TRACON PHARMACEUTICALS INC stock forecast: down to 1.81 USD TCON stock price prognosis

STOCK

Forecast for Fri 28 Jun 2024 price 1.51

TRACON PHARMACEUTICALS INC stock price forecast for further price development down to -80.35% (time horizon: 1 day) and price target of 1.81 USD. Short-term (time horizon: 2 weeks) TRACON PHARMACEUTICALS INC share price prediction for 2024-06-28 with daily closed price projections

Key Facts

Symbol TCON 


Currency USD


Category Biological Products (No Diagnostic Substances)

Forecast price change %

Relative Strength Index (RSI)

Finance numbers

Revenue 0.0


Earnings per share -1.87


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

In January 2021, we announced the NMPA had granted envafolimab NDA priority review. 8226; Higher anti-tumor efficacy. Tumor assessments were performed based on RECIST version 1.1. Starting from the 0.3 mg/kg cohort, a traditional "3+3" design was followed. All of the 18 enrolled subjects experienced TEAEs. Efficacy of dose escalation phase. As of the same date, three subjects had remained in the trial. The IND application filed by NCI cross references our IND application. These data were published in Investigational New Drugs in 2012. PD-1 and PD-L1 inhibitors collectively sold over $21 billion Worldwide in 2019. If TRC102 is approved, it could compete with other inhibitors of DNA repair. We currently do not have any sales or marketing capabilities or experience as a company. We hold an issued patent on further combinations of TRC102 in Europe. Recently, this period was extended to 8 years for all new drug approvals. Failure can occur at any stage of clinical development. The most common AE identified in the Phase 1/2 trial of TRC253 was QTcF prolongation. In July 2020, the FDA restarted domestic on-site inspections on a risk-based basis. Another drug may receive marketing approval prior to TRC 102. Accordingly, the market price of our common stock may decline. We may not be able to protect our intellectual property rights throughout the world. We cannot predict the initiatives that may be adopted in the future.

Summerized Form 10-K with GPT-2 https://www.sec.gov/Archives/edgar/data/1394319/000156459021008957/0001564590-21-008957.txt
Candlestick patterns

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



Bollinger Bollinger Bands for TRACON PHARMACEUTICALS INC can provide the information where the market is moving based on price information.


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



Converting prices to returns TRACON PHARMACEUTICALS INC.


On-Balance Volume information for TRACON PHARMACEUTICALS INC. On-Balance Volume information can be an indicator for bullish or bearish outcome.



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


Aroon Oscillator information for TRACON 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 TRACON PHARMACEUTICALS INC. The index can be used to identify the strengh of a trend.


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


Stochastic Oscillator as momentum indicator for TRACON PHARMACEUTICALS INC. The indicator is useful for identifying overbought and oversold levels.


Relative Strength Index (RSI) for TRACON 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 ].


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
2024-05-24 1.81 2024-05-04 13:02
2024-05-22 1.79 2024-05-04 13:02
2024-05-23 1.81 2024-05-04 13:02
2024-05-20 1.86 2024-05-04 13:02
2024-05-21 1.83 2024-05-04 13:02
2024-05-27 1.78 2024-05-04 13:02
2024-05-28 1.74 2024-05-04 13:02
2024-05-29 1.76 2024-05-04 13:02
2024-05-30 1.75 2024-05-04 13:02
2024-06-07 1.66 2024-05-04 13:02
2024-06-05 1.69 2024-05-04 13:02
2024-06-03 1.69 2024-05-04 13:02
2024-06-04 1.69 2024-05-04 13:02
2024-05-31 1.73 2024-05-04 13:02
2024-06-06 1.68 2024-05-04 13:02
2024-06-10 1.66 2024-05-04 13:02
2024-06-12 1.63 2024-05-04 13:02
2024-06-13 1.62 2024-05-04 13:02
2024-06-11 1.64 2024-05-04 13:02
2024-06-17 1.60 2024-05-04 13:02
2024-06-18 1.59 2024-05-04 13:02
2024-06-19 1.58 2024-05-04 13:02
2024-06-14 1.62 2024-05-04 13:02
2024-06-20 1.58 2024-05-04 13:02
2024-06-24 1.55 2024-05-04 13:02
2024-06-25 1.54 2024-05-04 13:02
2024-06-21 1.56 2024-05-04 13:02
2024-06-26 1.54 2024-05-04 13:02
2024-06-28 1.51 2024-05-04 13:02
2024-06-27 1.52 2024-05-04 13:02
2024-05-08 1.91 2024-05-04 13:02
2024-05-13 1.84 2024-05-04 13:02
2024-05-14 1.84 2024-05-04 13:02
2024-05-15 1.88 2024-05-04 13:02
2024-05-16 1.85 2024-05-04 13:02
2024-05-09 1.97 2024-05-04 13:02
2024-05-17 1.85 2024-05-04 13:02
2024-05-10 1.87 2024-05-04 13:02

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.