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VCEL Stock Tickeron detected bullish Stock Pattern: Wedge Falling VCEL on November 05, 2024, netting in a 15.84% gain over 1 month

A.I.dvisor
at Tickeron.com
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+15.84% Gain from a Successful pattern Wedge Falling
VCEL - Vericel Corp
Tickeron
Ticker: VCEL
Company: Vericel
Gain: +15.84%
Confirmed: 11/05/24
Succeeded: 11/07/24
Total length: 41 days
On September 27, 2024, A.I.dvisor detected a Wedge Falling Pattern (Bullish) for Vericel Corp (VCEL, $43.19). On November 05, 2024, A.I.dvisor confirmed the Bullish pattern, setting a target price of $53.56. 2 days later, on November 07, 2024, VCEL reached the target price resulting in a +1 for traders who took a long position in the stock.

Momentum Indicator for VCEL turns positive, indicating new upward trend

VCEL saw its Momentum Indicator move above the 0 level on October 21, 2024. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 95 similar instances where the indicator turned positive. In of the 95 cases, the stock moved higher in the following days. The odds of a move higher are at .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

VCEL moved above its 50-day moving average on November 05, 2024 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for VCEL crossed bullishly above the 50-day moving average on November 06, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 16 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where VCEL advanced for three days, in of 297 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 274 cases where VCEL Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The RSI Indicator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.

The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where VCEL declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

VCEL broke above its upper Bollinger Band on November 06, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Fundamental Analysis (Ratings)

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. VCEL’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 94, placing this stock slightly better than average.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating slightly better than average sales and a considerably profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (10.707) is normal, around the industry mean (13.752). VCEL has a moderately high P/E Ratio (697.875) as compared to the industry average of (88.017). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (1.790). VCEL has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.012). P/S Ratio (11.919) is also within normal values, averaging (224.437).

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

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VCEL
Daily Signalchanged days ago
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A.I.Advisor
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A.I. Advisor
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General Information

a developer of patient-specific expanded cellular therapies for use in the treatment of patients with diseases

Industry Biotechnology

Profile
Fundamentals
Details
Industry
Medical Specialties
Address
64 Sidney Street
Phone
+1 617 588-5555
Employees
314
Web
https://www.vcel.com