Analysis and Insights
To predict the stock price of Woodward (WWD) for the next trading week, we analyze both news sentiment and technical indicators.
News Sentiment Analysis:
- Insider Activity: Recent insider selling activity, including the sale of 2,000 shares by Director John D. Cohn, indicates negative sentiment among insiders.
- Analyst Ratings: Barclays maintains a Hold rating with a $200 price target, while the consensus rating is a Moderate Buy with an average price target of $201.17.
Technical Indicators:
- RSI (14): 39.24, indicating oversold conditions.
- MACD: Negative, showing downward momentum.
- SMA (20): $186.45, with the stock trading below this level.
- Bollinger Bands: The stock is near the lower band, suggesting potential oversold conditions.
Fibonacci Levels:
- Resistance Levels: $189.11, $193.88
- Support Levels: $173.68, $168.91
Price Prediction:
Based on the analysis, the stock is expected to trade around $178 next week.
Recommendation:
Sell WWD stock as the technical indicators and insider sentiment suggest limited upside potential.
Analysis and Insights
To predict the stock price of Woodward (WWD) for the next trading week, we analyze both news sentiment and technical indicators.
News Sentiment Analysis:
- Insider Activity: Recent insider selling activity, including the sale of 2,000 shares by Director John D. Cohn, indicates negative sentiment among insiders.
- Analyst Ratings: Barclays maintains a Hold rating with a $200 price target, while the consensus rating is a Moderate Buy with an average price target of $201.17.
Technical Indicators:
- RSI (14): 39.24, indicating oversold conditions.
- MACD: Negative, showing downward momentum.
- SMA (20): $186.45, with the stock trading below this level.
- Bollinger Bands: The stock is near the lower band, suggesting potential oversold conditions.
Fibonacci Levels:
- Resistance Levels: $189.11, $193.88
- Support Levels: $173.68, $168.91
Price Prediction:
Based on the analysis, the stock is expected to trade around $178 next week.
Recommendation:
Sell WWD stock as the technical indicators and insider sentiment suggest limited upside potential.