STT Price Prediction Next Week
Technical Analysis Based on the Fibonacci levels and technical indicators, STT shows mixed signals. The RSI(14) at 52.10 indicates neutral momentum, while MACD at 0.50 suggests a slight bullish trend. The stock is currently trading near its 20-day SMA of $98.74.
News Impact Recent news reveals significant scrutiny from Republican state attorneys general regarding STT's China investments disclosure. This regulatory pressure could create short-term volatility. However, the broader market sentiment indicates potential downside pressure, as evidenced by the negative forecast for Asian markets.
Price Prediction for Next Week Based on Fibonacci levels:
- Resistance levels: R1: $102.28, R2: $103.61, R3: $105.76
- Support levels: S1: $97.99, S2: $96.66, S3: $94.51
- Pivot: $100.13
Target Price Range:
- Bullish scenario (30% probability): $102.28-$103.61
- Bearish scenario (40% probability): $96.66-$97.99
- Neutral scenario (30% probability): $98.74-$100.13
Trading Recommendation: SELL
- Entry: Current price ($99.44)
- Target: $96.66
- Stop Loss: $102.28
Rationale:
- Regulatory headwinds from China investment scrutiny
- Negative broader market sentiment
- Price currently testing resistance near 20-day SMA
- Higher probability of bearish scenario based on technical setup and news sentiment
STT Similar Chart Price Prediction
The price of STT is predicted to go up -1.68%, based on the high correlation periods with Z. The similarity of these two price pattern on the periods is 90.71%.
STT
Z
Down: -1.68%Similarity: 90.71%
STT Revenue Forecast
STT EPS Forecast
STT FAQs
What is bull’s view on STT?
What is bear's view on STT?
What is STT revenue forecast for next quarter？
What is STT eps forecast for next quarter？
STT VS S&P500
With the acquisition of Charles River Development, State Street's front-to-back offerings offer competitive advantages and should lead to a greater wallet share of clients and stickier client relationships.
In comparison with a traditional bank, State Street has very modest exposure to credit risk.
A joint venture or sale of its asset-management business could unlock value for shareholders.
STT Analyst's Forecast
David Smith
Truist Securities
Hold
2025-01-21
Price Target
$106 → $104
Upside
+5.05%
Truist analyst David Smith lowered the firm's price target on State Street to $104 from $106 and keeps a Hold rating on the shares after its Q4 earnings beat. The company's quarter was somewhat better than sell-side consensus expected, but the 2025 outlook was somewhat disappointing in terms of both revenue and payout ratio, the analyst tells investors in a research note. Truist is also cutting State Street's FY25 EPS view by 15c to $9.55 and its FY26 view by 10c to $10.70.
Jason Goldberg
Barclays
Buy
2025-01-06
Price Target
$108 → $127
Upside
+29.03%
Connor Lynagh
Morgan Stanley
Buy
2025-01-03
Price Target
$139 → $132
Upside
+35.15%
