While this happened, Laidlaw downgraded its Icad Inc [ICAD] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including BTIG Research’s analysts, who decreased its forecast for the stock in mid April from “a Buy” to “a Neutral”. Guggenheim also remained covering ICAD and has decreased its forecast on January 18, 2022 with a “Neutral” recommendation from previously “Buy” rating. Guggenheim started covering the stock on April 22, 2021. It rated ICAD as “a Buy”.
Price Performance Review of ICAD
On Monday, Icad Inc [NASDAQ:ICAD] saw its stock fall -5.90% to $3.03. Over the last five days, the stock has gained 70.22%. Icad Inc shares have risen nearly 65.57% since the year began. Nevertheless, the stocks have risen 94.23% over the past one year. While a 52-week high of $3.78 was reached on 01/30/25, a 52-week low of $1.18 was recorded on 04/07/25. SMA at 50 days reached $2.42, while 200 days put it at $1.92.
Levels Of Support And Resistance For ICAD Stock
The 24-hour chart illustrates a support level at 2.96, which if violated will result in even more drops to 2.90. On the upside, there is a resistance level at 3.13. A further resistance level may holdings at 3.24. The Relative Strength Index (RSI) on the 14-day chart is 68.29, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.02, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 19.13%. Stochastics %K at 87.80% indicates the stock is a selling.
How much short interest is there in Icad Inc?
A steep rise in short interest was recorded in Icad Inc stocks on 2025-03-31, growing by 38343.0 shares to a total of 0.27 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 0.23 million shares. There was a rise of 14.23%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on March 23, 2021 when BTIG Research began covering the stock and recommended ‘”a Buy”‘ rating along with a $25 price target.
