LYB Price Prediction Next Week
Technical Analysis: LYB's current price at $77.40 shows a bearish trend, trading below both SMA-200 ($87.37) and SMA-250 ($89.22). RSI-14 at 50.77 indicates neutral momentum, while Stochastic K (70.60) and D (73.02) suggest slight overbought conditions.
Price Targets for Next Week: Based on Fibonacci levels:
- Resistance levels: R1: $78.10, R2: $78.85, R3: $80.07
- Support levels: S1: $75.66, S2: $74.91, S3: $73.70
- Pivot: $76.88
News Impact:
- Recent Q4 2024 earnings showed disappointing results with a net loss of $603 million
- Multiple analysts have lowered price targets:
- Piper Sandler: Reduced to $84 from $95
- BMO Capital: Lowered to $82 from $87
- Wells Fargo: Cut to $90 from $95
Price Prediction & Recommendation: Given the technical indicators and recent negative analyst sentiment, LYB is likely to test support levels next week. Target price range: $75.66-$76.88.
Recommendation: SELL
- Entry: Current price ($77.40)
- Target: $75.66 (S1 level)
- Stop-loss: $78.85 (R2 level)
The stock shows weakness due to poor earnings and multiple analyst downgrades, suggesting continued downward pressure in the short term.
LYB Similar Chart Price Prediction
The price of LYB is predicted to go up 2.63%, based on the high correlation periods with AMSF. The similarity of these two price pattern on the periods is 91.39%.
LYB
AMSF
Up: 2.63%Similarity: 91.39%
LYB Revenue Forecast
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LYB VS S&P500
LyondellBasell benefits from its cost-advantaged North American operations that use low-cost natural gas-based feedstock.
By licensing its chemical and polyolefin process technologies, LyondellBasell can secure asset-light revenue streams that often lead to long-term supply agreements.
LyondellBasell maintains exposure to a wide variety of industrial and consumer end markets, somewhat mitigating the risk of a potential industry-specific downturn.
LYB Analyst's Forecast
Charles Neivert
Piper Sandler
Hold
2025-02-13
Price Target
$95 → $84
Upside
+10.18%
Piper Sandler analyst Charles Neivert lowered the firm's price target on LyondellBasell to $84 from $95 and keeps a Neutral rating on the shares. The firm is updating its LyondellBasell model to reflect the release of Q4 and full year 2024 earnings, 2025 guidance and its recent channel checks in the U.S., EU and Asia. As a result of the new data, Piper has reduced its earnings outlook for both 2025 and 2026.
Charles Neivert
Piper Sandler
Buy → Hold
2025-01-07
Price Target
$112 → $95
Upside
+28.55%
Arun Viswanathan
RBC Capital
Buy
2024-12-19
Price Target
$104 → $92
Upside
+26.08%
