Biotech company Vaxart Inc (NASDAQ:VXRT) has seen its stock jump by 10% this morning and that has taken its gains over the course of the past month to 50%.
The company is working on oral vaccines and in recent times there has been considerable focus of such companies in light of prospective vaccine rollouts. In addition to that, Vaxart has also become the subject of online chatter on investing forums and on social media platforms in recent times.
On the other hand, it is important to note that last week Pipe Sandler analyst Yasmeenn Rahimi started covering the Vaxart stock and set a price target of $18 a share. That represents of an upside of more than 100% from its current levels. Such a bullish call on a stock is usually a positive trigger for investors and that is what seems to have happened with the Vaxart stock. Investors could do well to track the stock over the course of the coming days.
Moving Averages
| +/- EMA(20) | 7.31 (+19.15%) |
| +/- SMA(50) | 6.75 (+29.04%) |
| +/- SMA(200) | 6.88 (+26.60%) |
Technical Indicators
| Symbol | Value | Result | Symbol | Value | Result |
| ADX | 16.0266 | Neutral | ATR14 | 0.8253 | |
| CCI20 | 284.4225 | OverBought | Chaikin Money Flow | -0.0335 | Neutral |
| MACD | 0.2245 | Buy | Money Flow Index | 89.2563 | OverBought |
| ROC | 40.5145 | Buy | RSI | 63.8373 | Buy |
| STOCH (14,3) | 66.8421 | Sell | STOCH RSI | 1.0000 | OverBought |
| UO | 45.2223 | Sell | Williams %R | -33.1579 | Neutral |
 Stock Continues to Move Up: New High Ahead?){kind=link}