Third Harmonic Bio had a nice pop today and is currently up 5.65% -- which is pretty good. Investors have a more positive outlook for the company and future revenue. THRD is near a moderate strength horizontal support line. This represents a potential pivot point where the price might find support and move upward. But it can also break through
this line in which case there might be a burst of selling on the other side. Third Harmonic Bio hasn't been that impressive in terms of its 3 month momentum, we'll see if it can turn things around and start heading up or continue its slide down.
If the buyers come in at this point and start pushing the price up, it'll probably head up to $11.03 where it might meet some resistance it'll need to punch through. There aren't very obvious support levels beneath this point. So put those stop losses on, this thing has room to fall if buyers don't come in at this level.
The analysts are pretty neutral on Third Harmonic Bio right now, so not much useful information here. The current Analysts Sentiment Score is -0.22. Most companies range between (-200 to 200).
Here's a break down of the latest rating changes. Morgan Stanley gave a boost to their price target and moved to $7.00 from $5.00 on 2023-08-11. Jefferies Financial Group downgraded from Buy to Hold on 2022-12-16 and they lowered their price target by -88% to $3.60 from a previous target of $30.00. On 2022-12-15 there was a downgrade announced by Lifesci Capital from Outperform to Market Perform.
| Company | Ratings Score
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Composite analyst sentiment score
|
Positive Ratings | Negative Ratings | Boost Price Target | Lower Price Target |
|---|---|---|---|---|---|
| THRD | -0.22 | 0 | -0.45 | 0.45 | -0.45 |
| Company | YOY Growth Score (typical -20 to +20) | Revision Directions (-6 to +6) |
|---|---|---|
| THRD | 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 |
|---|---|---|---|---|---|
| THRD | 20.93 | %16.8 | 16 | 50.952 | 2460000 |
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) |
|---|---|
| THRD |
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.
