Based on the provided data and technical analysis, here's the price prediction for REG for the next trading week:
Technical Analysis
- Current RSI (14) at 60.26 indicates a neutral-to-bullish momentum
- MACD at 0.15 shows a slightly positive trend
- Price is trading above both SMA-20 (71.73) and SMA-200 (67.78), indicating an overall bullish trend
Recent News Impact
- REG reported strong Q4 2024 results with FFO of $1.09 per share, beating consensus of $1.07
- Company provided positive FY2025 FFO guidance of $4.52-$4.58, above consensus of $4.49
- BMO Capital maintained a Buy rating with $82 price target on February 6, 2025
Fibonacci Levels for Next Week
- Resistance levels: R1: $74.27, R2: $75.29, R3: $76.92
- Support levels: S1: $71.01, S2: $69.99, S3: $68.36
- Pivot point: $72.64
Price Prediction
Based on technical indicators, Fibonacci levels, and positive earnings momentum:
- Expected trading range: $71.01 - $75.29
- Target price: $74.50
Trading Recommendation: BUY
- Entry point: Current price around $71.08
- First target: $74.27 (R1)
- Stop loss: $69.99 (S2)
Rationale:
- Strong earnings beat and positive guidance
- Bullish analyst sentiment with multiple Buy ratings
- Price trading above key moving averages
- RSI indicating room for upward movement without being overbought
Based on the provided data and technical analysis, here's the price prediction for REG for the next trading week:
Technical Analysis
- Current RSI (14) at 60.26 indicates a neutral-to-bullish momentum
- MACD at 0.15 shows a slightly positive trend
- Price is trading above both SMA-20 (71.73) and SMA-200 (67.78), indicating an overall bullish trend
Recent News Impact
- REG reported strong Q4 2024 results with FFO of $1.09 per share, beating consensus of $1.07
- Company provided positive FY2025 FFO guidance of $4.52-$4.58, above consensus of $4.49
- BMO Capital maintained a Buy rating with $82 price target on February 6, 2025
Fibonacci Levels for Next Week
- Resistance levels: R1: $74.27, R2: $75.29, R3: $76.92
- Support levels: S1: $71.01, S2: $69.99, S3: $68.36
- Pivot point: $72.64
Price Prediction
Based on technical indicators, Fibonacci levels, and positive earnings momentum:
- Expected trading range: $71.01 - $75.29
- Target price: $74.50
Trading Recommendation: BUY
- Entry point: Current price around $71.08
- First target: $74.27 (R1)
- Stop loss: $69.99 (S2)
Rationale:
- Strong earnings beat and positive guidance
- Bullish analyst sentiment with multiple Buy ratings
- Price trading above key moving averages
- RSI indicating room for upward movement without being overbought