Stock Forecast Chart
Stock Price Prediction Summary
Forecast Score Based on 2 Weeks
Based on our forecast, the price of ARNC will - over the next 2 Weeks and hit - by . In that time frame, ARNC's share price is expected to range between - and -.
BearishAverageBullishARNC shares rose +0.03% in Thursday, August 17, 2023's trading session, rising from a previous close of $29.98 to move at $29.99. The stock demonstrated notable intraday movement (see ARNC's key stats for a full breakdown), fluctuating between $29.98 and $30.02, a +0.13% trading range. While recent weeks have seen some volatility, ARNC has managed to secure a +0.37% gain over the past 2 weeks. The upward price movement was accompanied by increased trading volume, with approximately 4.36M shares changing hands, 1.64M more than the previous session. This amounted to $130.64M in total market activity.
Will ARNC Continue Its Trend?
According to analyst ratings and projections for ARNC, Arconic Corporation shares are anticipated to remain stable by -, potentially reaching - per share by January 1, 1970. Short-term technical indicators for ARNC currently suggest a bearish sentiment. Despite this, the stock appears to be in a state of indecision, having seen 15 positive and 15 negative trading days over the last 30 sessions. Based on the ARNC stock forecast, now is not the best time to buy ARNC stock because its current trading price is - our predicted value, hinting at a possible . For deeper insights, view our sentiment analysis on ARNC covering social and institutional perspectives.
ARNC Technical Momentum: Overbought, Oversold, or Neutral?
An analysis of Relative Strength Index (RSI) indicators provides insight into ARNC's momentum. Short-term RSIs (9, 14, and 20-day figures ranging from 69.62% to 73.43%) indicate the stock is leaning toward a strong bullish momentum phase. The 50-day RSI, at 59.64%, suggests a neutral medium-term outlook. Additionally, the 100-day RSI, at 54.80%, maintains a neutral outlook for the long term. Insights into ARNC's shareholder base show how institutional investors are positioning themselves during these momentum shifts

