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Guardant Health Stock Flashing Surefire ‘Buy' Signal
GHGuardant Health(GH) Forbes·2024-12-04 18:31

Biotechnology stock Guardant Health (GH) is trading at 15-month highs today, last seen up 7% at $38.28. Shares have added 107.7% over the last nine months, and now stand nearly 42% higher in 2024. Plus, a bullish signal now flashing suggests GH’s rally could still have legs, if past is precedent.Guardant Health stock’s recent highs coincide with historically low implied volatility (IV) — a combination that has been bullish for the security in the past. According to data from Schaeffer's Senior Quantitative ...