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ALC Stock Forecast & Alcon Chart Analysis

This article provides a detailed analysis of ALC-Alcon Inc. stock including a forecast for ALC shares. It features Alcon Inc. 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

Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.

ALC Historical Data Review

ALC Current Price Performance Analysis

The Alcon - ALC stock traded on the American stock market, on 06-05-2024, closed at 91.26$ with a %0.94 increased compared to the previous day.

In the last month, the price of ALC changed by %13.49 increased in value, from 80.41 dollars on 05-06-2024 to 91.26 dollars, increased.

Last year, the price of ALC was 79.3 dollars on 06-06-2023, and changed by %15.08 increased in value, to 91.26 dollars increased within a year.

The price of Alcon 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.

ALC with AI Stock Forecast & Price Target

ALC stock forecast Alcon price target

On the ALC chart Alcon price was recorded as 91.26 Dollars on 06/05/2024.

The artificial intelligence's forecast on ALC stock is as follows.

The artificial intelligence's prediction error margin for ALC stock is very 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 Alcon stock over the next 4 months is: 96.2 Dollars.

The commentary on ALC stock Target Price: Highest: 102.539 Dollars is predicted.

The commentary on ALC stock Target Price: Lowest: 87.469 Dollars is predicted.

Resistance Price where Alcon stock will Rise and Fall:

Date Price Prediction
07-25-2024 92.706
11-22-2024 102.539
02-20-2025 101.265

Support Price where Alcon stock will Fall and Rise:

Date Price Prediction
08-29-2024 88.837
01-21-2025 98.802
03-27-2025 93.872

The commentary on ALC stock: The target price can generally be said to be on the rise.

The commentary on ALC stock: Fluctuations in the target price can be expected in the coming days.

The target price for Alcon stock by the end of 2024 is predicted to be 100.645 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on ALC stock, and the 2024 target price predictions for Alcon are detailed above.

The technical analysis and charts for the commentary on ALC stock are below.

ALC Support & Resistance and Trend Analysis

ALC review Alcon Inc. technical analysis trend chart ALC priceALC stock support and resistance price chart

ALC stock you have reviewed the technical analysis support resistance charts regarding.

ALC : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the ALC review, the Alcon 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.

Alcon Support and Resistance Prices:

ALC Support Level Price ALC Resistance Level Price
69.53 75.28
71.46 75.92
74.30 77.42
74.53 80.60
74.79 80.74
77.54 81.72
78.28 84.96
80.65 88.23
87.11 91.08
91.31

ALC Technical Analysis: SMA, RSI, MACD

ALC review Alcon Inc. SMA chart analysis ALC priceALC buy or sell review Alcon Inc. MACD chart analysis ALC price

Upon reviewing the ALC chart, buy and sell signals have been generated in the Alcon 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 ALC stock are as follows:
  1. The technical analysis for ALC indicates that the 14-period RSI has most recently generated a 'Sell' signal.
  2. The technical analysis for ALC indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
  3. The technical analysis for Alcon issued a 'Buy' signal when the MACD was at -0.912, with the current MACD value being: 2.094

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 Alcon stock: Click here to read more predictions on Dr. Ing. h.c. stock.

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