The price of SHEN is predicted to go up 4.62%, based on the high correlation periods with HTH. The similarity of these two price pattern on the periods is 95.86%.
SHEN
HTH
Up: 4.62%Similarity: 95.86%
SHEN Revenue Forecast
SHEN EPS Forecast
SHEN FAQs
What is bull’s view on SHEN?
SHEN stock is currently trading around $15, significantly below its 52-week high of $25.51, presenting a potential buying opportunity as it is in oversold territory with an RSI of 29.8. Analyst Hamed Khorsand from BWS Financial maintains a "Strong Buy" rating with a price target of $26, implying a 106% upside driven by strong fundamentals and valuation appeal. The stock's recovery potential is supported by its robust broadband services and strategic positioning in the Mid-Atlantic U.S. market.
What is bear's view on SHEN?
SHEN stock is currently trading near $15, close to its 52-week low of $11.87, indicating significant downside exhaustion. With an RSI of 29.8, the stock is in oversold territory, suggesting potential for a technical rebound. However, weak momentum and lack of immediate catalysts may keep bears cautious unless the price breaks below $11.87.
What is SHEN revenue forecast for next quarter?
The market consensus for SHEN's revenue in the upcoming quarter is projected to be approximately $91.404M USD.