Is Prom doing well?
No, since July 30, 2022, Prom has been continually going down, decreasing 40.71 percent. The 200-day line is +-34.31 percent away from where the price is now. It's -43.27 percent away from the 100-day line and -44.62 percent from the 50-day line.
The Prom Forecast for 2023
Let's look at the one-year forecast since it is the most accurate of the analysts' predictions.
Analysts offered a wide range of forecasts for the Prom price over the next year. The most optimistic forecast for the price target was $12.24, implying an 87 percent increase in 12 months, but the worst-case scenario anticipated a fall to as low as $9.34.
The most up-to-date average price target for the year ahead is $10.62.
That would represent a potential gain of 2.38 percent.
PROM - Relative Strength Forecast
PROM - Trend Prediction
PROM - Price Volatility Prediction
PROM - Relative Strength
PROM - Momentum Forecast
What Does the Future Hold for Prom In 2025-2030?
Prom's long-term prospects look promising. The average price target for Prom by the end of 2020 was $11.13, according to twelve analysts. Their five-year forecast projects the price of Prom to be $11.66 by 2025. By 2030, the long-term prediction is $12.52.