AGNC Price Prediction Next Week
Analysis and Insights
Technical Analysis:
AGNC's stock price is currently trading at $10.37, with a neutral RSI of 57.66, indicating no clear overbought or oversold conditions. The MACD is slightly positive at 0.10, suggesting mild bullish momentum. However, the stock is approaching the upper Bollinger Band, which may indicate overbought conditions.
Valuation Analysis:
AGNC is trading at a premium to its tangible net book value of $8.41, with a price-to-book ratio of 1.23. This premium could indicate investor optimism, but it also suggests potential downside risk if the book value declines further.
News and Sentiment:
Recent news indicates bearish options activity, with a Put/Call Ratio of 3.30, signaling increased bearish sentiment. The upcoming earnings announcement on April 21st adds uncertainty, which could impact the stock price.
Fibonacci Levels:
The stock is currently trading near the pivot point of $10.35, with resistance at $10.57 (R1) and support at $10.14 (S1). A break below the pivot could signal a bearish trend.
Conclusion:
Based on the analysis, AGNC is expected to trade between $10.00 and $10.50 next week. The bearish options activity and overvaluation relative to book value suggest a potential pullback.
Recommendation: Sell AGNC with a target price of $10.00.
AGNC Similar Chart Price Prediction
The price of AGNC is predicted to go up 5.33%, based on the high correlation periods with E. The similarity of these two price pattern on the periods is 97.41%.
AGNC
E
Up: 5.33%Similarity: 97.41%
AGNC Revenue Forecast
AGNC EPS Forecast
AGNC FAQs
What is AGNC revenue forecast for next quarter？
What is AGNC eps forecast for next quarter？
AGNC Analyst's Forecast
Donald Fandetti
Wells Fargo
Buy
2025-01-30
Price Target
$12 → $11
Upside
+6.85%
Wells Fargo lowered the firm's price target on AGNC Investment to $11 from $12 and keeps an Overweight rating on the shares. Agency RMBS fundamentals are favorable with wide spreads, and the supply/demand is well-balanced, the firm says. Wells sees an attractive risk/reward for AGNC.
Richard Shane
JP Morgan
Buy
2024-12-09
Price Target
$10 → $9.5
Downside
-2.03%
Donald Fandetti
Wells Fargo
Hold → Buy
2024-09-20
Price Target
$10 → $12
Upside
+14.39%
