Huma price prediction for today
11/15/2024 10:09pm
**Humacyte (HUMA) is not a safe investment at the moment.** Here's why:
1. **Recent Performance**: The stock has experienced significant declines, closing at $4.84 on November 14, 2024, which is below both the 50-day and 10-day moving averages of $5.43 and $5.32, respectively. This indicates a bearish trend in the short term.
|Ticker|Name|Date|Closing Price|code|market_code|
|---|---|---|---|---|---|
|HUMA.O|Humacyte|20241115|4.84|HUMA|185|
2. **Technical Indicators**: The Relative Strength Index (RSI) is at 31.78, which is neither in the oversold nor in the overbought territory. However, the Moving Average Convergence Divergence (MACD) is negative at -0.03, suggesting potential downward momentum. The KDJ indicator is at 8.93, which is quite low and typically indicates an oversold condition; however, it may also suggest that the stock is losing momentum.
|Ticker|Name|Date|bollinger lower band|RSI|KDJ|MACD|code|market_code|
|---|---|---|---|---|---|---|---|---|
|HUMA.O|Humacyte|20241114|4.8424|31.7824|8.9309|-0.0289|HUMA|185|
3. **Market Sentiment**: There is a consensus rating of "Strong Buy" with an average price target of $17, which is a significant premium over the current price. This suggests that analysts believe the stock has potential for growth. However, the recent FDA delays and regulatory issues have led to a negative sentiment.
4. **Fund Flow**: There was a net fund flow of $1.41 million, which could indicate some confidence in the stock from investors. But this needs to be considered in the context of the overall market and company-specific factors.
|Ticker|Name|Date|Net Fund Flow|code|market_code|
|---|---|---|---|---|---|
|HUMA.O|Humacyte|20240102|-23978.94|HUMA|185|
|HUMA.O|Humacyte|20240103|-260716.56|HUMA|185|
|HUMA.O|Humacyte|20240104|-181625.98|HUMA|185|
|HUMA.O|Humacyte|20240105|-59840.55|HUMA|185|
|HUMA.O|Humacyte|20240108|120759.03|HUMA|185|
|HUMA.O|Humacyte|20240109|-74635.27|HUMA|185|
|HUMA.O|Humacyte|20240112|-123935.82|HUMA|185|
|HUMA.O|Humacyte|20240116|-105516.12|HUMA|185|
|HUMA.O|Humacyte|20240117|74958.29|HUMA|185|
|HUMA.O|Humacyte|20240118|33685.14|HUMA|185|
5. **Company News**: Humacyte has recently priced a registered direct offering at $5.34 per share, which could put downward pressure on the stock price if perceived as a sign of distress or dilution of existing shares.
In conclusion, while there are some positive indicators, such as the consensus rating and the recent financing, the overall picture suggests that Humacyte is not a safe investment at the moment. Investors should be cautious and consider the potential for further price declines given the current regulatory challenges and negative sentiment.