TKR Price Prediction Next Week
Analysis and Insights
To predict the stock price of Timken Co. (TKR) for the next trading week, we analyze both technical indicators and recent news sentiment.
Technical Analysis:
TKR's stock price has been under pressure, recently breaking below its 200-day moving average, a bearish signal. The stock is currently trading at $75.57 as of 2025-03-10.
Key technical indicators:
- RSI (14): 43.93 (neutral but close to oversold)
- MACD: -0.55 (bearish momentum)
- Stochastic Oscillator: 20.17 (oversold)
- Fibonacci Levels: Pivot at $77.77, support at $72.75, resistance at $80.88
News Sentiment and Fundamental Analysis:
TKR is part of the Avantis U.S. Large Cap Value ETF (AVLV), which has an implied target price of $78.49, suggesting a 20.82% upside for TKR. However, the strong U.S. dollar has raised concerns about currency headwinds, potentially impacting earnings and revenue.
Conclusion:
Based on the analysis, TKR is expected to test the lower support level of $72.75 next week. While there is potential for a bounce, the overall bearish trend and currency concerns suggest a cautious outlook.
Prediction: TKR stock price is expected to drop to $72.75 next week.
Recommendation: Sell or avoid TKR in the short term.
TKR Similar Chart Price Prediction
The price of TKR is predicted to go up -0.71%, based on the high correlation periods with SCM. The similarity of these two price pattern on the periods is 94.19%.
TKR
SCM
Down: -0.71%Similarity: 94.19%
TKR Revenue Forecast
TKR EPS Forecast
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TKR Analyst's Forecast
Michael Feniger
B of A Securities
Sell → Hold
2025-02-04
Price Target
$73 → $78
Downside
-1.15%
BofA analyst Michael Feniger upgraded Timken to Neutral from Underperform with a price target of $78, up from $73.
Kyle Menges
Citigroup
Strong Buy
2025-01-14
Price Target
$90 → $85
Upside
+11%
Kyle Menges
Citigroup
Hold → Strong Buy
2024-12-09
Price Target
$85 → $90
Upside
+14.68%
