The stock price of FI is currently showing bearish signals based on technical indicators. The Relative Strength Index (RSI) for FI is at 47.40 (RSI_6), 46.06 (RSI_12), and 46.48 (RSI_14), all below 50, indicating a bearish trend. The Stochastic Oscillator also shows bearish momentum, with StochK at 41.54 and StochD at 38.64. The MACD is negative at -1.68, and the MACD Histogram is also negative, further confirming the bearish sentiment.
The Fibonacci levels for FI indicate key resistance and support levels. The first resistance level (R1) is at 221.15, and the second resistance level (R2) is at 224.72. The first support level (S1) is at 209.58, and the second support level (S2) is at 206.01. The pivot point is at 215.37.
Fiserv recently announced the acquisition of CCV, a payment solutions provider in Europe, which is expected to enhance its Clover platform. However, the stock price has not shown a significant positive reaction to this news, closing at 218.09 on March 21, 2025. Additionally, Fiserv presented at the BofA Electronic Payments Symposium on March 18, 2025, which could have provided some positive sentiment, but the stock price has continued to decline.
Based on the technical indicators and news sentiment, the stock price of FI is expected to face resistance at 221.15 and may struggle to break above this level. The bearish RSI and MACD indicators suggest that the stock may dip towards the support level of 209.58. Therefore, the predicted stock price for FI in the next trading week is 212.50.
Given the bearish technical indicators and the lack of strong positive momentum from recent news, it is recommended to sell FI stock at this time. The stock is likely to test the lower support levels before showing any significant upward movement.
The price of FI is predicted to go up 7.43%, based on the high correlation periods with CMP. The similarity of these two price pattern on the periods is 96.79%.
FI
CMP
The bank technology business is very stable, characterized by high amounts of recurring revenue and long-term contracts.
The ongoing shift toward electronic payments has created and will continue to create room for acquirers to see solid growth without stealing share from each other.
First Data's growth had accelerated before the merger as it worked past its financial issues, and the business now has access to greater resources under Fiserv's roof.
Susquehanna
2025-02-10
Price Target
$230 → $270
Upside
+17.06%
Barclays
2025-02-10
Price Target
$235 → $265
Upside
+14.89%
Keefe, Bruyette & Woods
2025-02-06
Price Target
$238 → $260
Upside
+12.44%