NNI Price Prediction Next Week
Technical Analysis
Based on recent price action and technical indicators for Nordson (NDSN), the stock shows a bearish trend in the short term. The stock has dropped 22.1% over the past year while the S&P 500 gained 17.5%. Key technical observations:
- Current price around $210.94 shows weakness below both 50-day and 200-day moving averages
- RSI indicates oversold conditions, suggesting potential for a technical bounce
- Volume has been declining during recent consolidation phase
Fundamental Factors
- Q1 2025 earnings missed estimates with EPS of $2.06 vs $2.08 expected
- Revenue of $615.4M fell short of $636.3M consensus
- Management noted weaker sales across multiple end markets
- $85M backlog increase and accelerating order entry provide some positive signals
Price Target Analysis Based on technical and fundamental factors, NDSN is likely to trade in the following range next week:
- Support: $205-208
- Resistance: $215-218
- Most probable price: $212
Recommendation: HOLD The stock appears oversold but lacks clear bullish catalysts in the immediate term. While long-term fundamentals remain solid with analysts maintaining "Moderate Buy" ratings, current technical weakness suggests avoiding new positions until price action improves.
The consensus price target of $252.50 represents a 19.7% upside from current levels, but this appears to be a longer-term target rather than next week's trading range.
NNI Similar Chart Price Prediction
The price of NNI is predicted to go up -4.7%, based on the high correlation periods with ANAB. The similarity of these two price pattern on the periods is 95.88%.
NNI
ANAB
Down: -4.7%Similarity: 95.88%
