Stock Price Prediction

Technical Analysis:

• RSI (14) at 55.85 indicates neutral momentum
• MACD shows bullish trend with positive value at 3.53
• Price trading above all major SMAs (20,60,200) indicates long-term uptrend
• Bollinger Bands show price near middle band (138.23) with moderate volatility

Price Target Analysis Based on Fibonacci Levels:

• Key resistance: $143.58 (R1), $145.00 (R2)
• Key support: $138.98 (S1), $137.56 (S2)
• Pivot point at $141.28

News Sentiment Impact:

• Recent analyst updates are mixed but generally positive
• National Bank raised PT to C$220 from C$210
• RBC Capital maintained Hold rating with $155 PT
• Current consensus shows Moderate Buy rating

Price Prediction for Next Week: Based on technical indicators and recent price action:

• Bullish scenario (40% probability): Price breaks above $143.58, targeting $145
• Bearish scenario (30% probability): Price tests support at $138.98
• Base case (30% probability): Consolidation between $139-$142

Trading Recommendation: HOLD

• Current price showing consolidation pattern
• Wait for clearer directional momentum before new positions
• Key entry levels: Buy near $138.98 support or sell/short on break below
• Target: $143.58 (R1) for longs
• Stop loss: Below $137.56 (S2)