ASR Price Prediction Next Week
Technical Analysis: ASR's recent price action shows a bearish trend with the stock trading below its 200-day SMA of $284.78. The RSI at 47.36 indicates neutral momentum, though approaching oversold territory. The MACD line at 3.47 with a negative histogram (-0.23) suggests weakening momentum.
Price Levels and Support/Resistance:
- Current price: $274.51
- Key Fibonacci levels:
- Resistance R1: $289.53
- Resistance R2: $294.73
- Support S1: $272.69
- Support S2: $267.49
News Impact: Recent news indicates ASR crossed below its key moving average level, suggesting technical weakness. The stock has entered oversold territory with an RSI reading of 29.7, potentially indicating a temporary bottom formation.
Next Week Price Prediction: Based on technical indicators and Fibonacci levels:
- Most likely scenario (60% probability): Price consolidation between $272-$282
- Bearish scenario (25% probability): Break below S1 could lead to $267.49
- Bullish scenario (15% probability): Bounce from oversold conditions to R1 at $289.53
Trading Recommendation: SELL
- Entry: Current market price ($274.51)
- Target: $267.49 (S2 level)
- Stop loss: $282.00 (above recent consolidation)
Rationale: Bearish momentum confirmed by moving average crossover and weakening MACD, suggesting further downside potential despite oversold conditions.
ASR Similar Chart Price Prediction
The price of ASR is predicted to go up -7.51%, based on the high correlation periods with FNKO. The similarity of these two price pattern on the periods is 93.82%.
ASR
FNKO
Down: -7.51%Similarity: 93.82%
ASR Revenue Forecast
ASR EPS Forecast
ASR FAQs
What is bull’s view on ASR?
What is bear's view on ASR?
What is ASR revenue forecast for next quarter？
What is ASR eps forecast for next quarter？
ASR Analyst's Forecast
Alejandro Demichelis
Jefferies
Hold
2025-02-12
Price Target
$321 → $310
Upside
+7.46%
Jefferies lowered the firm's price target on Asur to $310 from $321 and keeps a Hold rating on the shares. Latin America airports' upcoming Q4 results should show traffic recoveries across most geographies, though Asur's Cancun airport continues to see steady year-over-year traffic drops, the analyst tells investors.
