The stock of Vaxcyte, Inc. (NASDAQ:PCVX) is now priced at $32.5 and the shares are 0.77 points up or 2.43% higher compared to its previous closing price of $31.73. The stock had 102018 contracts set over the past session. PCVX shares’ daily volume is compared to its average trading volume at 302060 shares. However, it has a float of 39.35 million and although its performance was 22.13% over the week, it’s one to watch. Analysts have given the PCVX stock a yearly average price target of $43.25 per share. It means the stock’s upside potential is 33.08% with the PCVX share price recently placing at $30.12 to $34.2. However, some brokerage firms have priced the stock below the average, including one that has called $37.

Looking at current readings, Vaxcyte, Inc.’s two-week RSI is 0. This suggests that the stock is overbought at the moment and that PCVX shares’ price movement remains not stable. The stochastic readings are equally revealing at 86.13% meaning the PCVX share price is currently in oversold territory.

The technical chart shows that the PCVX stock will likely settle at between $34.43 and $36.35 per share. However, if the stock dips below $30.35, then its market would become much weaker. Any downside could see the stock price sliding to levels as low as $28.19.

Currently, the stock is trading in the green of MACD, with a reading of 2.71. Investors always pay attention to any move above or below the zero-line, mainly because the indicator points to the position of the stock’s short-term average relative to its long-term measure. A MACD -a reading above the zero line means that the short-term is above the long-term average. This scenario implies that there is an upward momentum. The opposite is true when the MACD falls below the zero-line.

Analysts at Maxim Group assigned PCVX a rating of Buy in their intiating review released on July 07. Cantor Fitzgerald analysts see the stock as a Overweight with a target price of $55 in a flash note released to investors on July 07 initiating covering the stock. BofA Securities analysts see the stock as Buy when the analysts initiated the share price coverage on July 07, placing it at $37.

The average rating for the PCVX equity is — and is currently gathering a bearish momentum. Of 4 analysts tracking Vaxcyte, Inc. polled by Reuters, 0 rated PCVX as a hold. The remaining 4 analysts were split evenly. However, the split wasn’t equal as a majority (4) rated it as a buy or strong buy. 0 analyst advised investors against buying the stock or to sell if they own any of the stock.

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