Stock Price Prediction

Technical Analysis: Based on APO's recent price action and technical indicators, here is the analysis for next week's trading:

• Price has formed a bearish reversal pattern with significant volume on Friday, closing at $150.55, down 3.98%
• RSI indicates overbought conditions, suggesting potential downside pressure
• MACD shows bearish divergence, with the signal line crossing below the MACD line
• Key support levels: $148.60 (Friday's low), $145.00 (psychological level)
• Key resistance levels: $157.45 (Friday's high), $160.00 (psychological level)

News Analysis:

• Apollo Global Management has seen hedge funds reducing exposure to financial stocks, particularly in diversified financial services, indicating institutional selling pressure
• The company received a moderate 52% rating from Motley Fool's Small-Cap Growth Investor model, suggesting limited upside potential
• Apollo is involved in competitive bidding for Family Dollar chain acquisition, which could impact short-term price movement

Price Prediction for Next Week: Based on technical indicators and news sentiment:

• Target Price: $145-147 range
• Recommendation: SELL
• Key catalysts:
  • Bearish technical setup with overbought conditions
  • Institutional selling pressure
  • Overall market uncertainty heading into next week
  • Negative momentum indicators

The stock is likely to test support levels around $148.60 first, and if broken, could move towards the $145 level. Traders should watch for increased volume at these levels for confirmation of the bearish move.