NNI Price Prediction Next Week
Analysis and Insights
News Impact Analysis:
Recent news indicates President Trump's plan to close the Department of Education, which could impact student loan management companies like Nelnet (NNI). The Department of Education oversees over $1.6 trillion in student loans, and any changes could affect NNI's operations and profitability.
Technical Analysis:
- Current Price: 113.35
- RSI (14): 42.58 (Neutral)
- MACD: Slightly positive, indicating weak upward momentum
- Fibonacci Levels:
- Resistance: 117.06
- Support: 112.21
Price Prediction and Recommendation:
Based on the current technical indicators and the potential impact of the Department of Education's restructuring, NNI is expected to consolidate or slightly decline. The predicted price for the next trading week is 112.50.
Recommendation: Sell
NNI Similar Chart Price Prediction
The price of NNI is predicted to go up -4.15%, based on the high correlation periods with REE. The similarity of these two price pattern on the periods is 95.98%.
NNI
REE
Down: -4.15%Similarity: 95.98%
