NASDAQ trade advice (D): US Health Care stock | 5-6% gain | USA stock trading signal on 23 Oct 2024

Stock Market
NASDAQ, United States of America

Target hit. Trade closed.

23 Oct 2024
7 Nov 2024
7 Nov 2024
8 days
Loss per
100,000 USD
Stop-loss
84.5
Buy Advice
23 Oct 2024
86 – 88
Target 1
7 Nov 2024
92
Target 2
7 Nov 2024
93
Profit per
100,000 USD
8 days
11,751
84.5
86 – 88
92
93
11,751
  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • Gilead Sciences
  • 86 – 88
  • 92 – 93
  • Below 84.5
  • 5% – 6%
  • 12 - 14 Days
  • Buy Gilead Sciences
  • Buy
    Range
    86 – 88
  • Target 92 – 93
  • Stoploss Below 84.5
  • Upside
    Potential
    5% – 6%
  • Trade
    Duration
    12 - 14 Days
  • * Once the first target hit, reset the StopLoss at your buying price.
    * Trade durations are approximate; actual holding period may vary.

    Gilead Sciences (NASDAQ: GILD) - Stock Overview

  • NASDAQ code
  • Stock Name
  • Sector
  • 52 Weeks High
  • 52 Weeks Low
  • GILD
  • Gilead Sciences
  • Health Care
  • 88.36
  • 62.07
  • NASDAQ code GILD
  • Stock Name Gilead Sciences
  • Sector Health Care
  • 52 Weeks High 88.36
  • 52 Weeks Low 62.07
  • Company profile

    Gilead Sciences, Inc. is a biopharmaceutical firm focused on discovering, developing, and marketing medicines for unmet medical needs globally, including the U.S. and Europe. It offers products like Biktarvy, Genvoya, and Truvada for HIV/AIDS, Veklury for COVID-19, and Epclusa for viral hepatitis. Additionally, it provides Yescarta and Tecartus for oncology, Letairis for pulmonary arterial hypertension, and AmBisome for serious fungal infections. The company collaborates with various firms, including Arcus Biosciences and Merck, and has a research agreement with Merus N.V. Founded in 1987, it is based in Foster City, California.

  • Gilead Sciences (NASDAQ: GILD) vs NASDAQ - Relative Strength Comparison

    The image highlights Gilead Sciences's performance over the last year versus NASDAQ.
    Relative Performance - Last 1 Year
    GILD —   NASDAQ —

  • Gilead Sciences (NASDAQ: GILD) - Technical Analysis (Daily)

    Gilead Sciences - Technical Analysis chart on Daily Price and Volume
    Gilead Sciences - Technical Analysis chart on Daily Price and Volume

    • After facing a significant rejection around the 90 level, the stock price fell and entered a phase of consolidation.
    • During this extended consolidation, the stock has developed a Descending Broadening pattern.
    • Following a recent breakout, the price is poised for a substantial upward movement.
  • Gilead Sciences (NASDAQ: GILD) - RSI Indicator

    Gilead Sciences stock analysis based on RSI indicator
    Gilead Sciences - RSI indicator

    • Current RSI of this stock is 70.41, which indicates the strength of buyers.

  • Gilead Sciences (NASDAQ: GILD) - ADX & DI Indicator

    Gilead Sciences stock analysis based on ADX & DI indicator
    Gilead Sciences - ADX & DI indicator

    • Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured.

  • Gilead Sciences (NASDAQ: GILD) - EMA Crossover

    Gilead Sciences stock analysis based on EMA Crossover
    Gilead Sciences - EMA Crossover

    • The short length exponential moving average (10 EMA) has crossed the long length exponential moving average (20 EMA) from the below, generates bullish signal. Last day’s candle has closed above all these moving averages. This suggests buyers are taking interest in this stock.
  • Conclusion - Gilead Sciences (NASDAQ: GILD) Stock Price Forcast

    Based on our stock trading advice in United States, Gilead Sciences stock price target will be USD 92 - USD 93 in the next 12-14 trading sessions.

  • Share with
    0 0 votes
    Article Rating
    Subscribe
    Notify of
    guest
    0 Comments
    Inline Feedbacks
    View all comments

    Join Our Telegram Channel for US Stock Market Update

    USA Stock Analysis

    The stock trading advice is prepared by the Naranj Capital team under the guidance of Arijit Banerjee, CMT, CFTe.
    Maximize your return with our precise trading advice on the USA stock exchange! We recommend an technology stock poised for
    Get expert short-term trading advice for the USA stock exchange. This energy stock is projected to deliver 5%-6% returns in
    Short Term Trading Alert: This Consumer Discretionary stock has the upside potential of 5-6% in 14-15 trading days. Swing Trading
    Short Term Trading Advice: Qualcomm Inc (NASDAQ - QCOM) has the upside potential of 5-6% in 14-15 trading days

    Join Our Telegram Channel for Saudi Stock Market Update

    Saudi Stock Analysis

    Maximize your return with our precise trading advice on Saudi stock exchange Tadawul! We recommend buying Arabian Pipes (Tadawul 2200)
    Short Term Trading Alert: This Saudi health care equipment stock has the upside potential of 8-10% in 12-14 trading days.
    Get expert short-term trading advice for the Saudi stock exchange Tadawul. Buy Etihad Atheeb Telecom (Tadawul 7040) for 13%-16% returns
    Short term trading advice for Shariah compliant Tadawul stocks. Buy Riyadh Cables Group (Tadawul 4142) with potential for 15-17% returns
    Maximize your trading returns in Saudi stock exchange Tadawul! Discover a shariah halal materials sector stock having 7-9% gains in
    Details of Arijit Banerjee

    Arijit Banerjee CMT CFTe is a seasoned expert in the financial industry, boasting decades of experience in trading, investment, and wealth management. As the founder and chief strategist of Naranj Capital, he’s built a reputation for providing insightful research analysis to guide investment decisions.

    Arijit’s credentials are impressive, holding both the Chartered Market Technician (CMT) and Certified Financial Technician (CFTe) designations. These certifications demonstrate his expertise in technical analysis and financial markets.

    Through Naranj Capital, Arijit shares his market insights and research analysis, offering actionable advice for investors. His work is featured on platforms like TradingView, where he publishes detailed analysis and recommendations.

    If you’re interested in learning more about Arijit’s work or Naranj Capital’s services, you can reach out to them directly through their website