Technical Analysis:
MAS is currently showing bearish signals with RSI-14 at 39.65 indicating a downward momentum. The stock is trading below all major moving averages (5-day: 76.69, 10-day: 77.13, 20-day: 78.15), suggesting a short-term downtrend.
Price Targets Based on Fibonacci Levels:
- Support levels: S1 at 75.13, S2 at 74.03
- Resistance levels: R1 at 78.71, R2 at 79.81
- Current price (74.83) is testing S1 support
News Sentiment Analysis:
- Recent Q4 results showed a 2.9% decline in net sales to $1.8 billion due to lower volumes
- Goldman Sachs recently raised price target to $96, showing institutional confidence
- Consensus among 19 analysts remains "Moderate Buy" with mean price target of $83.91
Price Prediction for Next Week:
Based on technical indicators and current market conditions:
- Bearish scenario (60% probability): Stock likely to test S2 support at 74.03
- Base case (30% probability): Consolidation between 74.83-75.13
- Bullish scenario (10% probability): Bounce to R1 at 78.71
Target Price: Expect MAS to decline to 74.03 next week
Recommendation: SELL
Rationale:
- Bearish technical indicators
- Trading below all major moving averages
- Low RSI suggesting continued downward momentum
- Recent negative sales performance
Technical Analysis:
MAS is currently showing bearish signals with RSI-14 at 39.65 indicating a downward momentum. The stock is trading below all major moving averages (5-day: 76.69, 10-day: 77.13, 20-day: 78.15), suggesting a short-term downtrend.
Price Targets Based on Fibonacci Levels:
- Support levels: S1 at 75.13, S2 at 74.03
- Resistance levels: R1 at 78.71, R2 at 79.81
- Current price (74.83) is testing S1 support
News Sentiment Analysis:
- Recent Q4 results showed a 2.9% decline in net sales to $1.8 billion due to lower volumes
- Goldman Sachs recently raised price target to $96, showing institutional confidence
- Consensus among 19 analysts remains "Moderate Buy" with mean price target of $83.91
Price Prediction for Next Week:
Based on technical indicators and current market conditions:
- Bearish scenario (60% probability): Stock likely to test S2 support at 74.03
- Base case (30% probability): Consolidation between 74.83-75.13
- Bullish scenario (10% probability): Bounce to R1 at 78.71
Target Price: Expect MAS to decline to 74.03 next week
Recommendation: SELL
Rationale:
- Bearish technical indicators
- Trading below all major moving averages
- Low RSI suggesting continued downward momentum
- Recent negative sales performance