NASDAQ trade advice (B): US medical instrument stock | 5-7% gain | USA stock trading signal on 11 Dec 2024

Date
December 11, 2024
Analysed By
Naranj Capital Research Desk
Stock Market
NASDAQ, United States of America

Trading Advice in US Stocks

  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • Insulet Corporation
  • 267 – 274
  • 288 – 292
  • Below 260
  • 5% – 7%
  • 14 - 15 Days
  • Buy
    Insulet Corporation
  • Buy
    Range
    267 – 274
  • Target
    288 – 292
  • Stoploss
    Below 260
  • Upside
    Potential
    5% – 7%
  • Trade
    Duration
    14 - 15 Days
  • * Once the first target hit, reset the StopLoss at your buying price.

    Insulet Corporation (NASDAQ: PODD) - Stock Overview

  • NASDAQ code
  • Stock Name
  • Sector
  • 52 Weeks High
  • 52 Weeks Low
  • PODD
  • Insulet Corporation
  • Medical Instrument
  • 279.4
  • 160.19
  • NASDAQ code PODD
  • Stock Name Insulet Corporation
  • Sector Medical Instrument
  • 52 Weeks High 279.4
  • 52 Weeks Low 160.19
  • Insulet Corporation (NASDAQ: PODD) vs NASDAQ - Relative Strength Comparison

    The image compares Insulet Corporation's 1-year performance to NASDAQ.
    Relative Performance - Last 1 Year
    PODD —   NASDAQ —

  • Insulet Corporation (NASDAQ: PODD) - Technical Analysis (Daily)

    Insulet Corporation - Technical Analysis chart on Daily Price and Volume
    Insulet Corporation - Technical Analysis chart on Daily Price and Volume

    • After a substantial decline, the stock price stabilized and entered an extended consolidation phase.
    • During this time, an Inverted Head & Shoulders pattern emerged.
    • Following a breakout, the stock experienced additional consolidation, leading to the creation of a Symmetrical Triangle pattern.
    • Now with another breakout, the price is expected to maintain its upward momentum.
  • Insulet Corporation (NASDAQ: PODD) - RSI Indicator

    Insulet Corporation stock analysis based on RSI indicator
    Insulet Corporation - RSI indicator

    • Current RSI of this stock is 69.04, which indicates the strength of buyers.

  • Insulet Corporation (NASDAQ: PODD) - ADX & DI Indicator

    Insulet Corporation stock analysis based on ADX & DI indicator
    Insulet Corporation - ADX & DI indicator

    • Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured.

  • Insulet Corporation (NASDAQ: PODD) - EMA Crossover

    Insulet Corporation stock analysis based on EMA Crossover
    Insulet Corporation - EMA Crossover

    • The short length exponential moving average (10 EMA) has crossed the long length moving average (20 EMA) from the below, generates bullish signal. Last day’s candle has closed above all these moving averages. This suggests buyers are taking interest in this stock.

  • Conclusion - Insulet Corporation (NASDAQ: PODD) Stock Price Forecast

    Based on our swing trading advisory service, Insulet Corporation stock price target will be USD 288 - USD 292 in the next 14-15 trading sessions.

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    Stoploss reached. Trade closed.

    4 days
    18 Dec 2024
    11 Dec 2024
    Loss per
    100,000 SAR
    4 days
    -2,622
    Stop-loss
    18 Dec 2024
    260
    Buy Advice
    11 Dec 2024
    267 – 274
    Target 1
    288
    Target 2
    292
    Profit per
    100,000 SAR
    -2,622
    260
    267 – 274
    288
    292
    4 days
    18 Dec 2024
    11 Dec 2024
    Loss per
    100,000 SAR
    4 days
    -2,622
    Stop-loss
    18 Dec 2024
    260
    Buy Advice
    11 Dec 2024
    267 – 274
    Target 1
    288
    Target 2
    292
    Profit per
    100,000 SAR
    -2,622
    260
    267 – 274
    288
    292
  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • Insulet Corporation
  • 267 – 274
  • 288 – 292
  • Below 260
  • 5% – 7%
  • 14 - 15 Days
  • Buy Insulet Corporation
  • Buy
    Range
    267 – 274
  • Target 288 – 292
  • Stoploss Below 260
  • Upside
    Potential
    5% – 7%
  • Trade
    Duration
    14 - 15 Days
  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • Insulet Corporation
  • 267 – 274
  • 288 – 292
  • Below 260
  • 5% – 7%
  • 14 - 15 Days
  • Buy
    Insulet Corporation
  • Buy
    Range
    267 – 274
  • Target
    288 – 292
  • Stoploss
    Below 260
  • Upside
    Potential
    5% – 7%
  • Trade
    Duration
    14 - 15 Days
  • * Once the first target hit, reset the StopLoss at your buying price.
    * Trade durations are approximate; actual holding period may vary.

    Insulet Corporation (NASDAQ: PODD) - Stock Overview

  • NASDAQ code
  • Stock Name
  • Sector
  • 52 Weeks High
  • 52 Weeks Low
  • PODD
  • Insulet Corporation
  • Medical Instrument
  • 279.4
  • 160.19
  • NASDAQ code PODD
  • Stock Name Insulet Corporation
  • Sector Medical Instrument
  • 52 Weeks High 279.4
  • 52 Weeks Low 160.19
  • Company profile

    Insulet Corporation creates and sells insulin delivery systems for those with insulin-dependent diabetes. Its Omnipod platform features the Omnipod 5 Automated Insulin Delivery System, which uses a proprietary AID algorithm in the Pod to connect wirelessly with third-party continuous glucose monitors. The Omnipod DASH includes a Bluetooth-enabled Pod managed by a smartphone-like Personal Diabetes Manager with a color touchscreen. Additionally, Omnipod GO is a standalone, wearable system that delivers a fixed rate of rapid-acting insulin for 72 hours. The company distributes its products through independent distributors, pharmacies, and directly in the U.S., Canada, Europe, the Middle East, Australia, and beyond. Founded in 2000, Insulet is based in Acton, Massachusetts.

  • Insulet Corporation (NASDAQ: PODD) vs NASDAQ - Relative Strength Comparison

    The image compares Insulet Corporation's 1-year performance to NASDAQ.
    Relative Performance - Last 1 Year
    PODD —   NASDAQ —

  • Insulet Corporation (NASDAQ: PODD) - Technical Analysis (Daily)

    Insulet Corporation - Technical Analysis chart on Daily Price and Volume
    Insulet Corporation - Technical Analysis chart on Daily Price and Volume

    • After a substantial decline, the stock price stabilized and entered an extended consolidation phase.
    • During this time, an Inverted Head & Shoulders pattern emerged.
    • Following a breakout, the stock experienced additional consolidation, leading to the creation of a Symmetrical Triangle pattern.
    • Now with another breakout, the price is expected to maintain its upward momentum.
  • Insulet Corporation (NASDAQ: PODD) - RSI Indicator

    Insulet Corporation stock analysis based on RSI indicator
    Insulet Corporation - RSI indicator

    • Current RSI of this stock is 69.04, which indicates the strength of buyers.

  • Insulet Corporation (NASDAQ: PODD) - ADX & DI Indicator

    Insulet Corporation stock analysis based on ADX & DI indicator
    Insulet Corporation - ADX & DI indicator

    • Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured.

  • Insulet Corporation (NASDAQ: PODD) - EMA Crossover

    Insulet Corporation stock analysis based on EMA Crossover
    Insulet Corporation - EMA Crossover

    • The short length exponential moving average (10 EMA) has crossed the long length moving average (20 EMA) from the below, generates bullish signal. Last day’s candle has closed above all these moving averages. This suggests buyers are taking interest in this stock.

  • Conclusion - Insulet Corporation (NASDAQ: PODD) Stock Price Forecast

    Based on our swing trading advisory service, Insulet Corporation stock price target will be USD 288 - USD 292 in the next 14-15 trading sessions.

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    Details of Arijit Banerjee

    Arijit Banerjee CMT CFTe is a seasoned expert in the financial industry, boasting decades of experience in trading, investment, and wealth management. As the founder and chief strategist of Naranj Capital, he’s built a reputation for providing insightful research analysis to guide investment decisions.

    Arijit’s credentials are impressive, holding both the Chartered Market Technician (CMT) and Certified Financial Technician (CFTe) designations. These certifications demonstrate his expertise in technical analysis and financial markets.

    Through Naranj Capital, Arijit shares his market insights and research analysis, offering actionable advice for investors. His work is featured on platforms like TradingView, where he publishes detailed analysis and recommendations.

    If you’re interested in learning more about Arijit’s work or Naranj Capital’s services, you can reach out to them directly through their website