CDMO Stock Price Prediction

Avid Bioservices Inc

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12.490

0.000(0.000%)

Overview
Forecast
Valuation

Should I Buy Avid Bioservices Inc Stock?

Based on our evaluation of the five key dimensions—Technical Signals, Moving Average trends, Short Sell Data, Similar Chart Pattern Matching and Seasonality Analysis—we have identified the following insights. CDMO has several negative signals and is within a falling trend, so we believe it will perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Our analysis conclusion for this stock is a Strong Sell candidate.

CDMO stock price ended at $12.49 on Friday, after rising 0%

The Avid Bioservices Inc stock price increased by 0% on the last trading day (Friday Feb 2025), rising from 12.49 to 12.49. Throughout the last trading session, the stock experienced a fluctuation of 0.00% , ranging from a day low of $12.49 to a day high of 12.49. The price has declined in 1 of the last 10 days, resulting in a total change of 0.56% during this period. On the last day, trading volume decrease by 0.00 shares, with the rising prices. This could serve as an early warning, indicating that risk may slightly increase in the coming days. In total, 0.00 shares were traded, amounting to approximately 0.00.

CDMO Technical Signals

CDMO(Avid Bioservices Inc Corp) has 3 buy signals and 5 sell signals now. The current trend is consolidation starting from 2025-01-13. The total price change during this trend is +0.48%. There is no clear relationship between price and volume, resulting in no clear signal. The average turnover of CDMO over the last 5 trading days is 10.23M. Overall, the technical indicator signals lean more toward a Bearish outlook in the mid-term.

CDMO Moving Average Analysis

Avid Bioservices Inc's overall moving average trend leans more bullish as of Sunday, April 20, 2025, with 0 negative signals and 4 positive signal. In the mid-term, the SMA_20 being below the SMA_60 signals a strong bearish trend. There will be some resistance from the lines at $12.53, and $12.56. A break-up above any of these levels will issue buy signals. There will be some support from the lines at $12.4, and $12.36. A break-down below any of these levels will issue sell signals.

CDMO Short Selling Analysis

The short sale ratio of Avid Bioservices Inc(CDMO) as of is %, dropping from last trading day. With decreasing price from to .

Technical Signal

Technical Signals Summary

Sell

Buy

Moving Average

Swing

Positive

Stock Price Above SMA_5

Short Term

Positive

SMA_5 Above SMA_20

Mid Term

Positive

SMA_20 Above SMA_60

Long Term

Positive

SMA_60 Above SMA_200

Short Selling

Close Price

Short Sale Ratio

Short Sale Volume

3 Bullish Signals

When Value satisfies Signal, Indicator signals Bullish

Indicators

Signal

Value

Meaning

Awesome Oscillator (5, 34)

AO_5_34 > 0

0.09

Bullish

Momentum (10 days)

MOM_10 > 0

0.07

Bullish

Moving Average Convergence Divergence (12, 26, 9)

MACD_12_26_9 > 0

0.05

Bullish

5 Bearish Signals

When Value satisfies Signal, Indicator signals Bearish

Indicators

Signal

Value

Meaning

Stochastic Oscillator %K (14, 3, 3)

STOCHk_14_3_3 > 80

84.92

Bearish

Commodity Channel Index (20 days, 0.015 constant)

CCI_20_0.015 > 100

112.52

Bearish

Average Directional Index (14 days)

ADX_14 < 20

19.66

Bearish

Stochastic RSI %K (14, 14, 3, 3)

STOCHRSIk_14_14_3_3 > 0.8

94.01

Bearish

Williams %R (14 days)

WILLR_14 > -20

-16.67

Bearish

CDMO Price Prediction & Forecast by Similar Chart Analysis

Based on historical patterns and backtesting of stocks with similar movements to Avid Bioservices Inc(CDMO), our algorithm predicts CDMO's 1-month price at $12.23, with an -2.12%downwardshift. Using a similarity score up to 97.68%and other factors, This forecast updates weekly, adjusting for significant deviations.

Similar Chart

The price prediction chart for Avid Bioservices Inc (CDMO.O) stock, as of Sunday, February 9, 2025 , forecasts a -2.12% change over the next month, based on its high correlation with BSBR.N stock patterns. The similarity between their price movements over the analyzed periods is 97.68%. The right panel lists other stocks with similar price patterns. This prediction is updated every week.

CDMO

Future prediction

Up: -2.12%

BSBR

Down: -2.12%Similarity: 97.68%

Name

Similarity

Up/Down

BSBR.N

97.68%

-2.12%

WCC.N

97.56%

+13.99%

LUV.N

97.55%

+1.46%

SBUX.O

97.49%

-8.78%

LEDS.O

97.45%

-0.45%

BPT.N

97.39%

-4.92%

AAPL.O

97.31%

+9.84%

BFH.N

97.31%

-2.48%

OKE.N

97.21%

+6.16%

H.N

97.17%

+1.49%

CDMO Seasonality Analysis

Based on CDMO's historical stock price data across all years, the probability of a positive return in April is50.00%, suggesting it maybe an ideal month to invest in CDMO. In contrast,Februaryoffers the highest probability of positive returns at72.73%, making it a potentially strong month for investment.

However, this is only a prediction based on one method, and a comprehensive assessment of the stock's future trend should consider additional factors. Our final stock price commentary incorporates three main evaluation dimensions: technical signals, Moving Average trends, and similar chart pattern matching, with the first two dimensions carrying the primary weight to ensure a more robust and accurate forecast.

Monthly Seasonality

The radar chart shows that buying Avid Bioservices Inc (CDMO.O) stock in February has the highest probability of a positive return (72.73%), while May has the lowest probability (30.00%).

Performance Seasonality

The chart shows Avid Bioservices Inc. (CDMO)'s annual stock price return for the past three years, helping you analyze price trends and identify recurring trends on an annual basis.