Technical Analysis:
Based on the technical indicators, WWD is showing mixed signals. The RSI(14) at 66.35 indicates the stock is approaching overbought territory but not yet overextended. The MACD at 3.59 suggests positive momentum. The stock is trading above both its 20-day moving average ($186.92) and 200-day moving average ($172.23), indicating a strong uptrend.
Price Levels:
Key Fibonacci levels show:
- Resistance: R1 at $194.80, R2 at $198.70, R3 at $205.02
- Support: S1 at $182.16, S2 at $178.26, S3 at $171.94
- Pivot point: $188.48
News Analysis:
Recent significant developments:
- Director John D Cohn sold 2,000 shares for $378,780 on Feb 5, 2025, representing 8.7% of his holdings. This insider selling activity, combined with no insider purchases in the last 6 months, signals some caution.
- Barclays maintained a Hold rating with a $200 price target, while the consensus among analysts suggests a Moderate Buy with an average price target of $201.17.
- Institutional sentiment is mixed, with 179 institutions increasing positions while 250 reduced their holdings in the latest quarter.
Price Prediction for Next Week:
Based on technical and fundamental factors:
- Base case (60% probability): Stock likely to trade between $194-$198, consolidating near current levels
- Bullish case (25% probability): Break above $199 could push price toward $205
- Bearish case (15% probability): Break below $190 could see retest of $185
Trading Recommendation:
HOLD position or take partial profits. The stock is showing strength trading above key moving averages, but insider selling and mixed institutional sentiment suggest caution. Wait for a pullback toward $190 for new entries.
Target Prices:
- Short-term resistance: $198.70
- Short-term support: $190.00
- Stop loss: $188.48 (pivot point)
Technical Analysis:
Based on the technical indicators, WWD is showing mixed signals. The RSI(14) at 66.35 indicates the stock is approaching overbought territory but not yet overextended. The MACD at 3.59 suggests positive momentum. The stock is trading above both its 20-day moving average ($186.92) and 200-day moving average ($172.23), indicating a strong uptrend.
Price Levels:
Key Fibonacci levels show:
- Resistance: R1 at $194.80, R2 at $198.70, R3 at $205.02
- Support: S1 at $182.16, S2 at $178.26, S3 at $171.94
- Pivot point: $188.48
News Analysis:
Recent significant developments:
- Director John D Cohn sold 2,000 shares for $378,780 on Feb 5, 2025, representing 8.7% of his holdings. This insider selling activity, combined with no insider purchases in the last 6 months, signals some caution.
- Barclays maintained a Hold rating with a $200 price target, while the consensus among analysts suggests a Moderate Buy with an average price target of $201.17.
- Institutional sentiment is mixed, with 179 institutions increasing positions while 250 reduced their holdings in the latest quarter.
Price Prediction for Next Week:
Based on technical and fundamental factors:
- Base case (60% probability): Stock likely to trade between $194-$198, consolidating near current levels
- Bullish case (25% probability): Break above $199 could push price toward $205
- Bearish case (15% probability): Break below $190 could see retest of $185
Trading Recommendation:
HOLD position or take partial profits. The stock is showing strength trading above key moving averages, but insider selling and mixed institutional sentiment suggest caution. Wait for a pullback toward $190 for new entries.
Target Prices:
- Short-term resistance: $198.70
- Short-term support: $190.00
- Stop loss: $188.48 (pivot point)