Want to know the current price of Gilead Sciences and what’s next for GILD stock? On this page, we share the latest Gilead Sciences news and advice on buying stocks. You can also view the latest Gilead Sciences Forecast for 2022 and 2023 from our experts.
Should you buy or sell Gilead Sciences stock today? To what levels can the shares of this company rise in a year, two, three? How much will Gilead Sciences papers cost in 2021, 2022, 2023? We have been making currency rate forecasts for a long time, and we can also predict the behavior of the stock market using technical analysis and simple indicators.
We also take into account the technical, fundamental analysis of stocks, the news background, the general geopolitical situation in the world and other, smaller factors. The stock forecasts include target levels for GILD’s stock, both up and down.
Gilead Sciences Forecast for 2022 and 2023
Quotes of Gilead Sciences continue to move as part of the growth and the rising channel. The moving averages indicate a short-term bullish trend for GILD stock. Prices have gone up from the area between the signal lines, which indicates pressure from buyers of securities and a likely continuation of the rise in the near future. At the time of publication of the forecast, the price of Gilead Sciences shares is 71.87 per share. As part of the forecast, we should expect an attempt to develop a correction and test the support level near the area of 65.05. Further, the price bounces up and the continued rise in the value of securities. The potential target of such a movement in shares is the area above the level of 90.05 already in 2021, 2022, 2023.
An additional signal in favor of the growth of Gilead Sciences quotes will be a test of the support line on the relative strength index (RSI). The second signal will be a rebound from the lower border of the bullish channel. Cancellation of the option to raise the price of GILD shares will be a fall and a breakdown of the level of 62.05. This will indicate a breakdown of the support area, in which case we can consider the continuation of the decline in securities to the area at the level of 55.05. It is worth waiting for confirmation of the rise in shares with a breakdown of the resistance area and closing above the level of 80.05, which will indicate a breakdown of the upper limit of the descending channel.
Gilead Sciences Forecast for 2022 and 2023 suggests an attempt to develop a decline and test the support area near the level of 65.05. Where should we expect a rebound and an attempt to continue the rise of shares in the area above the level of 90.05. In favor of the growth of securities, a test of the trend line on the relative strength index (RSI) will come out. Cancellation of the GILD rise option will be a fall and a breakdown of the level of 62.05. This will indicate a breakdown of the lower border of the channel and a continuation of the fall in value to the area below the level of 55.05.
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