ESGR Price Prediction Next Week
ESGR Stock Price Prediction and Recommendation
Based on the analysis of technical indicators and recent news, here is the prediction for ESGR's stock price for the next trading week:
Technical Analysis:
- Current Price: $331.52 (as of 2025-03-10)
- RSI (6-period): 54.29 (neutral)
- MACD: 1.08 (bullish signal)
- Fibonacci Levels:
- Pivot: 331.30
- Resistance 1: 333.53
- Resistance 2: 334.91
- Support 1: 329.07
- Support 2: 327.69
News Impact:
- Enstar completed a transaction with James River, providing additional adverse development cover and investing in common stock, which may positively impact financials.
Price Prediction:
- Target Price: $332.50
- Expected Range: $327.69 to $334.91
Recommendation:
- Action: Sell
- Rationale: The stock is near the lower end of the range, but approaching resistance levels, making it a good point to sell.
ESGR Similar Chart Price Prediction
The price of ESGR is predicted to go up 34.62%, based on the high correlation periods with AM. The similarity of these two price pattern on the periods is 98.48%.
ESGR
AM
Up: 34.62%Similarity: 98.48%
