STN Price Prediction Next Week
STN Stock Price Prediction and Recommendation
News and Fundamental Analysis:
- Analyst Ratings: STN has a Strong Buy consensus with an average price target of $97.97, indicating a potential upside. CIBC maintains a Buy rating with a target of $139, and Raymond James upgraded STN to Buy with a $140 target.
- Financial Performance: STN reported revenue of $1.93 billion and a net profit of $103.2 million, showing growth. The company also raised its dividend by 7.1% to CAD 0.225 per share.
- Insider Activity: Positive sentiment with increased insider buying.
Technical Analysis:
- Price Action: STN is trading at $81.9, near the Fibonacci pivot of $83.19. Resistance levels are at $88.65 and $92.02, with support at $77.72 and $74.35.
- Momentum Indicators: RSI is neutral (51-54), MACD is slightly bullish, and Stochastic Oscillator is near 49, indicating a potential bullish crossover.
Prediction and Recommendation:
- Price Target: $85.00 for the next trading week.
- Recommendation: Buy, as positive news and improving fundamentals may drive the stock higher, despite neutral technical indicators.
STN Similar Chart Price Prediction
The price of STN is predicted to go up -43.14%, based on the high correlation periods with KXIN. The similarity of these two price pattern on the periods is 96.15%.
STN
KXIN
Down: -43.14%Similarity: 96.15%
