TELA BIO, INC stock forecast: down to 4.91 USD TELA stock price prognosis

STOCK

Forecast for Wed 03 Jul 2024 price 5.15

TELA BIO, INC stock price forecast for further price development down to -10.86% (time horizon: 1 day) and price target of 4.91 USD. Short-term (time horizon: 2 weeks) TELA BIO, INC share price prediction for 2024-07-03 with daily closed price projections

Key Facts

Symbol TELA 

ISIN US8723811084 

CUSIP 872381108


Currency USD


Category Surgical & Medical Instruments & Apparatus

Forecast price change %

Relative Strength Index (RSI)

Finance numbers

Revenue 20,364,000.0


Earnings per share -2.16


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

Our BRAVO study was fully enrolled at 92 patients. Our business has been impacted by the COVID-19 pandemic. As of December 31, 2020, we had an accumulated deficit of $196.7 million. This leads to increased risk of bulging of the material or hernia recurrence. Additionally, biologic matrices are typically expensive to source. In addition, we continue to pursue contracts with additional GPOs and IDNs. Increasing product permeability encourages a more-natural healing response. None required a surgical intervention. Most Class II devices are subject to premarket review and clearance by the FDA. There are many potential bases for liability under the False Claims Act. 8203;COVID-19 has and may continue to have an impact on ports and trade globally. Our long-term growth depends on our ability to enhance our product offerings. We may fail to obtain any of these licenses on commercially reasonable terms, if at all. Our issued U.S. patents will expire between 2035 and 2038. Third parties may assert ownership or commercial rights to inventions we develop. Intellectual property rights do not necessarily address all potential threats. In addition, a PMA generally requires the performance of one or more clinical trials. In the EEA, we have obtained the CE mark for our OviTex products. Any of these actions could significantly and negatively affect supply of our products. There is additional uncertainty in light of the new Presidential administration. We do not have redundant facilities. We are subject to the periodic reporting requirements of the Exchange Act.

Summerized Form 10-K with GPT-2 https://www.sec.gov/Archives/edgar/data/1561921/000155837021003483/0001558370-21-003483.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 52.08/100
    • Good financial position.
    • Historical view, profit is growing.
    • Company revenue is not growing faster compared with the industry.

Institutional ownership list is based on filling form information

Holding name Date Amount
A - BARCLAYS PLC 2023-06-30 3175
A - OSAIC HOLDINGS, INC. 2023-06-30 2449
JPMORGAN CHASE & CO 2023-03-31 7712
VANGUARD GROUP INC 2023-03-31 710367
PERKINS CAPITAL MANAGEMENT INC 2022-12-31 173250

Fund ownership list is based on filling form information

Fund name Date Amount Profile
MORGAN STANLEY PATHWAY FUNDS 2023-11-30 548 Long
ProShares Trust 2023-11-30 1302 Long
ProShares Trust 2023-11-30 750 Long
ProShares Trust 2023-11-30 37 Long
Goldman Sachs ETF Trust 2023-11-30 12464 Long


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


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



Converting prices to returns TELA BIO, INC.


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



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


Aroon Oscillator information for TELA BIO, 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 TELA BIO, INC. The index can be used to identify the strengh of a trend.


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


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


Relative Strength Index (RSI) for TELA BIO, 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
2024-05-22 4.91 2024-05-08 13:16
2024-05-24 4.94 2024-05-08 13:16
2024-05-23 4.94 2024-05-08 13:16
2024-05-20 4.90 2024-05-08 13:16
2024-05-21 4.92 2024-05-08 13:16
2024-05-27 4.96 2024-05-08 13:16
2024-05-28 4.95 2024-05-08 13:16
2024-05-29 4.97 2024-05-08 13:16
2024-05-30 4.97 2024-05-08 13:16
2024-06-07 5.02 2024-05-08 13:16
2024-06-05 5.01 2024-05-08 13:16
2024-06-03 4.99 2024-05-08 13:16
2024-06-04 5.00 2024-05-08 13:16
2024-05-31 4.99 2024-05-08 13:16
2024-06-06 5.01 2024-05-08 13:16
2024-06-10 5.03 2024-05-08 13:16
2024-06-11 5.04 2024-05-08 13:16
2024-06-12 5.04 2024-05-08 13:16
2024-06-13 5.05 2024-05-08 13:16
2024-06-17 5.07 2024-05-08 13:16
2024-06-18 5.07 2024-05-08 13:16
2024-06-19 5.08 2024-05-08 13:16
2024-06-14 5.05 2024-05-08 13:16
2024-06-20 5.08 2024-05-08 13:16
2024-06-24 5.10 2024-05-08 13:16
2024-06-25 5.11 2024-05-08 13:16
2024-06-21 5.09 2024-05-08 13:16
2024-06-26 5.11 2024-05-08 13:16
2024-06-28 5.12 2024-05-08 13:16
2024-07-01 5.13 2024-05-08 13:16
2024-07-02 5.14 2024-05-08 13:16
2024-07-03 5.15 2024-05-08 13:16
2024-06-27 5.12 2024-05-08 13:16
2024-05-13 4.89 2024-05-08 13:16
2024-05-14 4.88 2024-05-08 13:16
2024-05-15 4.87 2024-05-08 13:16
2024-05-16 4.89 2024-05-08 13:16
2024-05-09 4.85 2024-05-08 13:16
2024-05-17 4.89 2024-05-08 13:16
2024-05-10 4.90 2024-05-08 13:16

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.