Based on the provided data and current market context, here's the analysis for SPGI's price prediction for next week:
Technical Analysis
The stock closed at $513.75 on January 24, 2025, with RSI at 60.72, indicating a neutral momentum neither overbought nor oversold . The stock is trading above both its 20-day SMA ($499.27) and 60-day SMA ($502.26), suggesting a bullish short-term trend.
Fundamental Catalysts
Price Targets Based on Fibonacci levels:
Next Week's Price Projection Given the strong fundamentals and positive technical setup:
Trading Recommendation BUY with entry around current levels ($513-515):
The stock shows a favorable risk-reward setup for next week, supported by both technical and fundamental factors. The upcoming earnings catalyst in February could provide additional upside momentum.
The price of SPGI is predicted to go up 6.67%, based on the high correlation periods with LOPE. The similarity of these two price pattern on the periods is 92.93%.
SPGI
LOPE
Year
SPGI Price Forecast($)
Potential Return(%)
2025
580.000
16.100
2026
650.000
30.110
2027
750.000
50.130
2028
750.000
50.130
2029
750.000
51.760
2030
750.000
51.760
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