Stock Forecast Chart
Stock Price Prediction Summary
Forecast Score Based on 2 Weeks
Based on our forecast, the price of PETQ will rise by +0.52% over the next 2 Weeks and hit $31.14 by Friday, November 8, 2024. In that time frame, PETQ's share price is expected to range between $30.54 and $31.72.
BearishAverageBullishPETQ shares fell -0.03% in Thursday, October 24, 2024's trading session, dropping from a previous close of $30.99 to move at $30.98. The stock demonstrated notable intraday movement (see PETQ's key stats for a full breakdown), fluctuating between $30.98 and $31.00, a +0.06% trading range. While recent weeks have seen some volatility, PETQ has managed to secure a +0.32% gain over the past 2 weeks. The downward price movement was accompanied by decreased trading volume, with approximately 0 shares changing hands, 933.9K fewer than the previous session. This amounted to $0.00 in total market activity.
Will PETQ Continue Its Upward Trend?
According to analyst ratings and projections for PETQ, PetIQ, Inc. shares are anticipated to increase by +2.44%, potentially reaching $31.76 per share by November 8, 2024. Short-term technical indicators currently suggest a neutral sentiment for PETQ. For deeper insights, view our sentiment analysis on AAPL covering social and institutional perspectives. However, the stock has recorded 17 positive trading days within the past 30 sessions. Based on the PETQ stock forecast, now is a good time to buy PETQ stock because its current trading price is -0.52% below our predicted value, hinting at a possible overvaluation. For deeper insights, view our sentiment analysis on PETQ covering social and institutional perspectives.
PETQ Technical Momentum: Overbought, Oversold, or Neutral?
An analysis of Relative Strength Index (RSI) indicators provides insight into PETQ's momentum. Short-term RSIs (9, 14, and 20-day figures ranging from 78.69% to 80.74%) indicate the stock is in a strong bullish momentum phase. The 50-day RSI, at 71.64%, indicates significant medium-term strength. However, the 100-day RSI, at 64.67%, points to growing bullish momentum over the long term. Insights into PETQ's shareholder base show how institutional investors are positioning themselves during these momentum shifts
PetIQ, Inc. Monthly Forecast 2024–2025
November 2024
According to our latest forecast models, PetIQ, Inc. (PETQ) is positioned to show a strong performance in November 2024. The price is predicted to move between $15.06 and $20.85, settling at an average of $18.12. This could translate to a -41.51% loss.
December 2024
Based on current market signals, PetIQ, Inc. is projected to trend december 2024. We forecast a trading range from $16.13 to $22.50, with a likely average price of $19.76. Investors could expect a potential return of -36.22%.
January 2025
Our predictive algorithms indicate PetIQ, Inc. stock may see a shift in January 2025. The expected range spans $17.32–$24.14, with an average target of $20.86. This represents a cautious outlook and a possible loss of -32.67%.
February 2025
Analyzing established trends, PetIQ, Inc. looks set to move in February 2025. Projections place the stock between $17.84 and $23.93, averaging around $20.79. This suggests a -32.89% loss from current levels.
March 2025
Market indicators suggest PetIQ, Inc. could experience notable changes during March 2025. Prices could fluctuate within $15.52 to $22.53, with a midpoint forecast of $19.62. The stock might deliver a -36.67% loss.
April 2025
Forecasting for April 2025, models estimate that PetIQ, Inc. may undergo key fluctuations. If trends hold, the stock might trade between $15.32 and $21.41, averaging $18.49. This signals a cautious trajectory with potential returns around -40.32%.
May 2025
According to our latest forecast models, PetIQ, Inc. (PETQ) is positioned to show a strong performance in May 2025. The price is predicted to move between $16.42 and $22.92, settling at an average of $20.21. This could translate to a -34.76% loss.
June 2025
Based on current market signals, PetIQ, Inc. is projected to trend june 2025. We forecast a trading range from $18.09 to $24.11, with a likely average price of $21.28. Investors could expect a potential return of -31.31%.
July 2025
Our predictive algorithms indicate PetIQ, Inc. stock may see a shift in July 2025. The expected range spans $18.37–$24.09, with an average target of $21.16. This represents a cautious outlook and a possible loss of -31.70%.
August 2025
Analyzing established trends, PetIQ, Inc. looks set to move in August 2025. Projections place the stock between $15.85 and $23.04, averaging around $19.79. This suggests a -36.12% loss from current levels.
September 2025
Market indicators suggest PetIQ, Inc. could experience notable changes during September 2025. Prices could fluctuate within $16.45 to $21.70, with a midpoint forecast of $18.98. The stock might deliver a -38.73% loss.
October 2025
Forecasting for October 2025, models estimate that PetIQ, Inc. may undergo key fluctuations. If trends hold, the stock might trade between $17.75 and $25.96, averaging $20.90. This signals a cautious trajectory with potential returns around -32.54%.
PETQ's history of dividends and stock splits also plays a role in long-term investor confidence.