Stock Price Prediction

Based on the provided data and technical analysis, here's the prediction for Thomson Reuters (TRI) for the next trading week:

Technical Analysis

• Current RSI (14) at 54.47 indicates a neutral momentum, suggesting the stock is neither overbought nor oversold
• MACD at -0.43 shows slightly bearish momentum in the short term
• Price is currently below both SMA-20 (160.41) and SMA-200 (164.76), indicating some bearish pressure

News Impact Analysis

• Wells Fargo maintained a Hold rating with a price target of $165.00
• National Bank Financial upgraded TRI from Underperform to Outperform
• The analyst consensus is a Moderate Buy with an average price target of $183.37
• Recent insider activity shows negative sentiment with increased selling

Price Prediction for Next Week Based on technical indicators and news sentiment:

• Support levels: $153.52 (Fibonacci S1)
• Resistance levels: $164.23 (Fibonacci R1)

Expected price movement:

• Base case (60% probability): Range-bound trading between $161-165
• Bullish case (25% probability): Break above $165, targeting $167.54 (Fibonacci R2)
• Bearish case (15% probability): Drop towards $158.88 (Fibonacci pivot)

Trading Recommendation HOLD position for next week. The mixed signals from technical indicators and analyst ratings suggest a cautious approach. While the recent upgrade from National Bank Financial is positive, the increased insider selling and bearish MACD signal warrant careful monitoring before initiating new positions.

Target entry points:

• Buy zone: $158-160 (near Fibonacci pivot)
• Sell zone: $164-165 (near Fibonacci R1)