Stock Forecast Chart
Stock Price Prediction Summary
Forecast Score Based on 2 Weeks
Based on our forecast, the price of WWE will - over the next 2 Weeks and hit - by . In that time frame, WWE's share price is expected to range between - and -.
BearishAverageBullishWWE shares rose +2.65% in Monday, September 11, 2023's trading session, rising from a previous close of $98.05 to move at $100.65. The stock demonstrated notable intraday movement (see WWE's key stats for a full breakdown), fluctuating between $98.07 and $101.94, a +3.95% trading range. While recent weeks have seen some volatility, WWE has managed to secure a -13.18% drop over the past 2 weeks. The upward price movement was accompanied by increased trading volume, with approximately 1.64M shares changing hands, 417.83K more than the previous session. This amounted to $165.27M in total market activity.
Will WWE Continue Its Trend?
According to analyst ratings and projections for WWE, World Wrestling Entertainment, Inc. shares are anticipated to remain stable by -, potentially reaching - per share by January 1, 1970. Short-term technical indicators for WWE currently suggest a bearish sentiment. This aligns with the stock's recent performance, as it has recorded 17 negative trading days within the past 30 sessions. Based on the WWE stock forecast, now is not the best time to buy WWE stock because its current trading price is - our predicted value, hinting at a possible . For deeper insights, view our sentiment analysis on WWE covering social and institutional perspectives.
WWE Technical Momentum: Overbought, Oversold, or Neutral?
An analysis of Relative Strength Index (RSI) indicators provides insight into WWE's momentum. Short-term RSIs (9, 14, and 20-day figures ranging from 39.57% to 42.74%) suggest mixed signals, with the stock in a neutral to slightly bearish momentum phase. The 50-day RSI, at 48.09%, suggests a neutral medium-term outlook. Additionally, the 100-day RSI, at 51.56%, maintains a neutral outlook for the long term. Insights into WWE's shareholder base show how institutional investors are positioning themselves during these momentum shifts

