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Moderna, Inc. Common Stock | MRNA

Daily Technical Analysis of Moderna, Inc. Common Stock

Moderna saw some selling pressure today and moved down -3.80%

It looks like Moderna isn't currently at a very decisive point in regards to support/resistance levels. MRNA has been bouncing around but hasn't taken a very clear direction over the last few months. So it doesn't have very much obvious momentum in either direction. MRNA might find some support at the 117.34 level, buyers might push the price back up from here. But it's not very clear what will happen.


Last analyzed on 2024-03-17

Analyst Ratings for Moderna By Price Target And Rating

The analysts feel fairly neutral on the prospects for Moderna but a little more positive than negative. The current Analysts Sentiment Score is 39.49. Most companies range between (-200 to 200).

Here's a break down of the latest rating changes. Needham & Company LLC announced that they are reiterating a rating of Hold on 2024-03-28. Royal Bank of Canada announced that they are reiterating a rating of Outperform on 2024-03-28 and added a price target of $125.00. HSBC announced that they are reiterating a rating of Hold on 2024-02-26 and moved up their price target to $86.00 which is a 14.67% increase. On 2024-02-23 Canaccord Genuity Group increased their price target by 10.98% to $91.00. Oppenheimer upgraded from Market Perform to Outperform on 2024-01-02 and added a price target of $142.00. JPMorgan Chase & Co. provided a price target decease of -3.23% to $90.00 from $93.00 on 2023-12-01. On 2023-11-03 The Goldman Sachs Group lowered their price target by -14.13% to $231.00. On 2023-11-02 there was a downgrade announced by Deutsche Bank Aktiengesel from Hold to Sell and decided to decrease their price target by -52% down to $60.00. On 2023-09-13 Argus lowered their price target by -12.5% to $140.00. TD Cowen downgraded from Outperform to Market Perform on 2023-08-04 and decided to decrease their price target by -13.79% down to $125.00.

Company Ratings Score ?
Composite analyst sentiment score
Positive Ratings Negative Ratings Boost Price Target Lower Price Target
MRNA39.49105.64-71.8875.6-30.38

Earnings Per Share (EPS) Estimates By Year and Quarter

(updated 2024-04-22)
Company YOY Growth Score (typical -20 to +20) Revision Directions (-6 to +6)
MRNA0.000.00

Short interest for Moderna

We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.

Company Short Score (typical 1-15) ?
We take into account several different measures and attributes of short interest to create a composite sentiment score. typical range (0 - 30)
Short Interest Days to Cover Rate of Change Shares Short
MRNA4.94%5.54.5-1.91418050000

Social Sentiment for Moderna

Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.

Ticker Social Sentiment(1-10)
MRNA

Companies with the highest correlation to Moderna

Company Score 1 Day% 5 Day 1 Month 3 Month 6 Month 1 Year RSI 3mo S-momo ? 6mo S-momo 1yr S-momo Resistance ? Support Demark Sell ? Demark Buy Short Interest Score
BNTX | BioNTech SE American Depo1.9-1.59-0.14-6.03-8.79-8.99-21.6254-21.36-34.19-41.63-51470.08-1330.27001.88302
NVAX | Novavax Inc1.05-3.151.24-15.920.48-35.90-46.6344-9.14-28.52-61.70-76812.22-836.900023.8911
ARCT | Arcturus Therapeutics Hol0.56-3.520.19-22.92-21.0537.51-2.3340120.8229.6649.75-826.71-24011.650017.9767
CTLT | CATALENT, INC.0.54-0.130.72-1.018.2141.7227.783782.9826.9739.70-47410.45-30366.90004.97129
RGEN | Repligen Corp0.53-1.505.22-10.10-12.7132.8811.233872.0322.9132.20-1706.49174.320011.9373
CVAC | CureVac N.V. Ordinary Sha0.53-10.96-8.40-26.24-37.74-59.58-69.2642-275.86-79.80-97.00-129235.86-10.19006.97988

Top 3 correlating companies

See full charts for all peers

Sentiment Score

How to use: use the research links to research the asset. Then simply type in a score for each category between (01, 02, 03, 04, 05). 05 being the most bullish and 01 being the most bearish. It will automatically calculate the average and combine it with the technical score to create an overall score to rank prospects by. You can also type notes into each field.

Earnings Estimates
Analyst Rating
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Calculated Sentiment Sum

Score Sum
(1-45)

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Average
(1-5)

+

Pattern Rank
(1-5)

=

Total Score
(1-10)

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