-11-30 80689 Long
Putnam Asset Allocation Funds 2023-11-30 487 Long
SCHWAB STRATEGIC TRUST 2023-11-30 1057486 Long

Insider trading for PACIFIC BIOSCIENCES OF CALIFORNIA

CIK Name Date Action T-Test 1day T-Test 7day T-Test 14day T-Test 30day
1825421 Kim Susan G. 2024-02-20 SALE Reject Accept Reject Accept
1860876 Farmer Michele 2024-02-16 SALE Accept Accept Accept Accept
1942024 Eidel Jeff 2024-02-16 SALE Accept Accept Accept Accept
Assets / Liabilities

Bollinger Bollinger Bands for PACIFIC BIOSCIENCES OF CALIFORNIA can provide the information where the market is moving based on price information.

PACIFIC BIOSCIENCES OF CALIFORNIA Short Volume Ratio is shown in the diagram. Short volume sales can be seen as an investor sentiment.

Converting prices to returns PACIFIC BIOSCIENCES OF CALIFORNIA.

On-Balance Volume information for PACIFIC BIOSCIENCES OF CALIFORNIA. On-Balance Volume information can be an indicator for bullish or bearish outcome.

Accumulation / Distribution (A/D) indicator information for PACIFIC BIOSCIENCES OF CALIFORNIA. The indicator identify divergences between price and volume flow.

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

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

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

Stochastic Oscillator as momentum indicator for PACIFIC BIOSCIENCES OF CALIFORNIA. The indicator is useful for identifying overbought and oversold levels.

Relative Strength Index (RSI) for PACIFIC BIOSCIENCES OF CALIFORNIA. 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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PACIFIC BIOSCIENCES OF CALIFORNIA on Nasdaq

PACIFIC BIOSCIENCES OF CALIFORNIA on finviz

Figure below show the stock predictions.
Date Closing price Prediction was updated
2024-05-20 1.88 2024-04-26 06:19
2024-05-21 1.89 2024-04-26 06:19
2024-05-23 1.93 2024-04-26 06:19
2024-05-24 2.02 2024-04-26 06:19
2024-05-22 1.90 2024-04-26 06:19
2024-04-29 1.44 2024-04-26 06:19
2024-05-27 2.10 2024-04-26 06:19
2024-05-28 2.14 2024-04-26 06:19
2024-06-07 2.38 2024-04-26 06:19
2024-05-30 2.28 2024-04-26 06:19
2024-05-31 2.31 2024-04-26 06:19
2024-06-06 2.37 2024-04-26 06:19
2024-06-04 2.35 2024-04-26 06:19
2024-06-05 2.37 2024-04-26 06:19
2024-06-10 2.41 2024-04-26 06:19
2024-06-11 2.43 2024-04-26 06:19
2024-05-29 2.20 2024-04-26 06:19
2024-06-03 2.32 2024-04-26 06:19
2024-06-17 2.51 2024-04-26 06:19
2024-06-18 2.54 2024-04-26 06:19
2024-06-20 2.63 2024-04-26 06:19
2024-06-13 2.46 2024-04-26 06:19
2024-06-14 2.49 2024-04-26 06:19
2024-06-12 2.44 2024-04-26 06:19
2024-06-19 2.58 2024-04-26 06:19
2024-06-21 2.66 2024-04-26 06:19
2024-05-15 1.85 2024-04-26 06:19
2024-05-16 1.86 2024-04-26 06:19
2024-05-17 1.87 2024-04-26 06:19
2024-05-09 2.05 2024-04-26 06:19
2024-05-06 2.11 2024-04-26 06:19
2024-05-07 2.09 2024-04-26 06:19
2024-04-30 1.62 2024-04-26 06:19
2024-05-02 1.79 2024-04-26 06:19
2024-05-03 1.91 2024-04-26 06:19
2024-05-08 2.05 2024-04-26 06:19
2024-05-10 1.99 2024-04-26 06:19
2024-05-01 1.74 2024-04-26 06:19
2024-05-13 1.85 2024-04-26 06:19
2024-05-14 1.83 2024-04-26 06:19

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.