Stock Price Prediction

Analysis and Insights

To predict the stock price of Centuri Holdings, Inc. (CTRI) for the next trading week, we analyze both technical indicators and recent news sentiment.

Technical Analysis:

CTRI's stock price closed at $17.14 on March 24, 2025, with a pre-market gain of 6.06% and a regular market increase of 8.28%. The stock is trading above its Fibonacci pivot point of $16.34, indicating bullish momentum.

• RSI: The Relative Strength Index (RSI) values are 59.81 (RSI_6), 49.36 (RSI_12), and 47.77 (RSI_14), suggesting the stock is not overbought and has potential for further upside.
• MACD: The MACD line is slightly negative (-0.80), but the MACD histogram shows a positive signal, indicating a bullish trend.
• Fibonacci Levels: The stock is trading above the pivot point ($16.34) and approaching the first resistance level ($17.12). The next resistance level is $17.60, which could be a target for the upcoming week.

News Sentiment and Fundamental Analysis:

• Carl Icahn's Stake Reduction: Icahn reduced his stake in CTRI, which might have caused initial concern but hasn't significantly impacted the stock price.
• Quarterly Financials: CTRI reported revenue of $720.05 million with a GAAP net loss of $3.65 million, showing improvement from last year's loss of $8.84 million.
• Analyst Ratings: KeyBanc maintained a Hold rating with a price target of $19.00, while the overall consensus is Moderate Sell.

Price Prediction and Recommendation:

Based on the technical indicators and improving financials, CTRI is expected to rise towards the Fibonacci resistance levels. The target price for the next trading week is $19.00. The bullish momentum and improving fundamentals suggest a BUY recommendation.

Prediction: The stock price of CTRI is expected to reach $19.00 in the next trading week. Buy CTRI with a target price of $19.00.