# Roche Holding Target Price $50

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Last modified: 2021-01-15

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By Shayne Heffernan · 2021-01-15
Tags: Shayne Heffernan on Investments, Stocks, Headline News, Top Stories, Shayne Heffernan, US Stocks, Shayne Heffernan, Todays Trade Ideas, Roche Holding
Signed: no (published before platform launch).
Nothing in this article is investment advice.

Roche Holding said that the European Commission has approved its influenza treatment Xofluza.

The company said Xoflusa was also approved as a post-exposure prophylaxis, meaning as a preventative treatment for individuals who have come in contact with someone infected with an influenza virus.

The Commission's approval--which comes in the wake of a November positive opinion from the Committee for Medicinal Products for Human Use--is based on the results of phase 3 Capstone-1, Capstone-2 and Blockstone studies, Roche said.

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Short-term traders should pay closer attention to buy/sell arrows while intermediate/long-term traders should place greater emphasis on the bullish or bearish trend reflected in the lower ribbon.

### Summary

Roche Holding is currently 1.3% above its 200-period moving average and is in an upward trend. 

![](https://livetradingnews-media.nyc3.digitaloceanspaces.com/wp/placeholder.svg)

Our volume indicators reflect volume flowing into and out of Roche Holding at a relatively equal pace (neutral). 

Our trend forecasting oscillators are currently bullish on Roche Holding and have had this outlook for the last 9 periods.

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Overall, the bias in prices is: Upwards.

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During the past 10 bars, there have been 6 white candles and 2 black candles for a net of 4 white candles. 

During the past 50 bars, there have been 25 white candles and 23 black candles for a net of 2 white candles.

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