What The Technical Indicators Are Saying About CytomX Therapeutics, Inc. (CTMX), Aptevo Therapeutics Inc. (APVO)

CytomX Therapeutics, Inc. (NASDAQ:CTMX) traded at an unexpectedly low level on 10/27/2017 when the stock experienced a 4.43% gain to a closing price of $20.28. The company saw 0.27 million shares trade hands over the course of the day. Given that its average daily volume over the 30 days has been 325.69 million shares a day, this signifies a pretty significant change over the norm.

CytomX Therapeutics, Inc. (CTMX) Analyst Gushes

Analysts are speculating a 116.96% move, based on the high target price ($44) for the shares that is set to reach in the next 12 months. The analysts, on average, are forecasting a $35 price target, but the stock is already up 105.89% from its recent lows. However, the stock is trading at -17.8% versus recent highs ($ 24.6712). Analysts believe that we could see stock price minimum in the $25 range (lowest target price), allowing for another 23.27% jump from its current position. Leading up to this report, we have seen a 12.23% rise in the stock price over the last 30 days and a 50.33% increase over the past 3 months. Overall, the share price is up 84.53% so far this year. Additionally, CTMX had a day price range of $19.32 to $20.3.

CytomX Therapeutics, Inc. (CTMX) Price Potential

Heading into the stock price potential, CytomX Therapeutics, Inc. needs to grow just 72.58% to cross its median price target of $35. In order to determine directional movement, the 50-day and 200-day moving averages for CytomX Therapeutics, Inc. (NASDAQ:CTMX) are $19.23 and $16.03. Given that liquidity is king in short-term, CTMX is a stock with 35.31 million shares outstanding that normally trades 4.36% of its float. The stock price recently experienced a 5-day gain of 0.6% with 0.91 average true range (ATR). CTMX has a beta of 0 and RSI is 54.66.

Aptevo Therapeutics Inc. (NASDAQ:APVO)’s Lead Over its Technicals

On the other hand, Aptevo Therapeutics Inc. by far traveled 142.2% versus a 1-year low price of $1.1478. The share price was last seen 4.12% higher, reaching at $2.78 on Oct. 27, 2017. At recent session, the prices were hovering between $2.54 and $2.9. This company shares are 115.83% off its target price of $6 and the current market capitalization stands at $57.21M. The recent change has given its price a 35.93% lead over SMA 50 and -27.79% deficit over its 52-week high. The stock witnessed 28.7% gains, 51.09% gains and 37.62% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found APVO’s volatility during a week at 8.85% and during a month it has been found around 10.44%.

Aptevo Therapeutics Inc. (NASDAQ:APVO) Intraday Metrics

Aptevo Therapeutics Inc. (APVO) exchanged hands at an unexpectedly low level of 0.5 million shares over the course of the day. Noting its average daily volume at 771.31 million shares each day over the month, this signifies a pretty significant change over the norm.

Aptevo Therapeutics Inc. Target Levels

The market experts are predicting a 115.83% rally, based on the high target price ($6) for Aptevo Therapeutics Inc. shares that is likely to be hit in the 52 weeks. Analysts anticipate that traders could see stock price minimum in the $6 range (lowest target price). If faced, it would be a 115.83% jump from its current position. Overall, the share price is up 13.93% year to date.

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