Stock Price Prediction

Based on the provided data and technical analysis, here is the price prediction for EHC for next week:

Technical Analysis

• Current RSI(14) at 57.04 indicates neutral momentum, not showing overbought or oversold conditions
• MACD at 1.26 shows positive momentum
• Price is currently trading around its 20-day SMA of $97.19 and 60-day SMA of $97.51, suggesting a consolidation phase
• Fibonacci levels indicate key resistance at $102.77 and support at $96.04

News Analysis

• Recent Q4 2024 earnings showed strong performance with 12.7% revenue growth and significant improvements in adjusted EBITDA, EPS and free cash flow
• Company continues expansion plans with 7 new hospitals and 1 satellite facility planned for 2025, particularly in Florida market
• Analysts maintain bullish sentiment with Leerink Partners setting $119 price target, implying ~21% upside
• Stock showed resilience amid broader market decline, gaining 1.53% in recent trading

Price Prediction for Next Week Based on technical indicators and positive fundamental backdrop:

• Base case (60% probability): $100-102 range
• Bullish case (25% probability): Break above $102.77 resistance toward $104.85
• Bearish case (15% probability): Pull back to support at $96.04

Recommendation: BUY

• Entry point: Current levels around $98-99
• Stop loss: Below $96 support
• Target: $102-104 range
• Catalysts: Continued execution on expansion plans and strong operational performance

The positive fundamental outlook, bullish analyst sentiment, and neutral-to-positive technical setup suggest upside potential with limited downside risk from current levels.