The stock price of Pathward Financial Inc (CASH) has entered oversold territory with an RSI of 28.9, indicating potential exhaustion of recent selling pressure. The stock is currently trading around $71.12, with a 52-week low of $46.68 and a high of $86. The current RSI for the S&P 500 ETF (SPY) is 32.1, suggesting that investors might consider this oversold condition of CASH as an opportunity to buy.
The Fibonacci pivot for CASH is at $72.45, with resistance levels at $74.72 and $76.12, and support levels at $70.18 and $68.78.
The stock closed at $75.31 on March 24, with a pre-market percentage change of +1.54% and a regular market percentage change of +1.56%. The post-market percentage change was -1.54%, indicating some volatility after hours.
Based on the oversold RSI and the proximity to the Fibonacci support levels, there is a potential for a short-term rebound. The stock is technically undervalued, and the broader market sentiment suggests a possible buy signal.
Prediction: The stock price of CASH is expected to reach $74 in the next trading week.
Recommendation: Buy
The price of CASH is predicted to go up -14.35%, based on the high correlation periods with AIG. The similarity of these two price pattern on the periods is 98.22%.
CASH
AIG
Piper Sandler
2024-12-23
Price Target
$82 → $94
Upside
+29.46%
Piper Sandler
2024-10-24
Price Target
$75 → $82
Upside
+16.89%