Stock Price Prediction

Technical Analysis: TPG's stock has shown significant weakness recently, with RSI-14 at 27.31 indicating oversold conditions. The stock is trading below all major moving averages (5,10,20,60-day SMAs), suggesting a strong downtrend.

Price Movement Analysis:

• Current price: $56.58
• Stock has declined -3.20% in the last regular trading session
• Trading below the Bollinger Band middle line ($63.07), with BBP at 0.19 indicating bearish momentum

News & Analyst Sentiment:

• Evercore ISI maintained a Hold rating with a price target of $66.00
• TPG reported strong Q4 and full year 2024 results, with CEO highlighting substantial progress in fundraising and deployment
• Consensus rating remains Moderate Buy with average price target of $73.88, suggesting 23.2% upside potential

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

• Resistance levels: R1 $63.49, R2 $65.60
• Support levels: S1 $56.66, S2 $54.55
• MACD showing negative momentum with -2.04 reading

Target Price Range for Next Week:

• Bearish scenario (60% probability): $54.55-$56.66
• Neutral scenario (30% probability): $56.66-$60.07
• Bullish scenario (10% probability): $60.07-$63.49

Recommendation: SELL

• Current technical indicators suggest continued downward pressure
• Wait for price stabilization and RSI recovery before considering new positions
• Key entry point for buyers would be near S2 level at $54.55