MRX Price Prediction Next Week
Analysis and Insights
Based on the analysis of technical indicators and recent news sentiment, here is the prediction for MRX stock:
Technical Analysis:
- RSI (14): 41.67 (Neutral)
- MACD: -0.82 (Bearish Signal)
- SMA (20): $35.63 (Current Price: $34.06)
- Bollinger Bands: Price is near the lower band, indicating potential support.
News Sentiment:
- Zacks Rank #1: Positive sentiment with increasing earnings estimates.
- Tariff Impact: Potential indirect effects on U.S. agriculture, but MRX's direct exposure is unclear.
Fibonacci Levels:
- Pivot: $34.14
- Resistance: $37.05, $38.85
- Support: $31.23, $29.43
Price Prediction:
The stock is expected to trade between $34.00 and $36.00 next week, with a potential bounce from the lower Bollinger Band.
Recommendation:
Buy MRX at the current price level of $34.08, targeting a move towards $36.00 with a stop-loss at $33.50.
MRX Similar Chart Price Prediction
The price of MRX is predicted to go up 0%, based on the high correlation periods with DTST. The similarity of these two price pattern on the periods is 94.17%.
MRX
DTST
Up: 0%Similarity: 94.17%
MRX Revenue Forecast
MRX EPS Forecast
MRX FAQs
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MRX Analyst's Forecast
Benjamin Budish
Barclays
Buy
2025-03-07
Price Target
$39 → $43
Upside
+18.2%
Barclays analyst Benjamin Budish raised the firm's price target on Marex Group to $43 from $39 and keeps an Overweight rating on the shares following the Q4 report. The company reported an earnings beat, driven by higher revenues across all businesses, the analyst tells investors in a research note.
Benjamin Budish
Barclays
Buy
2025-01-13
Price Target
$35 → $39
Upside
+24.48%
Patrick Moley
Piper Sandler
Buy
2025-01-07
Price Target
$32 → $40
Upside
+23.8%
