Silk Road Medical moved up less than 1% today. The market isn't being very decisive in its valuation of asset.
Currently SILK isn't at a clear support/resistance line that seems tradable. SILK hasn't established a very clear directional momentum over the last few months. So it's not clear exactly where it's going. SILK might find some support at the 6.87 level, buyers might push the price back up from here. But it's not very clear what will happen.
The balance of viewpoints by the analysts is positive. The current Analysts Sentiment Score is 61.35. Most companies range between (-200 to 200).
Here's a break down of the latest rating changes. JPMorgan Chase & Co. provided a price target boost of 90% to $19.00 from $10.00 on 2024-02-29. Piper Sandler gave a boost to their price target and moved to $18.00 from $11.00 on 2024-02-29. On 2024-02-29 Stifel Nicolaus increased their price target by 15% to $23.00. On 2024-01-03 Lake Street Capital started covering Silk Road Medical with a rating of Buy and added a price target of $20.00. On 2023-10-24 there was an upgrade provided by Wolfe Research from Underperform to Peer Perform. On 2023-10-11 B. Riley downgraded Silk Road Medical from Buy to Neutral and decided to decrease their price target by -74.07% down to $14.00. Citigroup downgraded from Buy to Sell on 2023-10-11 and they lowered their price target by -77.14% to $8.00 from a previous target of $35.00. On 2023-10-11 there was a downgrade announced by CL King from Buy to Neutral. Argus downgraded from Buy to Hold on 2023-09-21. Oppenheimer initiated a rating of Outperform on 2023-09-05 and added a price target of $30.00.
| Company | Ratings Score
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Composite analyst sentiment score
|
Positive Ratings | Negative Ratings | Boost Price Target | Lower Price Target |
|---|---|---|---|---|---|
| SILK | 61.35 | 47.97 | -45.54 | 156.94 | -36.67 |
| Company | YOY Growth Score (typical -20 to +20) | Revision Directions (-6 to +6) |
|---|---|---|
| SILK | 0.00 | 0.00 |
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)
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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 |
|---|---|---|---|---|---|
| SILK | 3.41 | %4.91888 | 1.7 | 3.564 | 1910000 |
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) |
|---|---|
| SILK |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ACCD | Accolade, Inc. Common Sto | 0.82 | -14.15 | -14.33 | -22.11 | -32.74 | 19.73 | -50.87 | 33 | -1.13 | -0.55 | 2.67 | -13860.57 | 170.04 | 0 | 0 | 4.61812 |
| PEN | Penumbra, Inc. | 0.81 | -0.53 | 0.69 | -5.97 | -19.64 | 5.87 | -27.81 | 21 | -5.06 | -6.33 | -4.08 | -11671.23 | -898.95 | 0 | 0 | 6.3952 |
| KIDS | OrthoPediatrics Corp. Com | 0.78 | 1.07 | 0.20 | 7.34 | 14.80 | 28.60 | -40.29 | 24 | -37.79 | -36.36 | -60.92 | -47512.37 | -585.95 | 0 | 0 | 10.4445 |
| ATRC | AtriCure, Inc. | 0.77 | 2.48 | 2.03 | -20.35 | -31.21 | -31.63 | -45.52 | 17 | -34.09 | -42.56 | -33.74 | -20425.59 | 298.99 | 0 | 0 | 3.79691 |
| ADPT | Adaptive Biotechnologies | 0.76 | -0.38 | 3.59 | -16.40 | -30.48 | -41.51 | -63.28 | 24 | -67.78 | -68.18 | -89.95 | -60811.01 | 0.00 | 0 | 150 | 7.83993 |
| SWAV | ShockWave Medical, Inc. C | 0.75 | 0.31 | 0.43 | 2.96 | 42.38 | 59.95 | 14.71 | 74 | 30.62 | 13.34 | 13.71 | 178.16 | -14387.93 | 0 | 0 | 4.22807 |
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.
