NSC Price Prediction Next Week
Based on the provided data and current market conditions, here's the analysis for NSC's price movement in the next trading week:
Technical Analysis
The technical indicators show NSC is currently in a neutral-bearish territory with RSI at 63.54, suggesting the stock is approaching overbought conditions but not yet overextended . The stock is trading around its 20-day SMA of $240.93, slightly above its 200-day SMA of $240.31, indicating a potential consolidation phase.
Fibonacci Analysis
- Resistance levels: R1: $254.99, R2: $260.83, R3: $270.30
- Support levels: S1: $236.06, S2: $230.22, S3: $220.76
- Pivot point: $245.53
News Sentiment Analysis
Recent significant news that could impact NSC's price:
Norfolk Southern will report earnings this week along with other major companies. This earnings report will be crucial for short-term price movement.
The company has shown improving operational efficiency with a trailing operating margin of 37.36%, demonstrating strong cost management.
The broader market sentiment remains cautious with recent weak Chinese PMI data and upcoming Federal Reserve meeting.
Price Prediction for Next Week
Based on technical and fundamental factors:
- Immediate resistance: $254.99 (Fibonacci R1)
- Key support: $236.06 (Fibonacci S1)
- Target price range: $238-$248
Trading Recommendation SELL with the following rationale:
- RSI approaching overbought territory
- Upcoming earnings volatility risk
- Broader market uncertainty due to Fed meeting
- Technical resistance levels nearby
Suggested entry point: Current market price (~$245) Stop loss: $254.99 (R1 level) Target: $236.06 (S1 level)
NSC Similar Chart Price Prediction
The price of NSC is predicted to go up 7.39%, based on the high correlation periods with THO. The similarity of these two price pattern on the periods is 96.48%.
NSC
THO
Up: 7.39%Similarity: 96.48%
NSC Revenue Forecast
NSC EPS Forecast
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NSC VS S&P500
Pressure from an activist investor has prompted management to reinvigorate its precision scheduled railroading focus and commit to reducing the profitability gap relative to peers.
With help from PSR, Norfolk Southern's adjusted OR improved to 60.1% by 2021, from 68% in 2017. Despite setbacks in 2022 and 2023, we expect Norfolk to rekindle OR gains in the years ahead.
We expect overall intermodal volumes to flip positive this year as retail sector restocking activity improves and truckload competition abates.
NSC Analyst's Forecast
Bascome Majors
Susquehanna
Hold
Price Target
$285 → $265
Upside
+11.86%
Susquehanna analyst Bascome Majors lowered the firm's price target on Norfolk Southern to $265 from $285 and keeps a Neutral rating on the shares. The firm said Rails enter 2025 like they ended 2024, with intermodal leading volume growth for most, sluggish demand in higher-value industrial business and coal, negative mix from outsized intermodal growth and lower diesel prices dragging down RPU, and sell-side consensus reflecting modest margin optimism versus. typical margin seasonality nearer-term.
Christian Wetherbee
Wells Fargo
Buy
Price Target
$320 → $300
Upside
+26.18%
Brandon Oglenski
Barclays
Buy
Price Target
$290 → $305
Upside
+13.27%