Technical Analysis:
VOYA's stock shows mixed signals in recent trading sessions. The RSI-14 at 49.10 indicates neutral momentum, while the MACD (0.88) suggests a slight bullish trend. The stock is trading between its key moving averages, with SMA-5 at 74.15 and SMA-200 at 73.36.
Price Targets and Support/Resistance:
- Fibonacci levels indicate key resistance at 75.49 and support at 71.49
- Next resistance levels: R2 at 76.73, R3 at 78.73
- Support levels: S2 at 70.26, S3 at 68.26
Recent News Impact:
- Barclays downgraded VOYA to Equal Weight from Overweight with a $75 price target, citing weaker expected earnings power and heightened uncertainty around stop loss business
- Q4 2024 results showed strong performance with EPS of $1.40, exceeding analyst estimates of $1.27
- The company recently declared a quarterly dividend of $0.45 per share
Next Week Price Prediction:
Based on technical indicators and recent news:
- Bearish scenario (60% probability): Stock likely to test support at 71.49, potentially dropping to 70.26
- Neutral scenario (30% probability): Trading range between 72.00-74.00
- Bullish scenario (10% probability): Resistance break above 75.49
Trading Recommendation: SELL
- Entry point: Current price (~73.20)
- Target price: 71.00
- Stop loss: 75.50
- Time frame: 5 trading days
Rationale:
- Recent analyst downgrade and concerns about earnings power
- RSI showing weakening momentum
- Price trading below key resistance levels
- Stop loss business uncertainty creating downward pressure
Technical Analysis:
VOYA's stock shows mixed signals in recent trading sessions. The RSI-14 at 49.10 indicates neutral momentum, while the MACD (0.88) suggests a slight bullish trend. The stock is trading between its key moving averages, with SMA-5 at 74.15 and SMA-200 at 73.36.
Price Targets and Support/Resistance:
- Fibonacci levels indicate key resistance at 75.49 and support at 71.49
- Next resistance levels: R2 at 76.73, R3 at 78.73
- Support levels: S2 at 70.26, S3 at 68.26
Recent News Impact:
- Barclays downgraded VOYA to Equal Weight from Overweight with a $75 price target, citing weaker expected earnings power and heightened uncertainty around stop loss business
- Q4 2024 results showed strong performance with EPS of $1.40, exceeding analyst estimates of $1.27
- The company recently declared a quarterly dividend of $0.45 per share
Next Week Price Prediction:
Based on technical indicators and recent news:
- Bearish scenario (60% probability): Stock likely to test support at 71.49, potentially dropping to 70.26
- Neutral scenario (30% probability): Trading range between 72.00-74.00
- Bullish scenario (10% probability): Resistance break above 75.49
Trading Recommendation: SELL
- Entry point: Current price (~73.20)
- Target price: 71.00
- Stop loss: 75.50
- Time frame: 5 trading days
Rationale:
- Recent analyst downgrade and concerns about earnings power
- RSI showing weakening momentum
- Price trading below key resistance levels
- Stop loss business uncertainty creating downward pressure