To predict the stock price of Timken Co. (TKR) for the next trading week, we analyze both technical indicators and recent news sentiment.
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:
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.
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.
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
B of A Securities
2025-02-04
Price Target
$73 → $78
Downside
-1.15%
Citigroup
2025-01-14
Price Target
$90 → $85
Upside
+11%
Citigroup
2024-12-09
Price Target
$85 → $90
Upside
+14.68%