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Takip Edin: @UscMarketsADDDF Stock Forecast & adidas AG Chart Analysis
This article provides a detailed analysis of ADDDF-adidas AG stock including a forecast for ADDDF shares. It features adidas AG technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
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ADDDF Historical Data Review
ADDDF Current Price Performance Analysis
The adidas AG - ADDDF stock traded on the American stock market, on 06-05-2024, closed at 251.97$ with a %-0.94 decreased compared to the previous day.
In the last month, the price of ADDDF changed by %4.58 increased in value, from 240.94 dollars on 05-06-2024 to 251.97 dollars, increased.
Last year, the price of ADDDF was 169.31 dollars on 06-06-2023, and changed by %48.82 increased in value, to 251.97 dollars increased within a year.
The price of adidas AG stock is riding high above the 50-day and 100-day moving averages. This means it's on a positive run for now, great news for those who got in early. But let's not take our eyes off the ball; no stock climbs forever.
ADDDF with AI Stock Forecast & Price Target
On the ADDDF chart adidas AG price was recorded as 251.97 Dollars on 06/05/2024.
The artificial intelligence's forecast on ADDDF stock is as follows.
The artificial intelligence's prediction error margin for ADDDF stock is moderately high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for adidas AG stock over the next 4 months is: 258.2 Dollars.
The commentary on ADDDF stock Target Price: Highest: 274.399 Dollars is predicted.
The commentary on ADDDF stock Target Price: Lowest: 234.777 Dollars is predicted.
Resistance Price where adidas AG stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 06-20-2024 | 262.200 |
| 10-08-2024 | 270.229 |
| 12-17-2024 | 274.399 |
Support Price where adidas AG stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 08-29-2024 | 234.777 |
| 11-07-2024 | 251.685 |
| 03-17-2025 | 253.641 |
The commentary on ADDDF stock: The target price can generally be said to be on the decline.
The commentary on ADDDF stock: Fluctuations in the target price can be expected in the coming days.
The target price for adidas AG stock by the end of 2024 is predicted to be 273.296 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on ADDDF stock, and the 2024 target price predictions for adidas AG are detailed above.
The technical analysis and charts for the commentary on ADDDF stock are below.
ADDDF Support & Resistance and Trend Analysis
ADDDF stock you have reviewed the technical analysis support resistance charts regarding.
ADDDF : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the ADDDF review, the adidas AG support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
adidas AG Support and Resistance Prices:
| ADDDF Support Level Price | ADDDF Resistance Level Price |
|---|---|
| 175.25 | 195.50 |
| 178.43 | 200.00 |
| 181.34 | 203.38 |
| 199.22 | 210.00 |
| 200.25 | 218.00 |
| 207.80 | 229.67 |
| 209.95 | 233.10 |
| 228.55 | 254.90 |
| 233.44 | 255.01 |
ADDDF Technical Analysis: SMA, RSI, MACD
Upon reviewing the ADDDF chart, buy and sell signals have been generated in the adidas AG technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for ADDDF stock are as follows:- The technical analysis for ADDDF indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
- The technical analysis for adidas AG issued a 'Buy' signal when the MACD was at 4.016, with the current MACD value being: 4.339
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
You have read the comments, technical analyses, target prices, and financial reports for adidas AG stock: Click here to read more predictions on Veeva Systems stock.
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