Stock Price Prediction

WETH stock is currently trading at $2.5250, down 20% due to market reaction to its $15 million stock buyback announcement. Bulls might view this as a potential recovery opportunity, with support near $1.45 and resistance at $1.75 based on Fibonacci levels. However, RSI at 38.61 suggests bearish momentum persists, requiring caution.

WETH stock closed at $1.44 on January 31, 2025, down 8.28% during regular trading, with a slight recovery to $1.46 in after-hours trading. The bearish view stems from its sharp 20% drop earlier, likely due to weak market sentiment despite the announced $15 million stock buyback program. Current price trends suggest limited recovery momentum, with resistance near $1.59 and support around $1.41.