Wulf 3 month price prediction
6/28/2024 01:20am
**TeraWulf Inc. (WULF) 3-Month Price Prediction**:
1. **Analyst Consensus**: The consensus among analysts is a "Strong Buy" with an average 3-month price target of $4.16, indicating a potential increase of 8.33% from the current price.
2. **Current Price**: As of the latest data, the stock is trading at $3.84.
3. **Price Target Details**:
- The low estimate is $3.00, suggesting a potential decrease of 21.87% from the current price.
- The high estimate is $7.00, which represents an increase of 82.29% from the current price.
4. **Market Sentiment**:
- The Fear & Greed Index is at 39 (Fear), suggesting that the market sentiment is bearish.
- The stock has recorded 13 green days in the last 30, with a volatility of 8.51%.
5. **Technical Indicators**:
- The 50-day Simple Moving Average (SMA) is $2.20, and the 200-day SMA is $1.828940.
- The 14-day Relative Strength Index (RSI) is 39.53, which is near the midpoint and indicates neither overbought nor oversold conditions.
6. **Future Outlook**:
- The long-term TeraWulf Inc. stock prediction for the beginning of next year is $2.43, with potential growth up to $6.10 by 2030.
- Given the current short-term trend, the stock is expected to rise 57.97% during the next 3 months.
In conclusion, while the 3-month price target suggests a positive outlook, the current market sentiment and short-term technical indicators indicate a bearish trend. Investors should consider these factors along with their own risk tolerance and investment strategy when making decisions for the next 3 months.