Should You Buy QuidelOrtho Corp (QDEL) Today? Analysis, Price Targets, and 2026 Outlook.
Analysis Updated At
2026/01/26
QuidelOrtho Corp (QDEL) is not a strong buy at the moment for a beginner, long-term investor with $50,000-$100,000 available. Despite some positive catalysts like the upcoming earnings report and a potential strong respiratory season, the technical indicators and financial performance suggest caution. The stock's recent price movement and lack of strong proprietary trading signals do not justify immediate action.
Technical Analysis
The MACD is negative and expanding (-0.606), indicating bearish momentum. RSI is at 27.446, suggesting the stock is nearing oversold levels but not yet providing a clear signal. Moving averages are converging, showing no strong directional trend. Key support is at $28.519, and the pre-market price of $28.3 is close to this level, indicating potential downside risk.
