LFUS Price Prediction Next Week
Analysis and Insights
Technical Analysis:
Littelfuse Inc (LFUS) is showing signs of potential recovery after entering oversold territory with an RSI of 29.7. The stock is currently trading at $216.27, with a 20-day moving average of $219.74 and a 200-day moving average of $245.95. The Fibonacci pivot point is at $210.84, with resistance levels at $217.76 and $222.03.
Fibonacci Levels:
- Pivot Point: $210.84
- Resistance Levels: $217.76, $222.03
- Support Levels: $203.93, $199.66
Bollinger Bands:
- 20-Day Moving Average: $219.74
- Upper Band: $257.23
- Lower Band: $182.25
Insider Activity:
Anthony Grillo's recent purchase of 17,500 shares at $233.98 indicates bullish sentiment among insiders.
ETF Analysis:
The First Trust Industrials/Producer Durables AlphaDEX Fund ETF (FXR) holds LFUS as a key component, with analysts expecting a 28.88% upside to $287.50.
Conclusion:
Based on the technical indicators and insider activity, LFUS is expected to test the resistance levels. The stock is predicted to reach $220 in the next trading week. With the RSI recovering from oversold levels and positive insider sentiment, it is recommended to buy LFUS.
LFUS Similar Chart Price Prediction
The price of LFUS is predicted to go up -8.59%, based on the high correlation periods with SKE. The similarity of these two price pattern on the periods is 98.59%.
LFUS
SKE
Down: -8.59%Similarity: 98.59%
LFUS Revenue Forecast
LFUS EPS Forecast
LFUS FAQs
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LFUS VS S&P500
Secular trends toward renewable energy and electric vehicles should boost demand for Littelfuse's products.
Littelfuse has a foot in the door of the emerging silicon carbide semiconductor market, which could fuel future rapid growth for the firm.
Littelfuse's sticky customer relationships have helped it earn excess returns on invested capital even in the face of cyclical downturns like in 2019 and 2020.
LFUS Analyst's Forecast
Luke Junk
Baird
Buy
2025-01-30
Price Target
$300 → $290
Upside
+19.26%
Baird lowered the firm's price target on Littelfuse to $290 from $300 and keeps an Outperform rating on the shares. The firm said Q4 reseults were driven by better order trends giving the shares a boost.
