CHCO Price Prediction Next Week
Analysis and Insights
To predict the stock price of City Holding Company (CHCO) for the next trading week, we analyze both technical indicators and recent news sentiment.
Technical Analysis:
CHCO's stock has entered oversold territory with an RSI of 28.8, indicating potential exhaustion of recent selling pressure. The stock is trading at $119.88, between its 52-week low of $97.50 and high of $137.28. A bullish investor may view the low RSI as an opportunity to buy, contrasting with the S&P 500 ETF's higher RSI of 45.1.
News Sentiment and Recent Performance:
- Q4 Financial Performance: City Holding reported a Q4 GAAP EPS of $1.94 and revenue of $71.7 million.
- Market Insights: CHCO's stock has crossed below its 200-day moving average, indicating potential market trends.
- Recent Price Movement: The stock closed at $119.85 on March 24, 2025, with a pre-market percentage change of +1.17% and a regular market percentage change of +1.46%.
Fibonacci Levels:
The Fibonacci levels indicate support at $114.73 and resistance at $119.41. A breakdown below $114.73 could signal further selling pressure, while a breakout above $119.41 may indicate a trend reversal.
Conclusion:
Based on the oversold RSI and potential support at Fibonacci levels, CHCO may experience a short-term bounce. However, the overall bearish trend and double top formation suggest caution. The stock is expected to trade between $116.40 and $119.41 next week.
Prediction: The stock price of CHCO is expected to drop to $116.40 next week.
Recommendation: Sell CHCO as the bearish signals and double top formation indicate a potential decline.
CHCO Similar Chart Price Prediction
The price of CHCO is predicted to go up -5.07%, based on the high correlation periods with NVDA. The similarity of these two price pattern on the periods is 91.34%.
CHCO
NVDA
Down: -5.07%Similarity: 91.34%
CHCO Revenue Forecast
CHCO EPS Forecast
CHCO FAQs
What is CHCO revenue forecast for next quarter？
What is CHCO eps forecast for next quarter？
CHCO Analyst's Forecast
Andrew Liesch
Piper Sandler
Hold
2025-01-24
Price Target
$135 → $125
Upside
+7.91%
Piper Sandler analyst Andrew Liesch lowered the firm's price target on City Holding to $125 from $135 and keeps a Neutral rating on the shares. The firm notes City reported Q4 EPS of $1.94, but excluding securities losses, Piper puts the core number at $2.11. This topped its estimate by 15c and the Street consensus by Following the quarter, the firm trimmed its margin forecast, reduced its provision and charge-off assumptions, and removed near-term share repurchase activity.
Andrew Liesch
Piper Sandler
Hold
2024-11-08
Price Target
$135
Upside
+3.23%
