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Weber Inc. Stock Forecast NYSE:WEBR

$12.82 (-5.11%)

Volume: 2M

Closed: Dec 08, 2021

Hollow Logo Score: -7.210

Weber Inc. Stock Forecast

$12.82 (-5.11%)

Volume: 2M

Closed: Dec 08, 2021

Score Hollow Logo -7.210
Which way will WEBR go? Request
Key Stats
P/E Ratio 14.25
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
RSImin/max Values: [ 20 - 80 ] RSI14 is 21 and the stock is currently not being overbought or oversold

Volatile ride for Weber Inc. stock price on Wednesday moving between $12.60 and $14.31
(Updated on Dec 08, 2021)


Sell candidate since 2021-11-19 Loss -10.91%

The Weber Inc. stock price fell by -5.11% on the last day (Wednesday, 8th Dec 2021) from $13.51 to $12.82. and has now fallen 5 days in a row. During the day the stock fluctuated 13.57% from a day low at $12.60 to a day high of $14.31. The price has fallen in 8 of the last 10 days and is down by -9.4% for this period. Volume has increased on the last day by 1 million shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 2 million shares were bought and sold for approximately $22.14 million.

The stock lies in the lower of a very wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $12.31 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -9.00% during the next 3 months and, with a 90% probability hold a price between $11.21 and $15.50 at the end of this 3-month period.

Signals & Forecast

Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Weber Inc. stock holds sell signals from both short and long-term moving averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $13.52 and $15.38. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, October 14, 2021, and so far it has fallen -28.98%. Further fall is indicated until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Support, Risk & Stop-loss

There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $1.71 between high and low, or 13.57%. For the last week, the stock has had a daily average volatility of 6.02%.

Our recommended stop-loss: We hold an negative evaluation for this stock. No stop-loss is set.

Is Weber Inc. stock A Buy?

Weber Inc. holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Strong Sell candidate.

Current score: -7.210

Predicted Opening Price for Weber Inc. of Thursday, December 9, 2021

The predicted opening price is based on yesterday's movements between high, low, and the closing price.

Fair opening price December 9, 2021 Current price
$13.24 $12.82 (Undervalued)
Strong Sell Candidate Downgraded

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Analyst Ratings

On Aug 30, 2021 "JPMorgan Chase & Co." gave "$19.50" rating for WEBR. The price target was changed from $16.27 to 4.5%.

Volatility and Risk
Daily Average Volatility: 6.02 %
Overall Risk: Very High High Medium Low Very Low
Volatility
6.02 %
Daily Average Volatility
Overall Risk

Very High
High
Medium
Low
Very Low

Support & Resistance

Resistance: $13.92
Price: $12.82
No Support Found

WEBR Insider Trading Show all Trades

INSIDER POWER

0.664

Last 52 transactions
Buy: 3 216 843 | Sell: 4 845 526 (Shares)
Date Action Amount Person Type
Oct 14, 2021 Buy 87 610 Herr Hans-jurgen Stock Option
Oct 14, 2021 Buy 34 819 Herr Hans-jurgen Class A Common Stock
Oct 14, 2021 Buy 25 495 Kilpatrick Marla Yvonne Class A Common Stock
Oct 14, 2021 Buy 62 317 Jacobs Michael G. Stock Option
Oct 14, 2021 Buy 24 767 Jacobs Michael G. Class A Common Stock
Show all Insider Trades
INSIDER POWER

0.664

Last 52 transactions
Buy: 3 216 843 | Sell: 4 845 526 (Shares)

Fibonacci Support & Resistance Levels

Level Price Change
Resistance 14.95 16.64 %
14.30 11.55 %
13.90 8.40 %
Current price: 12.82
Support 12.59 -1.79 %
12.19 -4.94 %
11.53 -10.04 %

Accumulated Volume Support & Resistance Levels

Level Price Chg %
Resistance 14.99 16.93 %
14.93 16.46 %
13.92 8.58 %
Current price 12.82
Support 0 .
0 .
0 .

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