OTTR Price Prediction Next Week
OTTR Stock Price Prediction and Recommendation
Based on the analysis of technical indicators and recent news, here is the prediction for OTTR's stock price in the next trading week:
Technical Analysis:
- Current Price: $80.82 (as of 2025-03-24)
- 52-Week Range: $71.66 - $100.841
- RSI (14): 57.55 (neutral)
- MACD: 0.70 (slight bullish signal)
- 200-Day Moving Average: $81.79 (OTTR is currently below this level)
Fibonacci Levels:
- Pivot Point: $82.57
- Support 1: $80.53
- Resistance 1: $84.61
News Impact:
- OTTR reported record annual earnings for 2024, with Q EPS of $1.30, slightly above consensus estimates.
- The company provided a positive FY25 EPS forecast of $5.68-$6.08.
Prediction:
- Price Range: $79.27 - $84.61
- Expected Price: $80.53 - $82.57
Recommendation:
- Sell OTTR at resistance levels (around $84.61) if the stock approaches this range.
- Buy OTTR at support levels (around $79.27) if it dips lower.
Conclusion:
OTTR is expected to trade between $79.27 and $84.61 in the next trading week. The stock may face resistance at the Fibonacci pivot point and 200-day moving average. Consider selling on strength if the stock approaches the upper end of the range.
OTTR Similar Chart Price Prediction
The price of OTTR is predicted to go up 3.76%, based on the high correlation periods with ESNT. The similarity of these two price pattern on the periods is 90.61%.
OTTR
ESNT
Up: 3.76%Similarity: 90.61%
