Vericel Corporation (VCEL) is currently trading at $48.05 as of 2025-03-24. The stock has shown recent selling pressure, with the Relative Strength Index (RSI) at 36.65, indicating potential oversold conditions but not yet reaching extreme levels. The stock recently crossed below its 200-day moving average, a bearish signal.
The Fibonacci levels suggest key support and resistance points. The pivot level is at $47.10, with resistance at $48.73 and $49.73, and support at $45.48 and $44.48.
Vericel is scheduled to present at multiple investor conferences, which could positively impact the stock if the presentations are well-received. However, the recent price action and technical indicators suggest caution.
Based on the analysis, VCEL is expected to test the lower Fibonacci support levels next week. The stock is likely to decline to $44.48.
Recommendation: Sell VCEL if it fails to hold above the pivot level of $47.10.
The price of VCEL is predicted to go up -29.73%, based on the high correlation periods with APTO. The similarity of these two price pattern on the periods is 98.53%.
VCEL
APTO
Truist Securities
2024-12-18
Price Target
$61 → $67
Upside
+19.11%
BTIG
2024-11-26
Price Target
$56 → $66
Upside
+12.34%