What is the price prediction for SMR?

The price of SMR (NuScale Power) is forecasted to have a **bearish trend** in the near term, with a predicted price decrease of 8.86% over the next seven days. Here's a detailed analysis: 1. **Current Price Trend**: The stock is currently between narrow resistance levels and wide resistance levels, indicating a potential for price swing rather than a clear upward momentum. 2. **Forecast Price Trend**: The forecast for SMR's price trend is bearish, with a sell advice and a historical win rate of 53.67% for this type of forecast. 3. **Support and Resistance Levels**: The stock is positioned between narrow and wide resistance levels, suggesting that the price is more likely to face downward pressure than upward movement. 4. **Recent Performance**: SMR has seen a significant price increase of 174% over the last quarter, but this surge may not be sustainable in the short term. The stock has a bullish trend that has lasted for 8 days, but this is accompanied by a high continuation probability of only 85%, indicating that the bullish momentum is not strongly sustained. 5. **Market Sentiment**: Despite the recent positive developments, such as strategic partnerships and a strong quarterly performance, the stock's analyst rating suggests caution. The consensus Buy rating from analysts may not immediately reflect the recent surge in price, and the one-year average share price target of $34.66 represents a potential downside from the current price level. In conclusion, while SMR has had a remarkable rise in price in the recent past, the forecast for the immediate future points to a bearish trend. Investors should exercise caution and consider these factors when making investment decisions for SMR.