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ATEYY Stock Forecast & Advantest Corporation Chart Analysis

This article provides a detailed analysis of ATEYY-Advantest Corporation stock including a forecast for ATEYY shares. It features Advantest Corporation 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.

ATEYY Historical Data Review

ATEYY Current Price Performance Analysis

The Advantest Corporation - ATEYY stock traded on the American stock market, on 06-05-2024, closed at 34.87$ with a %2.77 increased compared to the previous day.

In the last month, the price of ATEYY changed by %1.54 increased in value, from 34.34 dollars on 05-06-2024 to 34.87 dollars, increased.

Last year, the price of ATEYY was 32.42 dollars on 06-06-2023, and changed by %7.56 increased in value, to 34.87 dollars increased within a year.

The price of Advantest Corporation stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.

ATEYY with AI Stock Forecast & Price Target

ATEYY stock forecast Advantest Corporation price target

On the ATEYY chart Advantest Corporation price was recorded as 34.87 Dollars on 06/05/2024.

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

The artificial intelligence's prediction error margin for ATEYY stock is 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 Advantest Corporation stock over the next 4 months is: 42.7 Dollars.

The commentary on ATEYY stock Target Price: Highest: 51.873 Dollars is predicted.

The commentary on ATEYY stock Target Price: Lowest: 35.963 Dollars is predicted.

Resistance Price where Advantest Corporation stock will Rise and Fall:

Date Price Prediction
08-19-2024 39.133
12-02-2024 51.873

Support Price where Advantest Corporation stock will Fall and Rise:

Date Price Prediction
07-10-2024 35.963
09-23-2024 36.995
03-07-2025 43.219

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

The target price for Advantest Corporation stock by the end of 2024 is predicted to be 50.297 Dollars.

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

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

ATEYY Support & Resistance and Trend Analysis

ATEYY review Advantest Corporation technical analysis trend chart ATEYY priceATEYY stock support and resistance price chart

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

ATEYY : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the ATEYY review, the Advantest Corporation 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.

Advantest Corporation Support and Resistance Prices:

ATEYY Support Level Price ATEYY Resistance Level Price
28.32 32.27
31.19 33.41
31.52 35.16
31.91 36.24
38.48 38.13
39.73 45.22
41.79 45.55
42.81 45.76
42.97 46.12
48.89
49.90

ATEYY Technical Analysis: SMA, RSI, MACD

ATEYY review Advantest Corporation SMA chart analysis ATEYY priceATEYY buy or sell review Advantest Corporation MACD chart analysis ATEYY price

Upon reviewing the ATEYY chart, buy and sell signals have been generated in the Advantest Corporation 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 ATEYY stock are as follows:
  1. The technical analysis for ATEYY indicates that the 14-period RSI has most recently generated a 'Sell' signal.
  2. The technical analysis for ATEYY indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
  3. The technical analysis for Advantest Corporation issued a 'Buy' signal when the MACD was at -2.422, with the current MACD value being: -0.371

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.

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