How These 2 Stocks Look on Technical Charts: Patterson Companies, Inc. (PDCO), Portola Pharmaceuticals, Inc. (PTLA)

Patterson Companies, Inc. (NASDAQ:PDCO) traded at an unexpectedly high level on 11/22/2017 when the stock experienced a 1.41% gain to a closing price of $35.29. The company saw 3.54 million shares trade hands over the course of the day. Given that its average daily volume over the 30 days has been 1.66 million shares a day, this signifies a pretty significant change over the norm.

Patterson Companies, Inc. (PDCO) Max Upside Potential Is 50.18%

Analysts are speculating a 50.18% move, based on the high target price ($53) for the shares that is set to reach in the next 12 months. The analysts, on average, are forecasting a $41.33 price target, but the stock is already up 10.04% from its recent lows. However, the stock is trading at -26.93% versus recent highs ($48.29). Analysts believe that we could see stock price minimum in the $34 range (lowest target price), allowing for another -3.66% drop from its current position. Leading up to this report, we have seen a -11.47% fall in the stock price over the last 30 days and a -4.21% decline over the past 3 months. Overall, the share price is down -13.99% so far this year. Additionally, PDCO had a day price range of $34.47 to $35.96.

Patterson Companies, Inc. (PDCO) RSI Reaches 45.11

Heading into the stock price potential, Patterson Companies, Inc. needs to grow just 16.18% to cross its median price target of $41. In order to determine directional movement, the 50-day and 200-day moving averages for Patterson Companies, Inc. (NASDAQ:PDCO) are $36.75 and $40.66. Given that liquidity is king in short-term, PDCO is a stock with 95.78 million shares outstanding that normally trades 16.08% of its float. The stock price recently experienced a 5-day gain of 2.44% with 1.24 average true range (ATR). PDCO has a beta of 0.97 and RSI is 45.11.

Portola Pharmaceuticals, Inc. (NASDAQ:PTLA)’s -0.41% Lead Over A Technical Metric

On the other hand, Portola Pharmaceuticals, Inc. by far traveled 198.95% versus a 1-year low price of $17.15. The share price was last seen 0.93% higher, reaching at $51.27 on Nov. 22, 2017. At recent session, the prices were hovering between $49.01 and $51.53. This company shares are 46.28% off its target price of $75 and the current market capitalization stands at $3.34B. The recent change has given its price a -0.41% deficit over SMA 50 and -23.59% deficit over its 52-week high. The stock witnessed 2.13% gains, -13.38% declines and 35.17% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found PTLA’s volatility during a week at 3.24% and during a month it has been found around 4.18%.

Portola Pharmaceuticals, Inc. (NASDAQ:PTLA) Is Less Active With 0.65 million Shares

Portola Pharmaceuticals, Inc. (PTLA) exchanged hands at an unexpectedly low level of 0.65 million shares over the course of the day. Noting its average daily volume at 0.91 million shares each day over the month, this signifies a pretty significant change over the norm.

Portola Pharmaceuticals, Inc. Is Worth At Least $68

The market experts are predicting a 56.04% rally, based on the high target price ($80) for Portola Pharmaceuticals, Inc. shares that is likely to be hit in the 52 weeks. Analysts anticipate that traders could see stock price minimum in the $68 range (lowest target price). If faced, it would be a 32.63% jump from its current position. Overall, the share price is up 128.48% year to date.

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