Show

April

Resistance

Gains

<ul class="list-ic vertical"> 
 <li> <span>1</span> <a>Experian plc stock price fell 0.78% intraday on Monday and closed at £26.70.</a> </li> 
 <li> <span>2</span> <a>Experian’s share price (LSE: EXPN) has been delivering a bearish outlook since the price slipped below the 200-day EMA.&nbsp;</a> </li> 
 <li> <span>3</span> <a>The daily chart witnesses the formation of a declining parallel channel pattern.&nbsp;&nbsp;&nbsp;</a> </li> 
</ul> 
<p>Experian plc stock price is witnessing a bearish outlook since the price slipped below the 200-day EMA. The EXPN share price has been under the control of bears since mid-August and has declined nearly 7% in the given period.<br><br>The daily chart illustrates that the Experian share price shifted its trend to positive in the first week of April which was later supported by the half-yearly earnings that were reported in May 2023. The earnings fueled the trend and the share price jumped from a low of £25.5 to a high of £31.04 by the end of July 2023 gaining more than 15% in returns.&nbsp;</p> 
<p>The £31.04 level acted as a strong supply zone and the price witnessed a heavy selloff which later shifted the short-term trend to bearish when the EXPN share price failed to stay above the 200-day EMA.<br><br>Currently, the stock price is nearing a previous breakout zone and a strong support zone from where the bulls might attempt to take over and turn the trend in their favor. The Experian stock price has immediate support at £26.21 and major support at £25.54 which might halt the current short-term trend and the price might show a bounce back from the levels.</p> 
<h2 class="wp-block-heading" id="strong-experian-share-price-targets-for-2023-strong"><strong>Experian Share Price Targets For 2023</strong></h2> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large"> 
  <img decoding="async" loading="lazy" width="1024" height="464" src="https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-34-1024x464.png" alt="Will Experian Share Price (LSE: EXPN) Show Gains in October?" class="wp-image-173133" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-34-1024x464.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-34-300x136.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-34-768x348.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-34-750x340.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-34-1140x517.png 1140w, https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-34.png 1281w" sizes="(max-width: 1024px) 100vw, 1024px"> 
  <figcaption class="wp-element-caption">
    Source: EXPN 1D. LSE By <a href="https://www.tradingview.com/x/3wB4g70u/" rel="noopener noreferrer nofollow">TradingView</a> 
  </figcaption> 
 </figure> 
</div> 
<p>The average analyst price target for Experian stock in 2023 is £33.05, which represents a potential upside of 9.1% from the current price. However, there is a wide range of analyst price targets between £27.06 to £43.63.</p> 
<p>The most optimistic analysts believe that Experian stock could reach £43.63 in 2023 if the digital economy continues to grow rapidly and the demand for credit remains strong.&nbsp;</p> 
<h3 class="wp-block-heading" id="strong-technical-indicators-signal-a-neutral-to-bearish-trend-strong"><strong>Technical Indicators Signal a Neutral to Bearish Trend</strong></h3> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large"> 
  <img decoding="async" loading="lazy" width="1024" height="464" src="https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-35-1024x464.png" alt="" class="wp-image-173134" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-35-1024x464.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-35-300x136.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-35-768x348.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-35-750x340.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-35-1140x517.png 1140w, https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-35.png 1281w" sizes="(max-width: 1024px) 100vw, 1024px"> 
  <figcaption class="wp-element-caption">
    Source: EXPN 1D. LSE By <a href="https://www.tradingview.com/x/3wB4g70u/" rel="noopener noreferrer nofollow">TradingView</a> 
  </figcaption> 
 </figure> 
</div> 
<p>The overall technical indicators including RSI and MACD opinion rating for the <a href="https://www.thecoinrepublic.com/2023/09/18/expn-stock-price-tech-giant-surges-11-after-annual-report/" rel="noopener noreferrer nofollow">EXPN stock</a> is an 80% “sell” with an average short-term outlook on maintaining the current trend.&nbsp;&nbsp;</p> 
<h4 class="wp-block-heading"><strong>Conclusion</strong></h4> 
<p><a href="https://www.thecoinrepublic.com/2023/09/18/expn-stock-price-tech-giant-surges-11-after-annual-report/" target="_blank" rel="noopener noreferrer nofollow">Experian plc</a> share price has been in a bearish trend since it slipped below the 200-day EMA. The price has been under the control of bears since mid-August and has declined nearly 7%. The price shifted its trend to positive in the first week of April but witnessed a heavy selloff in late July.&nbsp;</p> 
<p>Currently, the price is nearing a previous breakout zone and a strong support zone. The price has an immediate support at £26.21 and a major support at £25.54. The average analyst price target for Experian stock in 2023 is £33.05, which represents a potential upside of 9.1% from the current price.&nbsp;</p> 
<h4 class="wp-block-heading"><strong>Technical Levels</strong></h4> 
<ul> 
 <li><strong>Support levels:</strong> £26.21 and £25.54</li> 
 <li><strong>Resistance levels:</strong> £27.18 and £28.39</li> 
</ul> 
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5> 
<p>The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.&nbsp;</p>

Will Experian Share Price (LSE: EXPN) Show Gains in October?

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