Yelp (YELP) Stock Price Prediction and Recommendation
Technical Analysis:
- RSI (14): 49.81 (Neutral, not oversold or overbought)
- MACD (12,26): -0.54 (Slightly bearish signal)
- Fibonacci Levels:
- Pivot: $35.02
- R1: $35.77
- R2: $36.23
- R3: $36.98
- S1: $34.27
- S2: $33.81
- S3: $33.06
News and Sentiment:
- Recent insider selling by the Chief People Officer (11,238 shares) indicates potential bearish sentiment.
- Mixed institutional investor activity: 153 increased positions, 159 decreased.
Price Prediction:
Based on the analysis, the stock is expected to face resistance at $36.98. If it fails to break above this level, the price may decline to the support level of $34.27.
Predicted Price for Next Trading Week: $34.50
Recommendation: Sell or hold until a clearer bullish signal emerges.
Yelp (YELP) Stock Price Prediction and Recommendation
Technical Analysis:
- RSI (14): 49.81 (Neutral, not oversold or overbought)
- MACD (12,26): -0.54 (Slightly bearish signal)
- Fibonacci Levels:
- Pivot: $35.02
- R1: $35.77
- R2: $36.23
- R3: $36.98
- S1: $34.27
- S2: $33.81
- S3: $33.06
News and Sentiment:
- Recent insider selling by the Chief People Officer (11,238 shares) indicates potential bearish sentiment.
- Mixed institutional investor activity: 153 increased positions, 159 decreased.
Price Prediction:
Based on the analysis, the stock is expected to face resistance at $36.98. If it fails to break above this level, the price may decline to the support level of $34.27.
Predicted Price for Next Trading Week: $34.50
Recommendation: Sell or hold until a clearer bullish signal emerges.