Based on the technical analysis and news sentiment data, here is the prediction for IQV's stock price next week:
Technical Analysis
- Current price: $204.33
- RSI(14) at 55.11 indicates neutral momentum
- MACD is slightly positive at 0.77, suggesting mild bullish momentum
- Key resistance levels: $206.43, $209.65, $214.87
- Key support levels: $195.99, $192.77, $187.55
News Sentiment Analysis
- Upcoming Q4 2024 earnings announcement on February 12, 2025 with expected EPS of $2.87, up 8.3% YoY
- Stock has underperformed S&P 500 over past year, down 6.4%
- Analysts maintain "Strong Buy" rating with average price target of $248.96, indicating 26.1% upside potential
- Company rated highly (77%) using P/B Growth Investor model, suggesting strong growth potential
Price Prediction for Next Week
Expected trading range: $199.13 - $209.53
Most likely scenario:
- Monday-Tuesday: Test resistance at $206.43
- Mid-week: Consolidation around $204-205 level
- End of week: Likely to find support around $202.50
Target price by end of next week: $207.50
Trading Recommendation: SELL
Rationale:
- Technical indicators show weakening momentum
- Stock is closer to resistance than support levels
- Historical volatility suggests limited upside in short-term
- Better to wait for pullback closer to support levels before entering long positions
Based on the technical analysis and news sentiment data, here is the prediction for IQV's stock price next week:
Technical Analysis
- Current price: $204.33
- RSI(14) at 55.11 indicates neutral momentum
- MACD is slightly positive at 0.77, suggesting mild bullish momentum
- Key resistance levels: $206.43, $209.65, $214.87
- Key support levels: $195.99, $192.77, $187.55
News Sentiment Analysis
- Upcoming Q4 2024 earnings announcement on February 12, 2025 with expected EPS of $2.87, up 8.3% YoY
- Stock has underperformed S&P 500 over past year, down 6.4%
- Analysts maintain "Strong Buy" rating with average price target of $248.96, indicating 26.1% upside potential
- Company rated highly (77%) using P/B Growth Investor model, suggesting strong growth potential
Price Prediction for Next Week
Expected trading range: $199.13 - $209.53
Most likely scenario:
- Monday-Tuesday: Test resistance at $206.43
- Mid-week: Consolidation around $204-205 level
- End of week: Likely to find support around $202.50
Target price by end of next week: $207.50
Trading Recommendation: SELL
Rationale:
- Technical indicators show weakening momentum
- Stock is closer to resistance than support levels
- Historical volatility suggests limited upside in short-term
- Better to wait for pullback closer to support levels before entering long positions