AMR Price Prediction Next Week
Stock Price Prediction for AMR (Alpha Metallurgical Resources Inc.)
Technical Analysis:
- Current Price: $129.45 (as of 2025-03-24)
- RSI (14): 29.74, indicating oversold conditions.
- MACD: -11.42, with a signal line above the MACD, suggesting potential bullish crossover.
- Bollinger Bands: Price is near the lower band, indicating potential volatility.
News Sentiment:
- Earnings Report: AMR reported Q4 2024 adjusted EBITDA of $53 million but faces challenges from weak steel demand and weather disruptions. Management expressed caution and lowered shipment guidance for 2025.
- Options Activity: Significant put option volume, particularly for the $120 strike, indicating bearish sentiment.
Price Prediction:
- Target Price: $126 to $133.
- Recommendation: Buy if support at $126 holds, considering oversold conditions and potential bounce.
AMR Similar Chart Price Prediction
The price of AMR is predicted to go up -2.3%, based on the high correlation periods with BYM. The similarity of these two price pattern on the periods is 98.8%.
AMR
BYM
Down: -2.3%Similarity: 98.8%
