COLM Price Prediction Next Week
Analysis and Insights
Technical Analysis:
Columbia Sportswear Co. (COLM) has shown mixed technical signals. The stock recently crossed above its average analyst target price of $81.00, trading at $82.59. The RSI_6 is at 24.05, indicating oversold conditions, while the MACD is bearish at -2.39. The Stochastic Oscillator is also low at 9.32, suggesting potential reversal.
News Sentiment and Fundamental Analysis:
The company has adapted to tariff challenges by modifying products, which is positive. Jim Cramer highlighted COLM's innovation, leading to a 10% stock increase since his commentary. However, crossing the analyst target price may trigger selling.
Conclusion:
Given the mixed signals and recent price surge, COLM may face selling pressure. The stock is expected to dip to $78.50 next week.
Recommendation: Sell COLM at $78.50.
COLM Similar Chart Price Prediction
The price of COLM is predicted to go up 1.63%, based on the high correlation periods with ZTS. The similarity of these two price pattern on the periods is 98.39%.
COLM
ZTS
Up: 1.63%Similarity: 98.39%
COLM Revenue Forecast
COLM EPS Forecast
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COLM Analyst's Forecast
John Kernan
TD Cowen
Hold
2024-11-26
Price Target
$70 → $84
Downside
-3.5%
TD Cowen raised the firm's price target on Columbia Sportswear to $84 from $70 and keeps a Hold rating on the shares. The firm raised its target on improved confidence in 2025 and beyond.
