Based on the recent data and market analysis, here's the price prediction for WMS for the next trading week:
Technical Analysis
The stock shows a strong upward momentum with RSI at 60.48, indicating room for further growth while not being overbought. The stock is trading above its 20-day SMA of $122.69 but below its 200-day SMA of $148.33, suggesting a potential recovery trend.
Price Levels
Recent News Impact Loop Capital recently lowered their price target to $160 from $170 but maintained a Buy rating. The company reported better-than-expected quarterly results, with stable pricing and improved EBITDA margin visibility. Barclays maintains a Buy rating with a $149 price target.
Consensus View According to recent analyst ratings, WMS has a Strong Buy consensus with a $157.83 average price target, suggesting significant upside potential from current levels.
Price Prediction for Next Week Based on technical indicators and recent momentum:
Trading Recommendation: BUY Entry point: Current price ($126.99) Target: $132 (Fibonacci R2) Stop loss: $123.30 (recent low)
The stock shows strong fundamentals with positive analyst sentiment and improving business metrics, while technical indicators suggest continued upward momentum.
The price of WMS is predicted to go up 4.37%, based on the high correlation periods with BEAT. The similarity of these two price pattern on the periods is 97.3%.
WMS
BEAT
Barclays
2025-01-16
Price Target
$172 → $160
Upside
+29.07%
UBS
2025-01-08
Price Target
$155
Upside
+34.76%
Stephens & Co.
2024-11-13
Price Target
$135
Upside
+1.47%