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Takip Edin: @UscMarketsATLCY Stock Forecast & Atlas Copco AB Chart Analysis
This article provides a detailed analysis of ATLCY-Atlas Copco AB stock including a forecast for ATLCY shares. It features Atlas Copco AB 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.
ATLCY Historical Data Review
ATLCY Current Price Performance Analysis
The Atlas Copco AB - ATLCY stock traded on the American stock market, on 06-05-2024, closed at 16.83$ with a %1.08 increased compared to the previous day.
In the last month, the price of ATLCY changed by %6.12 increased in value, from 15.86 dollars on 05-06-2024 to 16.83 dollars, increased.
Last year, the price of ATLCY was 12.65 dollars on 06-06-2023, and changed by %33.04 increased in value, to 16.83 dollars increased within a year.
The price of Atlas Copco AB 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.
ATLCY with AI Stock Forecast & Price Target
On the ATLCY chart Atlas Copco AB price was recorded as 16.83 Dollars on 06/05/2024.
The artificial intelligence's forecast on ATLCY stock is as follows.
The artificial intelligence's prediction error margin for ATLCY 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 Atlas Copco AB stock over the next 4 months is: 17.2 Dollars.
The commentary on ATLCY stock Target Price: Highest: 18.884 Dollars is predicted.
The commentary on ATLCY stock Target Price: Lowest: 16.017 Dollars is predicted.
Resistance Price where Atlas Copco AB stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 07-05-2024 | 16.816 |
| 11-27-2024 | 18.884 |
| 02-05-2025 | 17.090 |
| 02-20-2025 | 17.129 |
Support Price where Atlas Copco AB stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 08-29-2024 | 16.017 |
| 01-31-2025 | 17.077 |
| 02-10-2025 | 17.070 |
| 03-17-2025 | 16.857 |
The commentary on ATLCY stock: Fluctuations in the target price can be expected in the coming days.
The target price for Atlas Copco AB stock by the end of 2024 is predicted to be 17.62 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on ATLCY stock, and the 2024 target price predictions for Atlas Copco AB are detailed above.
The technical analysis and charts for the commentary on ATLCY stock are below.
ATLCY Support & Resistance and Trend Analysis
ATLCY stock you have reviewed the technical analysis support resistance charts regarding.
ATLCY : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the ATLCY review, the Atlas Copco AB 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.
Atlas Copco AB Support and Resistance Prices:
| ATLCY Support Level Price | ATLCY Resistance Level Price |
|---|---|
| 13.03 | 13.61 |
| 13.40 | 14.38 |
| 13.61 | 14.85 |
| 13.67 | 15.10 |
| 13.93 | 15.39 |
| 14.39 | 15.97 |
| 14.47 | 15.99 |
| 14.95 | 16.84 |
| 15.90 | 16.95 |
| 16.01 |
ATLCY Technical Analysis: SMA, RSI, MACD
Upon reviewing the ATLCY chart, buy and sell signals have been generated in the Atlas Copco AB 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 ATLCY stock are as follows:- The technical analysis for ATLCY indicates that the 14-period RSI has most recently generated a 'Sell' signal.
- The technical analysis for ATLCY indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
- The technical analysis for Atlas Copco AB issued a 'Buy' signal when the MACD was at 0.304, with the current MACD value being: 0.321
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 Atlas Copco AB stock: Click here to read more predictions on Bayerische Motoren Werke stock.
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