Stock Price Prediction

Technical Analysis: JXN is currently showing bearish signals with RSI-14 at 31.80, indicating oversold conditions. The stock has broken below its 200-day SMA of $86.89, suggesting a potential trend reversal.

Price Levels Analysis:

• Current Price: $81.48
• Key Fibonacci Levels:
  • Resistance R1: $96.77
  • Support S1: $83.89
  • Support S2: $79.91

News Sentiment: Recent news indicates mixed sentiment:

• JXN shares crossed below 200-day moving average
• Validea's Contrarian Investor model upgraded JXN rating to 83%, showing improving fundamentals
• Analysts set average target price of $102.00, indicating 19.45% upside potential

Next Week Price Prediction: Based on technical indicators and news sentiment:

• Bearish Scenario (60% probability): Stock may test S1 support at $83.89, with potential further decline to S2 at $79.91
• Neutral Scenario (30% probability): Price consolidation between $81-84
• Bullish Scenario (10% probability): Bounce from oversold conditions toward $86-87

Trading Recommendation: SELL

• Entry: Current price $81.48
• Target: $79.91 (S2 support)
• Stop Loss: $83.89 (S1 resistance)

Rationale:

• Bearish momentum confirmed by RSI and moving average crossover
• Volume increase on downward movement
• Breaking below 200-day SMA indicates strong bearish sentiment
• Bollinger Band analysis shows price at lower band with continued downward pressure