Energizer Holdings (ENR) has entered oversold territory with an RSI reading of 29.9, indicating potential buying opportunities. The stock price has fallen to $30.88, suggesting a possible rebound.
The Fibonacci levels suggest resistance at $31.37 and support at $27.82. The stock is currently near the lower end of this range, indicating a potential bounce.
Based on the oversold condition and positive analyst sentiment, ENR is expected to rebound. The stock price is predicted to reach $31.37 next week.
Recommendation: Buy ENR at the current price level of $30.47, targeting the resistance level of $31.37.
The price of ENR is predicted to go up 0%, based on the high correlation periods with SHOT. The similarity of these two price pattern on the periods is 96.24%.
ENR
SHOT
JP Morgan
2025-01-16
Price Target
$39 → $38
Upside
+7.68%
Canaccord Genuity
2024-11-20
Price Target
$32 → $36
Downside
-4.41%
Barclays
2024-11-20
Price Target
$34 → $36
Downside
-4.41%