Stock Forecast Chart
Stock Price Prediction Summary
Forecast Score Based on 2 Weeks
Based on our forecast, the price of DWAC will decline by -22.92% over the next 2 Weeks and hit $38.50 by Monday, April 8, 2024. In that time frame, DWAC's share price is expected to range between $34.49 and $42.24.
BearishAverageBullishDWAC shares rose +35.22% in Monday, March 25, 2024's trading session, rising from a previous close of $36.94 to move at $49.95. The stock demonstrated notable intraday movement (see DWAC's key stats for a full breakdown), fluctuating between $38.55 and $52.80, a +36.96% trading range. While recent weeks have seen some volatility, DWAC has managed to secure a +24.28% gain over the past 2 weeks. The upward price movement was accompanied by increased trading volume, with approximately 22.16M shares changing hands, 12.24M more than the previous session. This amounted to $1.11B in total market activity.
Will DWAC Continue Its Downward Trend?
According to analyst ratings and projections for DWAC, Digital World Acquisition Corp. shares are anticipated to decrease by -17.48%, potentially reaching $42.52 per share by April 8, 2024. Short-term technical indicators for DWAC currently suggest a bearish sentiment. This aligns with the stock's recent performance, as it has recorded 18 negative trading days within the past 30 sessions. Based on the DWAC stock forecast, now is not the best time to buy DWAC stock because its current trading price is +29.73% above our predicted value, hinting at a possible undervaluation. For deeper insights, view our sentiment analysis on DWAC covering social and institutional perspectives.
DWAC Technical Momentum: Overbought, Oversold, or Neutral?
An analysis of Relative Strength Index (RSI) indicators provides insight into DWAC's momentum. Short-term RSIs (9, 14, and 20-day figures ranging from 58.73% to 63.79%) suggest the stock is showing bullish momentum with some volatility. The 50-day RSI, at 58.45%, suggests a neutral medium-term outlook. Additionally, the 100-day RSI, at 58.61%, maintains a neutral outlook for the long term. Insights into DWAC's shareholder base show how institutional investors are positioning themselves during these momentum shifts
Digital World Acquisition Corp. Monthly Forecast 2024–2025
September 2024
According to our latest forecast models, Digital World Acquisition Corp. (DWAC) is positioned to show a strong performance in September 2024. The price is predicted to move between $91.68 and $101.63, settling at an average of $96.56. This could translate to a +93.31% gain.
October 2024
Based on current market signals, Digital World Acquisition Corp. is projected to trend october 2024. We forecast a trading range from $84.49 to $107.45, with a likely average price of $100.05. Investors could expect a potential return of +100.30%.
November 2024
Our predictive algorithms indicate Digital World Acquisition Corp. stock may see a shift in November 2024. The expected range spans $100.17–$119.76, with an average target of $109.99. This represents a positive outlook and a possible gain of +120.20%.
December 2024
Analyzing established trends, Digital World Acquisition Corp. looks set to move in December 2024. Projections place the stock between $113.22 and $126.23, averaging around $119.60. This suggests a +139.44% gain from current levels.
January 2025
Market indicators suggest Digital World Acquisition Corp. could experience notable changes during January 2025. Prices could fluctuate within $116.96 to $132.04, with a midpoint forecast of $123.36. The stock might deliver a +146.97% gain.
February 2025
Forecasting for February 2025, models estimate that Digital World Acquisition Corp. may undergo key fluctuations. If trends hold, the stock might trade between $128.41 and $141.49, averaging $135.43. This signals a positive trajectory with potential returns around +171.13%.
March 2025
According to our latest forecast models, Digital World Acquisition Corp. (DWAC) is positioned to show a strong performance in March 2025. The price is predicted to move between $132.86 and $148.11, settling at an average of $139.42. This could translate to a +179.12% gain.
DWAC's history of dividends and stock splits also plays a role in long-term investor confidence.

