Stock Price Prediction

Technical Analysis: Based on the latest data, FRSH is showing bearish signals in the short term:

• RSI-14 at 46.68 indicates neutral momentum but trending downward
• MACD shows bearish divergence with MACD (0.11) crossing below signal line (0.27)
• Stock is trading below all major moving averages (SMA 5: 17.55, SMA 20: 18.17)
• Bollinger Bands show price near lower band (16.27), suggesting oversold conditions

News Analysis:

• Positive catalyst: Freshworks has been added to Zacks Rank #1 (Strong Buy) list due to 6% increase in earnings estimates over the past 60 days
• Scotiabank raised price target to $19 from $17, citing Freddy AI's strong performance and expected monetization progress in 2025
• Recent insider selling: Director sold 780 shares at approximately $14,546, indicating some bearish sentiment from insiders

Price Prediction for Next Week: Based on Fibonacci levels and technical indicators:

• Resistance levels: R1: $18.52, R2: $19.00
• Support levels: S1: $16.95, S2: $16.47
• Pivot point: $17.74

Expected price range: $16.95 - $18.52

Recommendation: SELL

• Current price ($17.33) shows weakness in momentum indicators
• Trading below key moving averages suggests continued downward pressure
• Despite positive analyst sentiment, technical signals indicate short-term bearish trend
• Target exit price: $16.95 (S1 level)
• Stop loss: $18.52 (R1 level)