Buy GeneDx Holdings | NASDAQ – WGS | Short Term Trading Advice | Healthcare Sector | 14th May 2024 | Expected Gain 13% – 17%

Stock Market
NASDAQ, United States of America

Target hit. Trade closed.

14 May 2024
5 Jun 2024
5 Jun 2024
16 days
Loss per
100,000 USD
Stop-loss
19
Buy Advice
14 May 2024
22 – 23
Target 1
5 Jun 2024
26
Target 2
5 Jun 2024
27
Profit per
100,000 USD
16 days
22,727
19
22 – 23
26
27
22,727
  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • GeneDx Holdings
  • 22 – 23
  • 26 – 27
  • Below 19
  • 13 – 17%
  • 15 - 16 Days
  • Buy GeneDx Holdings
  • Buy
    Range
    22 – 23
  • Target 26 – 27
  • Stoploss Below 19
  • Upside
    Potential
    13 – 17%
  • Trade
    Duration
    15 - 16 Days
  • * Once the first target hit, reset the StopLoss at your buying price.
    * Trade durations are approximate; actual holding period may vary.

    GeneDx Holdings (NASDAQ: WGS) - Stock Overview

  • NASDAQ Code
  • Stock Name
  • Sector
  • 52 Weeks High
  • 52 Weeks Low
  • WGS
  • GeneDx Holdings
  • Health Care
  • 21.71
  • 1.16
  • NASDAQ Code WGS
  • Stock Name GeneDx Holdings
  • Sector Health Care
  • 52 Weeks High 21.71
  • 52 Weeks Low 1.16
  • Company profile

    GeneDx Holdings Corp., through its subsidiaries, provides genomics-related diagnostic and information services. The company offers Centrellis, an AI-driven health intelligence platform that integrates digital tools and artificial intelligence allowing scientists to ingest and synthesize clinical and genomic data to deliver comprehensive health insights. It provides genetic diagnostic tests, screening solutions, and information with a focus on pediatrics, rare diseases for children and adults, and hereditary cancer screening. GeneDx Holdings Corp. was founded in 2017 and is headquartered in Stamford, Connecticut.

  • GeneDx Holdings (NASDAQ: WGS) vs NASDAQ - Relative Strength Comparison

    The image compares GeneDx Holdings's 1-year performance to NASDAQ.
    Relative Performance - Last 1 Year
    WGS —   NASDAQ —

  • GeneDx Holdings (NASDAQ: WGS) - Technical Analysis (Daily)

    GeneDx Holdings - Technical Analysis chart on Daily Price and Volume
    GeneDx Holdings - Technical Analysis chart on Daily Price and Volume

    • After a huge downfall, price had gone into a deep consolidation phase.
    • Volume was completely dried up in this period.
    • During this phase, an Inverted Head & Shoulder pattern has been formed, which indicated that the trend was going to change.
    • With a strong bullish candle, price successfully broke the neckline of the Inverted Head & Shoulder pattern.
    • With again a short consolidation, price is moving upwards.
    • The momentum will be with the buyers until the price is trading above 18.5 level.
  • GeneDx Holdings (NASDAQ: WGS) - RSI Indicator

    GeneDx Holdings stock analysis based on WGS Indicator
    GeneDx Holdings - WGS Indicator

    • Current RSI of this stock is 81.54, which indicates the strength of buyers.

  • GeneDx Holdings (NASDAQ: WGS) - ADX & DI Indicator

    GeneDx Holdings stock analysis based on ADX & DI Indicator
    GeneDx Holdings - 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.

  • GeneDx Holdings (NASDAQ: WGS) - MACD Indicator

    GeneDx Holdings stock analysis based on MACD Indicator
    GeneDx Holdings - MACD Indicator

    • MACD line has crossed the signal line from the below, generates bullish signal.

  • Conclusion - GeneDx Holdings (NASDAQ: WGS) Stock Price Forcast

    Based on our US swing trading stocks, GeneDx Holdings stock price target will be USD 26 - USD 27 in the next 15-16 trading sessions.

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