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  4. Forecast

Stock Price Prediction

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MYO
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MYO Price Prediction Next Week

Based on the provided data and technical analysis, here's the price prediction for MYO for the next trading week:

Technical Analysis

The stock is currently showing mixed signals:

  • RSI (14) at 47.84 indicates neutral momentum, neither overbought nor oversold
  • MACD at 0.05 shows slightly bullish momentum
  • 20-day SMA at 6.34 acts as immediate resistance level
  • Fibonacci levels indicate:
    • Support levels: S1 at 5.88, S2 at 5.65
    • Resistance levels: R1 at 6.64, R2 at 6.87

News Impact Recent news shows mixed sentiment:

  • Positive: Myomo recently issued preliminary second-quarter revenue guidance above estimates
  • Negative: The company filed a preliminary prospectus for public offering which might lead to dilution

Price Prediction for Next Week Based on technical indicators and recent price action:

  • Bullish scenario (40% probability): Break above 6.64 (R1) could push price to 6.87 (R2)
  • Bearish scenario (30% probability): Break below 5.88 (S1) might see price test 5.65 (S2)
  • Base scenario (30% probability): Consolidation between 5.88-6.64

Target Price: $6.45 (Expected 6.8% upside from current price) Stop Loss: $5.65 (-6.5% from current price)

Recommendation: BUY with tight stop loss at $5.65 Rationale: Technical indicators suggest potential upside with manageable downside risk. The stock has shown resilience after recent pullback and maintains above key support levels.

Based on the provided data and technical analysis, here's the price prediction for MYO for the next trading week:

Technical Analysis

The stock is currently showing mixed signals:

  • RSI (14) at 47.84 indicates neutral momentum, neither overbought nor oversold
  • MACD at 0.05 shows slightly bullish momentum
  • 20-day SMA at 6.34 acts as immediate resistance level
  • Fibonacci levels indicate:
    • Support levels: S1 at 5.88, S2 at 5.65
    • Resistance levels: R1 at 6.64, R2 at 6.87

News Impact Recent news shows mixed sentiment:

  • Positive: Myomo recently issued preliminary second-quarter revenue guidance above estimates
  • Negative: The company filed a preliminary prospectus for public offering which might lead to dilution

Price Prediction for Next Week Based on technical indicators and recent price action:

  • Bullish scenario (40% probability): Break above 6.64 (R1) could push price to 6.87 (R2)
  • Bearish scenario (30% probability): Break below 5.88 (S1) might see price test 5.65 (S2)
  • Base scenario (30% probability): Consolidation between 5.88-6.64

Target Price: $6.45 (Expected 6.8% upside from current price) Stop Loss: $5.65 (-6.5% from current price)

Recommendation: BUY with tight stop loss at $5.65 Rationale: Technical indicators suggest potential upside with manageable downside risk. The stock has shown resilience after recent pullback and maintains above key support levels.

MYO Similar Chart Price Prediction

The price of MYO is predicted to go up 9.08%, based on the high correlation periods with CENTA. The similarity of these two price pattern on the periods is 90.74%.

stocks logo

MYO

stocks logo

CENTA

Up: 9.08%Similarity: 90.74%

MYO Stock Forecast & Prediction For Years 2025, 2026, 2027, 2028, 2029 and 2030

Year

MYO Price Forecast($)

Potential Return(%)

2025

9.000

38.250

2026

9.500

45.930

2027

12.500

92.010

2028

12.500

92.010

2029

12.500

92.010

2030

15.000

130.410

What is MYO stock price prediction 2025 ?

MYO stock is predicted to reach $9 by the end of 2025, driven by positive analyst sentiment and an upgraded price target from Ascendiant Capital. The company's ongoing public offering and improved revenue guidance suggest potential for growth. However, current market volatility and a recent 5.92% drop in regular trading indicate short-term risks.

What is MYO stock price prediction 2026 ?

MYO stock is predicted to reach $9.50 by 2026. This projection is based on its recent price recovery trends, improved market sentiment, and analyst upgrades, such as Ascendiant Capital's recent target increase to $9. Additionally, the company's strategic initiatives, including public offerings, are expected to bolster its financial position and growth prospects.

What is MYO stock price prediction 2027 ?

The price prediction for MYO stock in 2027 is estimated to be around $12.50. This projection is based on its recent upward momentum, improved financial health, and potential growth in the healthcare sector. However, risks such as market volatility and competition could impact this target.

What is MYO stock price prediction 2028 ?

The price prediction for MYO stock in 2028 is estimated to be $12.50. This projection is based on anticipated recovery from its current undervaluation, supported by potential growth in its healthcare technology sector and improved financial performance. However, risks from market volatility and competition could impact this forecast.

What is MYO stock price prediction 2029 ?

The price prediction for MYO stock in 2029 is estimated to be around $12.50. This projection is based on its current undervaluation, potential growth in the healthcare sector, and analyst upgrades indicating a positive long-term outlook. However, risks such as market volatility and the company's financial health could impact this forecast.

What is MYO stock price prediction 2030 ?

The price prediction for MYO stock in 2030 is estimated to be around $15-$20. This projection is based on potential growth in the healthcare robotics sector, Myomo's innovative assistive technology, and its ability to expand market share. However, risks such as financial instability and competition could impact this forecast.

MYO Revenue Forecast

MYO EPS Forecast

MYO FAQs

What is bull‘s view on MYO?

MYO stock is currently trading at $6.78, down 5.92% in regular market hours today. Analysts have a bullish view, with Ascendiant Capital and Craig-Hallum recently raising their price targets to $9, citing strong growth potential from increased investments in advertising and manufacturing capacity. The stock's upside potential is approximately 32.7% based on the latest price target.

What is bear's view on MYO?

MYO stock is bearish due to its recent public offering, which dilutes shareholder value and pressures the stock price. Despite a raised price target to $9 by analysts, the stock closed at $4.90 recently, reflecting skepticism about near-term growth. The offering proceeds may support long-term growth, but current dilution outweighs immediate benefits.

What is MYO revenue forecast for next quarter？

The market consensus for MYO's revenue in the upcoming quarter is projected to be approximately $7.924M USD.

MYO VS S&P500

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MYO Analyst's Forecast

Craig Knickerbocker

Craig-Hallum

Strong Buy

Price Target

$7 → $9

Upside

+43.77%

Craig-Hallum raised the firm's price target on Myomo to $9 from $7 and keeps a Buy rating on the shares. Last week's capital raise will provide $17.3M in gross proceeds, which will be channeled into the business, with direct incremental investments into advertising spend, manufacturing capacity, and the initial build of the O&P channel, the analyst tells investors in a research note. These investments should have a meaningful effect on growth in 2025 and beyond, the firm says.
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