Stock Price Prediction

Analysis and Insights

Based on the analysis of Banner Corp (BANR), here is the prediction for the stock price and recommendation for the next trading week:

Technical Analysis:

The stock is currently trading near the lower end of its Fibonacci support level, with a pivot point at $65.20. The Relative Strength Index (RSI) is at 40.41, indicating the stock is in the lower range, which may suggest a potential oversold condition. The MACD is showing a bullish divergence, with the MACD line (-1.33) approaching the signal line (-1.68), indicating a possible trend reversal.

Fibonacci Levels:

• Pivot Point: $65.20
• Resistance 1: $68.08
• Support 1: $62.31

Fundamental Analysis:

Banner Corp reported strong Q4 earnings, with Non-GAAP EPS of $1.33 beating expectations by $0.13, and revenue of $160.14 million, which was a 1.9% year-over-year increase. The company also maintained a strong core deposit base, with core deposits representing 89% of total deposits. However, there are concerns about rising delinquent loans and moderate compression in the net interest margin.

Price Prediction and Recommendation:

Based on the technical and fundamental analysis, the stock is expected to rebound next week, with a target price of $68.08. The recommendation is to BUY BANR with a stop-loss at $62.31.