Stock Price Prediction

Analysis and Insights

To predict the stock price of FB Financial Corporation (FBK) for the next trading week, we analyze both news sentiment and technical indicators.

News Sentiment Analysis:

1. Upgrade by Piper Sandler: FB Financial was upgraded to Overweight from Neutral by Piper Sandler, with a price target of $58. This upgrade reflects confidence in the stock's potential, indicating that the recent decline presents a buying opportunity.

2. Inclusion in DTD ETF: FBK is part of the WisdomTree Total U.S. Dividend Fund ETF (DTD), which has an implied analyst target price of $87.35, suggesting a 14.37% upside for FBK based on its current price.

3. Dividend Increase: FBK announced a 12% increase in its quarterly dividend, demonstrating strong financial health and commitment to shareholder returns.

Technical Analysis:

• Current Price: $45.96 (as of 2025-03-12).
• RSI (14): 32.93, indicating the stock is oversold and potentially due for a rebound.
• MACD: The MACD line is below the signal line, but the histogram shows signs of bottoming out.
• Fibonacci Levels:
  • Support Levels: $45.07 (S1), $43.47 (S2).
  • Resistance Levels: $50.24 (R1), $51.84 (R2).
• SMA Trends: The stock is below its 20 and 50-day moving averages, suggesting short-term weakness.

Price Prediction:

Based on the oversold RSI, potential MACD reversal, and positive news sentiment, FBK is likely to experience a short-term rebound. The stock is expected to rise to $48.50 by the end of the next trading week, as it approaches the first resistance level at $50.24.

Recommendation:

Buy FBK at its current price of $45.96, targeting a short-term price of $48.50. The combination of positive news and oversold technical indicators suggests a favorable risk-reward ratio for a short-term trade.