WTFC Stock Price Prediction and Recommendation
Technical Analysis:
WTFC's stock is currently trading at 110.97 as of 2025-03-17. Based on the technical indicators:
- RSI (14-period): 32.92, indicating oversold conditions.
- MACD: -5.34, showing bearish momentum.
- Fibonacci Pivot: 114.98, with resistance levels at 122.40 and 126.98, and support at 107.56 and 102.97.
News Impact:
- Event Announcement: WTFC presented at the Raymond James conference on March 3, 2025, which could positively impact investor sentiment.
- Dividend: The stock went ex-dividend on February 6, 2025, with a $0.50 dividend, causing a slight price drop.
Prediction and Recommendation:
Given the oversold RSI and proximity to Fibonacci support, WTFC is expected to rebound slightly. The predicted price for the next trading week is $115.00.
Recommendation: Buy at current levels, targeting the Fibonacci pivot and resistance levels for a short-term gain.
WTFC Stock Price Prediction and Recommendation
Technical Analysis:
WTFC's stock is currently trading at 110.97 as of 2025-03-17. Based on the technical indicators:
- RSI (14-period): 32.92, indicating oversold conditions.
- MACD: -5.34, showing bearish momentum.
- Fibonacci Pivot: 114.98, with resistance levels at 122.40 and 126.98, and support at 107.56 and 102.97.
News Impact:
- Event Announcement: WTFC presented at the Raymond James conference on March 3, 2025, which could positively impact investor sentiment.
- Dividend: The stock went ex-dividend on February 6, 2025, with a $0.50 dividend, causing a slight price drop.
Prediction and Recommendation:
Given the oversold RSI and proximity to Fibonacci support, WTFC is expected to rebound slightly. The predicted price for the next trading week is $115.00.
Recommendation: Buy at current levels, targeting the Fibonacci pivot and resistance levels for a short-term gain.