To predict the stock price of OKLO for the next trading week, we analyze both technical indicators and recent news sentiment.
OKLO's stock price is currently showing bearish momentum, with the RSI (6-day) at 23.81, indicating oversold conditions. The MACD is negative, suggesting continued downward pressure. The stock closed at $23.69 on 2025-03-10, with a significant drop of 9.82% during the regular market session.
The Fibonacci levels indicate a pivot point at $31.38, with resistance at $36.81 and support at $22.59. The stock is likely to test the lower support level next week.
Recent news indicates mixed sentiment. While analysts maintain a Buy rating with a price target of $44.67, insider activity shows increased selling, suggesting negative sentiment. The stock's high-beta nature makes it sensitive to market corrections, which could lead to further declines.
Based on the analysis, OKLO's stock price is expected to test the lower Fibonacci support level of $22.59 next week. Given the bearish technical indicators and mixed news sentiment, it is recommended to sell OKLO stock if it approaches resistance levels or wait for a clearer bullish signal before buying.
The price of OKLO is predicted to go up -3.17%, based on the high correlation periods with IVZ. The similarity of these two price pattern on the periods is 96.85%.
OKLO
IVZ
B. Riley Securities
2025-02-06
Price Target
$27 → $58
Upside
+4.88%
Wedbush
2025-01-24
Price Target
$26 → $45
Upside
+7.6%
Citigroup
2025-01-08
Price Target
$10 → $31
Upside
+18.68%