DTM Price Prediction Next Week
Analysis and Insights
Technical Analysis:
DT Midstream (DTM) is currently trading at $87.84 as of 2025-03-10. The stock is showing signs of potential exhaustion in its recent downtrend, with an RSI of 29.24, indicating oversold conditions. The MACD is bearish at -3.12, but the histogram is showing early signs of a potential bullish divergence.
Fibonacci Levels:
The Fibonacci levels suggest a pivot point at $92.94, with resistance at $97.99 and support at $87.90. The stock is currently testing the lower end of this range, which could act as a potential buying opportunity.
News Sentiment and Analyst Ratings:
Recent news indicates that DTM has reported record financial results, with revenue of $248 million and a net profit of $88 million, showing slight growth compared to last year. Mizuho Securities has maintained a Hold rating, but the analyst consensus remains a Moderate Buy with a price target of $109.50.
Conclusion:
Based on the oversold RSI and the proximity to the lower Fibonacci support level, there is a high probability of a short-term rebound. The stock is expected to test the resistance level at $97.99 next week.
Predicted Stock Price for Next Trading Week: $97.99
Recommendation: Buy
DTM Similar Chart Price Prediction
The price of DTM is predicted to go up -0.25%, based on the high correlation periods with TSEM. The similarity of these two price pattern on the periods is 96.68%.
DTM
TSEM
Down: -0.25%Similarity: 96.68%
DTM Revenue Forecast
DTM EPS Forecast
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DTM Analyst's Forecast
Manav Gupta
UBS
Strong Buy
2025-03-12
Price Target
$102
Upside
+9.17%
UBS initiated coverage of DT Midstream with a Buy rating and $102 price target. DT Midstream's pure play natural gas midstream portfolio is very well-positioned to benefit from macro trend of growing demand driven by coal to gas switching, power needs for data centers and others, industrial demand for gas and LNG exports, the analyst tells investors in a research note. The company's Haynesville assets are also well-positioned to service growing demand from new and proposed LNG terminals on the Gulf Coast that could drive incremental demand of about 12Bcf/d, which would be a major tailwind for gathering segment, UBS says.
Theresa Chen
Barclays
Hold
2025-01-10
Price Target
$112
Upside
+8.22%
Selman Akyol
Stifel
Hold → Strong Buy
2024-12-19
Price Target
$89 → $106
Upside
+8.68%
