DNB Price Prediction Next Week
Technical Analysis
DNB's stock has shown significant weakness, dropping from $10.48 on February 22 to the current price of $9.47, representing a -9.6% decline. The stock is trading below both its 5-day and 20-day moving averages, indicating a strong bearish trend.
News Impact
Recent significant developments affecting DNB:
- Q4 2024 earnings missed Street expectations on both top and bottom lines
- Needham analyst Kyle Peterson lowered price target from $17 to $14, though maintaining a Buy rating
- FY25 guidance came in below consensus with adjusted EPS guidance of $1.01-$1.07 vs consensus of $1.10
- Strategic review update expected in Q1 2025, with potential separation of finance/risk unit from sales/marketing
Price Forecast for Next Week
Based on technical indicators and recent news sentiment:
- Support levels: $9.13 (recent low)
- Resistance levels: $9.55 (recent high)
Price targets for next week:
- Bearish scenario (60% probability): $8.80-$9.10
- Neutral scenario (30% probability): $9.30-$9.50
- Bullish scenario (10% probability): $9.60-$9.80
Recommendation: SELL
Rationale:
- Negative technical momentum with price below key moving averages
- Disappointing earnings and guidance
- Ongoing strategic review creating uncertainty
- Multiple analyst downgrades impacting sentiment
Suggested entry for short positions: Current price ($9.47) Stop loss: $9.60 (above recent resistance) Initial target: $9.10
DNB Similar Chart Price Prediction
The price of DNB is predicted to go up -1.7%, based on the high correlation periods with MKTX. The similarity of these two price pattern on the periods is 96.58%.
DNB
MKTX
Down: -1.7%Similarity: 96.58%
