Stock Forecast Chart
Stock Price Prediction Summary
Forecast Score Based on 2 Weeks
Based on our forecast, the price of MDWT will rise by +0.09% over the next 2 Weeks and hit $27.01 by Friday, January 12, 2024. In that time frame, MDWT's share price is expected to range between $26.80 and $27.21.
BearishAverageBullish| Date | Predicted Lower | Predicted | Predicted Upper |
|---|---|---|---|
| Jan 12, 2024 | 26.81 | 27.01 | 27.20 |
| Jan 11, 2024 | 26.80 | 26.98 | 27.16 |
| Jan 10, 2024 | 26.80 | 26.96 | 27.11 |
| Jan 9, 2024 | 26.82 | 26.96 | 27.09 |
| Jan 8, 2024 | 26.84 | 26.96 | 27.07 |
| Jan 5, 2024 | 26.91 | 27.01 | 27.12 |
| Jan 4, 2024 | 26.89 | 26.99 | 27.07 |
| Jan 3, 2024 | 26.87 | 26.96 | 27.05 |
| Jan 2, 2024 | 26.89 | 26.97 | 27.05 |
| Jan 1, 2024 | 26.89 | 26.96 | 27.04 |
MDWT shares fell -0.02% in Wednesday, December 20, 2023's trading session, dropping from a previous close of $26.99 to move at $26.99. The stock demonstrated notable intraday movement (see MDWT's key stats for a full breakdown), fluctuating between $26.97 and $26.99, a +0.06% trading range. While recent weeks have seen some volatility, MDWT has managed to secure a +0.02% gain over the past 2 weeks. The downward price movement was accompanied by remained steady trading volume, with approximately 0 shares changing hands, 0 fewer than the previous session. This amounted to $0.00 in total market activity.
Will MDWT Continue Its Upward Trend?
According to analyst ratings and projections for MDWT, Midwest Holding Inc. shares are anticipated to increase by +0.81%, potentially reaching $27.20 per share by January 12, 2024. Short-term technical indicators currently suggest a neutral sentiment for MDWT. For deeper insights, view our sentiment analysis on AAPL covering social and institutional perspectives. However, the stock has recorded 14 positive trading days within the past 30 sessions. Based on the MDWT stock forecast, now is a good time to buy MDWT stock because its current trading price is -0.09% below our predicted value, hinting at a possible overvaluation. For deeper insights, view our sentiment analysis on MDWT covering social and institutional perspectives.
MDWT Technical Momentum: Overbought, Oversold, or Neutral?
An analysis of Relative Strength Index (RSI) indicators provides insight into MDWT's momentum. Short-term RSIs (9, 14, and 20-day figures ranging from 67.36% to 75.68%) indicate the stock is leaning toward a strong bullish momentum phase. The 50-day RSI, at 61.70%, suggests strong medium-term momentum. Additionally, the 100-day RSI, at 59.31%, maintains a neutral outlook for the long term. Insights into MDWT's shareholder base show how institutional investors are positioning themselves during these momentum shifts
Midwest Holding Inc. Monthly Forecast 2024
September 2024
According to our latest forecast models, Midwest Holding Inc. (MDWT) is positioned to show a strong performance in September 2024. The price is predicted to move between $104.49 and $117.98, settling at an average of $111.43. This could translate to a +312.93% gain.
October 2024
Based on current market signals, Midwest Holding Inc. is projected to trend october 2024. We forecast a trading range from $106.99 to $123.81, with a likely average price of $115.08. Investors could expect a potential return of +326.46%.
November 2024
Our predictive algorithms indicate Midwest Holding Inc. stock may see a shift in November 2024. The expected range spans $113.68–$132.46, with an average target of $124.45. This represents a positive outlook and a possible gain of +361.18%.
December 2024
Analyzing established trends, Midwest Holding Inc. looks set to move in December 2024. Projections place the stock between $124.84 and $144.58, averaging around $134.00. This suggests a +396.57% gain from current levels.
MDWT's history of dividends and stock splits also plays a role in long-term investor confidence.