CRSP stock: buy or sell

CRSP stock price: $119.75 1.98% At close on Jul 28th, 2021

Updated on:
Jul 29th, 2021

1

CRSP stock brief

  • CRISPR Therapeutics stock grew 1.98% to close at $119.75 on the stock market on Wednesday, and broke a streak of 4 sessions in red.
  • Last Monday, CRISPR Therapeutics presented its Q2 financial report
  • The stock is configuring an uptrend pattern since last May, when it bottomed at $95.11. This uptrend marked a 25.91% gain
  • CRISPR Therapeutics AG, a gene editing company, focuses on developing transformative gene-based medicines for serious human diseases.

Should I buy CRISPR Therapeutics stock?

All successful traders recommend adhering to a trading strategy and not make decisions based on subjective opinions, rumors or feelings. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best

Is $CRSP stock a buy?

In the current situation of CRISPR Therapeutics there is just one buy setup eligible:

Uptrend buy setup

CRISPR Therapeutics stock is in an uptrend since last May that so far marked a gorgeous 26.00% gain. Price marked a local bottom in this uptrend at $113.34 on Tuesday, and since then it bounced up a 5.66%. Breaking out over $169.76 - it's last top - will be a good entry point if CRISPR Therapeutics resumes the uptrend. If you decide to enter this trade, the suggested stop loss is at $152.78

Buy setupBuy pointStop lossRisk
Uptrend buy setup$169.76$152.7810.00%

Should I sell CRISPR Therapeutics stock?

Knowing when to sell a stock is even more difficult than knowing when to buy it. Trading strategies allow us to avoid rash decisions based on our personal sentiments or the noise surrounding the market. Our trading system selects very simple strategies to guide us on when is the best time to sell a stock. Be aware that these strategies should not be used for shorting CRISPR Therapeutics stock

A golden rule is that you must never mantain a trading operation that shows a greater losses than those expected by the time of purchase. When to sell your stock always has to be determined by the stop-loss (automatic or manual)

Is it time to sell CRISPR Therapeutics stock?

In the current situation of CRISPR Therapeutics there is not any eligible sell setup, so CRISPR Therapeutics stock holders with operations in profit can keep their positions

CRISPR Therapeutics ratings

In the previous 30 days we couldn't find any rating for CRISPR Therapeutics

CRISPR Therapeutics stock analysis

Since last May, CRISPR Therapeutics has been drawing an uptrend that by now marked a gorgeous 25.91%. Rising tops and bottoms can be seen easily on a chart and how price action offered very few buy points on the breakouts. Latest low was on Tuesday, when price bounced at $113.34. Like in all uptrends, price needs to rest and now price is consolidating the gains in a range between $169.76 and $113.34

SMAs overview

CRSP stock SMAs chart

Supports and resistances

The current resistances are:

  • R1: $137.00 (14.41% above)
  • R2: $137.59 (14.90% above)
  • R3: $169.76 (41.76% above)
  • The current support levels are:

  • S1: $113.34 (-5.35% below)
  • S2: $111.90 (-6.56% below)
  • S3: $106.50 (-11.06% below)
  • Bollinger bands

    CRSP stock Bollinger Bands chart

    Relative strength index

    The RSI dropped below the overbought level of 70 on July 6 after just crossing to the overbough zone for a single day (weak signal). The RSI reading on Wednesday was 38.09. Since that level was lost, CRISPR Therapeutics shares collapsed a 23.18%

    CRSP stock RSI chart

    CRISPR Therapeutics stock price history

    CRISPR Therapeutics went public on Oct 19th, 2016 priced at $15.00 per share1. Since then, CRSP stock surged by 698.33%, with an average of 174.58% per year. If you had invested thousand dollars in CRISPR Therapeutics stock on Oct 2016, it would be valued $7,983.33 today.

    1: Adjusted price after possible price splits or reverse-splits

    CRSP stock price history chart

    Price target for CRISPR Therapeutics stock

    How much a stock will be priced tomorrow or next week is quite unpredictable. Banks and financial organisations issue their analysis forecasting how a particular stock will performance in the future.

    The following table shows the price predictions published by analysts in the last 30 days. Again, these targets are not direct recommendations for individual traders and should not be followed blindly.

    In the last month we couldn't find any price target posted for CRISPR Therapeutics stock.

    Earnings and financials

    CRISPR Therapeutics ($CRSP) hosted the quarterly earnings event and presented the report last Monday.

    This compares to Earnings of $-1.30 per share same quarter last year, so reported EPS means 100.00%. Revenue exploded a 243.31% on an annualized basis in the , from $1.6M to $5.4M last quarter.

    CRSP ($CRSP) is hosting the quarterly earnings call next October.

    CRISPR Therapeutics performance

    CRSP performance compared
    Company1m3m6m
    CRISPR Therapeutics ($CRSP) -20.70% -12.40% -29.10%

    Please read:
    The comments written in this post are personal and should not be followed as recommendations for you to buy or sell shares. The author of this article does not have any knowledge of the particular circumstances of the reader, his or her finances or his or her own best interests at any given time. All users should speak with their financial advisor before buying or selling any securities Thoughts are posted for learning purposes only

    CRSP summary

    Wednesday, July 28th, 2021
    Open$117.48
    Close$119.75
    Day range$116.01 - $121.4
    Previous close$117.43
    Session gain1.98%
    Average true range$7.58
    50d mov avg$128.27
    100d mov avg$124.25
    200d mov avg$131.77
    Earnings dateOctober 26th, 2021

    Frequently asked questions

    What is CRISPR Therapeutics stock symbol?

    CRISPR Therapeutics AG is a public company trading in the US stock market with the CRSP symbol

    Is CRISPR Therapeutics stock a buy or sell?

    CRISPR Therapeutics had no ratings in the last four weeks Read the article to get additional tips on trading CRSP stock.

    Will CRSP go up?

    There were no forecasts issued by analysts in the last month for CRISPR Therapeutics.