PODD Price Prediction Next Week
Technical Analysis: PODD is currently trading at $280.70, showing a mixed technical picture. The RSI-14 at 54.51 indicates neutral momentum, while the MACD (3.49) remains positive but shows weakening momentum with a negative histogram (-0.47).
Support and Resistance Levels:
- Fibonacci levels indicate key support at $276.20 and resistance at $287.87
- Bollinger Bands show:
- Middle Band: $280.02
- Upper Band: $290.23
- Lower Band: $269.81
- Current price is near the middle band, suggesting consolidation
Price Trend Analysis: The stock is trading above all major moving averages:
- SMA 200: $226.68
- SMA 60: $270.60
- SMA 20: $280.02 This indicates a strong long-term uptrend, though short-term momentum has slowed.
News Impact: Recent market sentiment remains neutral to slightly positive. According to recent analyst coverage, PODD has received Strong Buy ratings with a price target of $299.15, implying a 6.83% upside potential. The company's pre-tax income has shown impressive growth with a CAGR of 71.4% over the past five years.
Price Prediction for Next Week: Based on technical indicators and Fibonacci levels:
- Bullish scenario (60% probability): Price could test $287.87, potentially extending to $291.48
- Bearish scenario (40% probability): Support at $276.20, with secondary support at $272.59
Trading Recommendation: BUY
- Entry point: Current level ($280.70)
- Target: $287.87
- Stop loss: $276.20
Rationale:
- Strong long-term uptrend
- Trading above all major moving averages
- Positive analyst sentiment
- Strong fundamental growth metrics
- Technical support levels provide clear risk management points
PODD Similar Chart Price Prediction
The price of PODD is predicted to go up 3.46%, based on the high correlation periods with AVAL. The similarity of these two price pattern on the periods is 96.05%.
PODD
AVAL
Up: 3.46%Similarity: 96.05%
PODD Revenue Forecast
PODD EPS Forecast
PODD FAQs
What is bull’s view on PODD?
What is bear's view on PODD?
What is PODD revenue forecast for next quarter？
What is PODD eps forecast for next quarter？
PODD VS S&P500
We see global growth for the insulin pump market, as Type 1 diabetics embrace continuous subcutaneous insulin infusion therapy for its lower rate of long-term diabetes-related complications.
Insulet created the first (and still only) tubeless insulin pump on the U.S. market for the Type 1 market and has a head start on the manufacturing learning curves.
With makers of continuous glucose monitors focused on converting the much larger type 2 diabetes population, Insulet has benefited as some of these patients also opt to adopt an insulin pump.
PODD Analyst's Forecast
Joshua Jennings
TD Cowen
Strong Buy
2025-01-03
Price Target
$264 → $324
Upside
+21.67%
TD Cowen raised the firm's price target on Insulet to $324 from $264 and keeps a Buy rating on the shares. The firm thinks Insulet will continue to deliver "beat-and-raise performances" in the coming quarters. The company's Q4 guidance appears conservative, fueling TD's belief that Insulet will exceed revenue and earnings estimates, the analyst tells investors in a research note. TD points out the company has already discussed how recent growth in U.S. new patient starts will have a more meaningful annuity-type impact beginning in 2025.
Joanne Wuensch
Citigroup
Strong Buy
2024-12-11
Price Target
$283 → $310
Upside
+13.36%
William Plovanic
Canaccord Genuity
Strong Buy
2024-12-09
Price Target
$269 → $304
Upside
+14.67%
