WTM Price Prediction Next Week
Analysis and Insights
To predict the stock price of WTM for the next trading week, we analyze both technical indicators and recent news sentiment.
Technical Analysis:
WTM's stock price is currently at $1929.63 as of 2025-03-10. Key technical indicators include:
- RSI (6, 12, 14): 65.06, 55.13, 53.81 respectively, indicating the stock is not overbought.
- Stochastic Oscillator (K, D): 68.62, 56.91, suggesting a bullish crossover signal.
- MACD: -9.38 (bearish), but the MACD histogram is positive at 4.59, indicating potential bullish momentum.
- Fibonacci Levels: Pivot at 1848.15, with resistance levels at 1881.93 and 1902.79, and support levels at 1814.37 and 1793.50.
News Sentiment:
Recent news indicates WTM has crossed below its 200-day moving average, a bearish signal. However, the stock has shown resilience with a +2.10% gain in the regular market session.
Price Prediction:
Based on the analysis, WTM is expected to test the first resistance level at $1881.93 next week. If the stock breaks above this level, it could move toward the second resistance at $1902.79. However, if it fails to hold above the pivot level of $1848.15, it may decline to $1814.37.
Recommendation:
Given the bullish RSI and Stochastic signals, along with the potential for a MACD crossover, the stock is expected to move upward. Buy WTM with a target price of $1881.93.
WTM Similar Chart Price Prediction
The price of WTM is predicted to go up -23.25%, based on the high correlation periods with MASS. The similarity of these two price pattern on the periods is 93.79%.
WTM
MASS
Down: -23.25%Similarity: 93.79%
