Stock Price Prediction

Technical Analysis: TKO's stock shows bearish momentum in the short term, with RSI(6) at 27.42 indicating oversold conditions. The stock closed at $158.82 on February 21, 2025, down 3.05% in regular trading hours.

The stock is trading above all major moving averages (SMA 20: $163.77, SMA 60: $149.26), suggesting an overall bullish long-term trend despite recent pullback. The MACD line (5.23) remains positive but shows weakening momentum with negative histogram (-1.29).

News Impact:

• Recent insider buying activity shows strong confidence: CEO Ariel Emanuel purchased 60,269 shares worth $10.57 million
• WWE's reported policy change on marijuana removal from banned substances list aligns with broader industry trends and could positively impact talent relations
• Upcoming catalyst: TKO's participation in Morgan Stanley Technology Conference on March 3, 2025

Price Prediction for Next Week: Based on Fibonacci levels and technical indicators:

• Support levels: $160.90 (S1), $155.85 (S2)
• Resistance levels: $177.23 (R1), $182.28 (R2)

Expected price range: $155-165 Target price: $162

Recommendation: BUY

• Entry point: Current levels ($158-159)
• Strong insider buying activity
• Oversold conditions suggest potential bounce
• Multiple upcoming catalysts
• Set stop loss at $155 (S2 level)