AGYS Price Prediction Next Week
Analysis and Insights
Technical Analysis:
AGYS is currently trading at $75.93 as of 2025-03-24. The stock shows bearish momentum with RSI values below 50 (37.52 for RSI_6, 36.30 for RSI_12, and 35.75 for RSI_14). The MACD is negative at -4.24, with a signal line of 0.83 and a histogram of -5.07, confirming bearish momentum. The Stochastic Oscillator shows %K at 34.65 and %D at 38.09, indicating potential overselling but not yet a strong buy signal.
Fibonacci Levels:
The Fibonacci pivot is at 74.83, with resistance levels at 77.60 and 79.31, and support levels at 72.06 and 70.35. This suggests the stock may face resistance around 77.60.
News Sentiment and Insider Activity:
Recent news includes a meeting with Needham, which could positively impact the stock. However, insider selling, such as David N. Smith selling 7,500 shares, indicates bearish sentiment. Institutional movements are mixed, with 138 investors increasing positions and 110 decreasing, showing uncertainty.
Price Prediction and Recommendation:
Given the bearish technical indicators, mixed institutional sentiment, and insider selling, AGYS is expected to face resistance at 77.60. The stock may pull back, targeting the support level around 74.50.
Price Prediction: $74.50
Recommendation: Sell or avoid buying.
AGYS Similar Chart Price Prediction
The price of AGYS is predicted to go up -42.87%, based on the high correlation periods with QUAD. The similarity of these two price pattern on the periods is 96.08%.
AGYS
QUAD
Down: -42.87%Similarity: 96.08%
AGYS Revenue Forecast
AGYS EPS Forecast
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AGYS Analyst's Forecast
Brian Schwartz
Oppenheimer
Buy
2024-11-12
Price Target
$120 → $135
Upside
+8.76%
Oppenheimer analyst Brian Schwartz raised the firm's price target on Agilysys to $135 from $120 and keeps an Outperform rating on the shares. While the firm isn't updating its forecast, its confidence is increasing that Q3 and FY2025 consensus estimates are achievable, and that Agilysys will be a good fundamentals growth compounder.
Nehal Chokshi
Northland Capital Markets
Buy
2024-10-29
Price Target
$132 → $145
Upside
+41.45%
Matthew Vanvliet
BTIG
Strong Buy
2024-10-29
Price Target
$118 → $124
Upside
+20.96%
