Gilead stock: buy or sell
Updated on:
Apr 22nd, 2021
2
Gilead stock brief
- Gilead closed on Wednesday at $66.79 after barely changing a 0.62%.
- Last Friday broke out above its latest top at $65.91
Should I buy Gilead stock?
Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. 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 $GILD stock a buy?
In the current situation of Gilead there is not any eligible buy setup. This doesn't mean we expect a selloff for $GILD in the next few days, or that it may not rise higher. Simply, it doesn't match our recommended trading systems
Should I sell Gilead stock?
Knowing when to sell a stock is even harder than knowing when to buy it. Trading strategies let us to avoid impulsive decisions based on our emotions or the buzz surrounding the market. When selling, as well as buying, detailed strategies are very simple to follow and are only valid for selling shares in your porfolio, not for shorting $GILD stock
A guiding principle is that you should not hold a trading operation that produces higher than expected losses upon the buy. When to sell shares should always be ruled by the stop-loss (automatic or manual)
Is it time to sell Gilead stock?
Currently, Gilead stock doesn't match any of our preferred sell setups, so if you hold Gilead stock and your operation is in profit probably is not time to sell now
Gilead ratings
In the last month, 2 ratings were published for Gilead
| Brokerage firm | Rating |
|---|---|
| Mar 30th, 2021 | |
| Redburn Partners | Neutral → |
| Apr 1st, 2021 | |
| Sanford C. Bernstein | |
Gilead stock analysis
SMAs overview
Supports and resistances
The current resistances are:
The current supports are:
Bollinger bands
The actual distance between the upper and lower bands is less than 5%, thus meaning that volatility is at very low levels. Reduced volatility is often the antecedent to a sudden movement (up or down), so we must be alert and manage our buy or sell orders properly
Relative strength index
The has been between the the levels of 30 and 70 for some weeks, and therefore, without this indicator really being helpful in making any decisions.
Gilead stock price history
Gilead IPO was on Jan 22nd, 1992 at $0.45 per share1. Since then, GILD stock surged by 14,742.22%, with an average of 508.35% per year. An investment of $1,000USD on Jan 1992 would be valued $148,422.22 today.
1: Adjusted price after possible price splits or reverse-splits
Price target for Gilead stock
Nobody knows how much a stock will be priced in the future. Banks and financial organisations issue their analysis forecasting how a particular stock will performance in the future.
The following table shows the price forecasts posted by brokerage institutions over the last 30 days. Again, these predictions are not direct recommendations for individual investors and should not be trusted blindly.
There is just one price target issued for Gilead that forecasts a price of $80.00.
| Brokerage firm | Price target |
|---|---|
| Mar 30th, 2021 | |
| Redburn Partners | Not available |
| Apr 1st, 2021 | |
| Sanford C. Bernstein | $80.00 |
Earnings and financials
Last February, Gilead Sciences, Inc. ($GILD) reported EPS for that met analysts' expectations. Quarterly EPS was $2.19 per share compared to the forecasted $2.15. Reported sales were $7.4 billion, in line with analysts' forecasts as well.
Compared to the same quarter last year, EPS was $1.30, so current EPS is a improvement of 68.46%. Sales exploded a 26.23% on an annualized basis in the , from $58.8B to $74.2B last quarter.Gilead ($GILD) is hosting the earnings call on Thursday next week. Analysts predict of $2.03, that is a 7.31% lower than Q4.
Gilead performance
| Company | 1m | 3m | 6m |
|---|---|---|---|
| Gilead ($GILD) | 2.20% | -0.30% | 12.70% |
Important:
The comments written in this article are personal and should not be followed as recommendations for you to buy or sell stocks. The author of this document does not know the particular positions 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 provided for general educational purposes onlyGilead summary
| Wednesday, April 21st, 2021 | |
|---|---|
| Open | $66.54 |
| Close | $66.79 |
| Day range | $66.38 - $66.91 |
| Previous close | $66.38 |
| Session gain | 0.62% |
| Average true range | $1.36 |
| 50d mov avg | $64.41 |
| 100d mov avg | $62.76 |
| 200d mov avg | $63.41 |
| Earnings date | April 29th, 2021 |