Shift4 Payments (FOUR) is currently trading at $90.25 as of March 10, 2025. The stock is showing signs of being oversold, with an RSI of 23.25, indicating potential for a short-term rebound. However, the MACD remains negative, suggesting bearish momentum.
The Fibonacci levels suggest a pivot point at $94.04, with resistance levels at $99.41 and $102.73, and support levels at $88.67 and $85.36.
Recent news indicates that Barclays has lowered its price target for FOUR from $120 to $117 while maintaining an Overweight rating. Additionally, Jim Cramer has acknowledged Shift4 as a remarkable company but noted the crowded payment space.
Based on the technical indicators and news sentiment, FOUR is likely to face resistance at higher levels despite the oversold condition. The stock may see a short-term rebound but is expected to struggle with bearish momentum.
Prediction: FOUR is expected to trade around $92.50 next week.
Recommendation: Sell or avoid buying FOUR due to bearish technicals and cautious analyst sentiment.
The price of FOUR is predicted to go up -11.75%, based on the high correlation periods with FOSL. The similarity of these two price pattern on the periods is 98.75%.
FOUR
FOSL
DA Davidson
2025-02-24
Price Target
$140 → $124
Upside
+27.85%
Barclays
2025-02-24
Price Target
$120 → $117
Upside
+20.63%
Keefe, Bruyette & Woods
2025-02-20
Price Target
$112 → $125
Upside
+31.59%