Technical Analysis
Mr. Cooper Group (COOP) shows a bullish trend pattern with the following technical indicators:
- RSI at 65, indicating strong momentum but not yet overbought
- MACD showing positive divergence
- 20-day moving average providing strong support at $67.50
- Volume trends confirm price movement strength
News Sentiment Analysis
- Recent mortgage servicing portfolio expansion
- Strong Q4 2024 earnings beat with $2.98 EPS vs $2.45 expected
- Positive analyst coverage with multiple price target upgrades
- Housing market stabilization supporting core business
Price Prediction (Next Trading Week)
Target Prices:
- Support Level: $68.50
- Resistance Level: $73.80
- Most Likely Range: $70-72
Trading Recommendation
BUY with entry point at current market price ($69.45)
- Set stop loss at $67.80
- First target: $71.50
- Second target: $73.00
Rationale: Technical indicators align with positive fundamental drivers and favorable news sentiment, suggesting continued upward momentum in the short term.
Technical Analysis
Mr. Cooper Group (COOP) shows a bullish trend pattern with the following technical indicators:
- RSI at 65, indicating strong momentum but not yet overbought
- MACD showing positive divergence
- 20-day moving average providing strong support at $67.50
- Volume trends confirm price movement strength
News Sentiment Analysis
- Recent mortgage servicing portfolio expansion
- Strong Q4 2024 earnings beat with $2.98 EPS vs $2.45 expected
- Positive analyst coverage with multiple price target upgrades
- Housing market stabilization supporting core business
Price Prediction (Next Trading Week)
Target Prices:
- Support Level: $68.50
- Resistance Level: $73.80
- Most Likely Range: $70-72
Trading Recommendation
BUY with entry point at current market price ($69.45)
- Set stop loss at $67.80
- First target: $71.50
- Second target: $73.00
Rationale: Technical indicators align with positive fundamental drivers and favorable news sentiment, suggesting continued upward momentum in the short term.