Will siri stock go down

Sirius XM Holdings Inc. (SIRI) is not expected to experience a significant decline in its stock price. Here's a detailed analysis:

1. Technical Indicators: The stock's technical indicators are positive, with a Moving Average Convergence Divergence (MACD) of 0.08 and a Relative Strength Index (RSI) of 66.98 as of July 1, 2024. These indicators suggest bullish momentum and a potential for price increase.
2. Recent Performance: SIRI has shown a 1-Week Percentage Change of 7.06%, indicating a recent uptrend. The stock is also trading above its 10-Day, 20-Day, and 60-Day Moving Averages, which is a bullish signal.
3. Market Position and Content: Sirius XM Holdings is the leading audio entertainment company in North America, with a diverse mix of content including music, sports, entertainment, and news. The company has recently launched new shows and podcasts, which could attract new listeners and potentially drive stock price up.
4. Analyst Consensus: The analyst consensus for SIRI is a "Hold" with an average price target of $4.07, indicating a 51.30% upside potential from the current price. This suggests that analysts do not expect a significant decline in the stock price.
5. Dividend Yield: The stock pays a quarterly dividend of $0.03, which represents an annual dividend yield of 3.69%. This can be an attractive feature for income-focused investors, which could help support the stock price.

In conclusion, while it's impossible to predict the stock market with absolute certainty, the current indicators and analysis suggest that Sirius XM Holdings Inc. (SIRI) is not likely to experience a significant decline in its stock price. However, it's important to monitor market conditions and company performance closely as these can change quickly.