WSO.B Price Prediction Next Week
Analysis and Insights
To predict the stock price of WSO.B for the next trading week, we analyze both technical indicators and recent news sentiment.
Technical Analysis:
The current price of WSO.B is 507.1, with key technical indicators suggesting mixed signals:
- RSI (14): 59.21, indicating the stock is in a neutral zone, not overbought or oversold.
- MACD: 4.18, showing bullish momentum.
- Bollinger Bands: The stock is trading above the 20-day moving average and near the upper band (516.39), suggesting potential overbought conditions.
News Sentiment and Fundamental Analysis:
- WSO.B is part of the SCHD ETF, which has a Moderate Buy consensus from analysts. However, WSO.B is identified as one of the holdings with the greatest downside risk.
- Recent analysis shows WSO.B has a high rating from Validea's Multi-Factor Investor model, focusing on low volatility stocks.
Price Prediction:
Based on the Fibonacci retracement levels and technical indicators, the stock is likely to test the S1 support level at 502.71. Considering the mixed signals, the price is expected to drop to 501.47 next week.
Recommendation:
Sell WSO.B as the stock is expected to decline due to potential overbought conditions and downside risks in its ETF holdings.
WSO.B Similar Chart Price Prediction
The price of WSO.B is predicted to go up -8.26%, based on the high correlation periods with DVAX. The similarity of these two price pattern on the periods is 96.92%.
WSO.B
DVAX
Down: -8.26%Similarity: 96.92%
