CRWD stock chart highlights bulls’ dominance and is attempting to break the $167 level. This positive development showcases a potential bullish movement for CrowdStrike stock, with a predicted target of $180. Accordingly, buyers are expected to maintain their long positions in the stock.
The stock has gained momentum and awaits a potential upward move, with a target of reaching $167. The continued action and increasing traction further support the positive outlook for buyers in the market.
At press time, CRWD stock was trading at $161.23 with an intraday gain of -1.10%, showing bullishness and a positive outlook on the charts. Furthermore, the intraday trading volume was $4.233 Million, and the market cap was $38.19 Billion.
However, if more buying volume adds up in the stock, then the share price might support bullish momentum by making higher highs and new highs. CRWD price is expected to move upwards giving bullish views over the daily time frame chart.
Analysts’ Take on CRWD Stock
As per the TradingView, out of 45 analysts covering CRWD stock, 34 are recommending CRWD as a “Strong Buy”, 4 are recommending CrowdStrike as a “Buy”, and 7 are recommending CRWD as “Hold” with overall a positive analyst rating.
The average CrowdStrike stock price target is $183.73, which implies a potential rise of 13.95% from the current price of $161.23. The highest CrowdStrike stock price target is $250, while the lowest CRWD stock price target is $150.00.
Navigating the Path to $180: CRWD Stock Roadmap and Potential Strategy
Currently, CrowdStrike stock is trading above the 50 and 200-day EMAs (exponential moving averages), which are maintaining the price momentum as of now. The current value of RSI is 1.16 points. The 14 SMA is above the median line at -0.0521 points which indicates that the CRWD stock is bullish.
The MACD line at 1.21 and the signal line at -0.0521 are above the zero line. A bullish crossover is observed in the MACD indicator which signals strength in the momentum of the CrowdStrike stock price.
Stochastic RSI is heading towards the overbought level. The %D and %K lines make a positive crossover between them and also intercept the 80 RSI zone. The present value of stochastic RSI is 83.27 points.
CrowdStrike (NASDAQ: CRWD) could break out above $167 showing bullish signs. The MACD, RSI, Stochastic RSI, and EMAs support the bullish trend in the CRWD stock price. Analysts gave CrowdStrike stock a fabulous buy rating which indicates the positivity in the market regarding the stock. However, investors and traders should wait for a proper setup for the next move and avoid FOMO.
- Support Levels: $144.90 and $139.73
- Resistance Levels: $177.94 and $167.07
The analysis provided in this article is for informational and educational purposes only. Do not rely on this information as financial, investment, or trading advice. Investing and trading in stock involves risk. Please assess your situation and risk tolerance before making any investment decisions.