Moderna stock: buy or sell

MRNA stock price: $169.50 8.11% At close on Apr 21st, 2021

Updated on:
Apr 22nd, 2021

1

Moderna stock brief

  • Moderna stock exploded 8.11% to close at $169.50 on the stock market on Wednesday.
  • The price is currently higher than the upper Bollinger band, which often indicates a short-term correction
  • On Wednesday broke out above its latest top at $157.75
  • Piper Sandler published a bullish rating for Moderna on Wednesday, with a forecast of $234.00
  • On April 14 broke out above its latest top at $157.75

Should I buy Moderna 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 $MRNA stock a buy?

In the current situation of Moderna there is not any eligible buy setup. This doesn't mean $MRNA will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems

Should I sell Moderna stock?

"To sell or not to sell", if you are holding Moderna stock?. Just as when we have to buy shares, choosing when is the best time to sell is not a fickle decision, and we must follow our own trading style. We like very simple strategies to guide us on when is a good moment to sell a stock. Be aware that these strategies should not be used for shorting Moderna stock

A golden rule is that you should never keep a trading operation that generates greater losses than those expected by the time of the buy. The timing to sell your stock should always be ruled by the stop-loss (automatic or manual)

Is it time to sell Moderna stock?

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

Moderna ratings

In the last month, 4 brokerage ratings were published for Moderna

Moderna analysts' ratings - Last 30 days
Brokerage firmRating
Apr 15th, 2021
Piper Sandler Buy
Apr 16th, 2021
Needham & Company LLC Neutral
Apr 18th, 2021
SVB Leerink Strong sell
Apr 21st, 2021
Piper Sandler Buy

Moderna stock analysis

On Wednesday, the price broke out above the previous top at $157.75 on the downtrend started last February. Since then, the price action resulted in a 7.45% profit.

SMAs overview

MRNA stock SMAs chart

Supports and resistances

The current resistance levels are:

  • R1: $178.50 (5.31% above)
  • R2: $189.26 (11.66% above)
  • The current support levels are:

  • S1: $157.75 (-6.93% below)
  • S2: $121.12 (-28.54% below)
  • S3: $117.34 (-30.77% below)
  • Bollinger bands

    Price readings above or below the Bollinger Bands tell us that the price has followed a strong trend that has led to extreme upward or downward values. At this point, the price is over the upper band, which should mean a near-term corrective movement (at least) until it is under the band

    MRNA stock Bollinger Bands chart

    Relative strength index

    When the moves for so long below 70 and above 30, without showing moments of overvaluation and undervaluation, the indicator becomes of little use, and we are currently in one of these situations.

    MRNA stock RSI chart

    Moderna stock price history

    Moderna started trading on Dec 7th, 2018 priced at $22.00 per share1. Since then, MRNA stock surged by 670.45%, with an average of 335.23% per year. An investment of thousand dollars on Dec 2018 would have a value of $7,704.55 nowadays.

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

    MRNA stock price history chart

    Price target for Moderna stock

    Nobody can predict how much a share will be priced tomorrow. However, many stock price predictions are posted every day by banks, financial institutions and independent analysts.

    The following table shows the price target published by financial institutions in the last 30 days. If you are a small trader you should not invest based on these predictions.

    Averaging all price targets exposed below, the estimated price for Moderna stock is $234.00. Moderna closed at $169.50 on Wednesday, that is a 27.56% than the predicted price.

    Moderna stock price predictions
    Brokerage firmPrice target
    Apr 15th, 2021
    Piper Sandler $208.00$234.00
    Apr 16th, 2021
    Needham & Company LLC Not available
    Apr 18th, 2021
    SVB Leerink Not available
    Apr 21st, 2021
    Piper Sandler $208.00$234.00

    Earnings and financials

    Last February, Moderna, Inc. ($MRNA) posted adjusted EPS for that considerably failed to match analysts' expectations. Quarterly EPS was $-0.69 per share from an estimated $-0.35. This Q4 report means an earnings surprise of -97.14%.

    This compares to Earnings of $-0.37 per share a year ago, so posted EPS means a reduction of -86.49%. Looking at sales, figures exploded a 3,960.80% compared to $140.6M same quarter 12 months ago.

    Moderna ($MRNA) posts financial report next Thursday. Estimated for this quarter is $2.82, compared to $-0.69 that was reported for Q4.

    Moderna performance

    MRNA performance compared
    Company1m3m6m
    Moderna ($MRNA) 16.40% 35.30% 135.20%

    Please read:
    The viewpoints given in this post are personal and not recommendations for you to buy or sell shares. The author of this text does not know the particular positions of the reader, his or her own financial statements 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 Opinions are expressed for education motives only

    Moderna summary

    Wednesday, April 21st, 2021
    Open$158.6
    Close$169.5
    Day range$157.69 - $170.11
    Previous close$156.78
    Session gain8.11%
    Average true range$11.70
    50d mov avg$147.57
    100d mov avg$143.48
    200d mov avg$108.03
    Earnings dateMay 6th, 2021

    Frequently asked questions

    What is Moderna stock symbol?

    Moderna, Inc. is a public company trading in the US stock market with the MRNA symbol

    Is Moderna stock a buy or sell?

    Moderna received 4 ratings in the last 30 days: 2 bullish, 1 bearish and 1 neutral.

    Will MRNA go up?

    Moderna had different price forecasts posted by analysts in the last month setting the target price to $234.00. That is a 38.05% than the last price ($169.50).