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Takip Edin: @UscMarketsCPNG Stock Forecast & Coupang Chart Analysis
This article provides a detailed analysis of CPNG-Coupang stock including a forecast for CPNG shares. It features Coupang, 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.
CPNG Historical Data Review
CPNG Current Price Performance Analysis
The Coupang - CPNG stock traded on the American stock market, on 06-05-2024, closed at 21.79$ with a %-1.04 decreased compared to the previous day.
In the last month, the price of CPNG changed by %-6.64 decreased in value, from 23.34 dollars on 05-06-2024 to 21.79 dollars, decreased.
Last year, the price of CPNG was 15.98 dollars on 06-06-2023, and changed by %36.36 increased in value, to 21.79 dollars increased within a year.
The price of Coupang 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.
CPNG with AI Stock Forecast & Price Target
On the CPNG chart Coupang price was recorded as 21.79 Dollars on 06/05/2024.
The artificial intelligence's forecast on CPNG stock is as follows.
The artificial intelligence's prediction error margin for CPNG 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 Coupang stock over the next 4 months is: 29.0 Dollars.
The commentary on CPNG stock Target Price: Highest: 36.814 Dollars is predicted.
The commentary on CPNG stock Target Price: Lowest: 21.976 Dollars is predicted.
Resistance Price where Coupang stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 06-20-2024 | 24.208 |
| 10-08-2024 | 27.961 |
| 11-22-2024 | 32.077 |
| 01-21-2025 | 36.814 |
| 02-25-2025 | 35.287 |
Support Price where Coupang stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 08-19-2024 | 21.976 |
| 10-18-2024 | 27.864 |
| 12-12-2024 | 29.117 |
| 02-20-2025 | 35.019 |
The commentary on CPNG stock: Fluctuations in the target price can be expected in the coming days.
The target price for Coupang stock by the end of 2024 is predicted to be 31.561 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on CPNG stock, and the 2024 target price predictions for Coupang are detailed above.
The technical analysis and charts for the commentary on CPNG stock are below.
CPNG Support & Resistance and Trend Analysis
CPNG stock you have reviewed the technical analysis support resistance charts regarding.
CPNG : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the CPNG review, the Coupang 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.
Coupang Support and Resistance Prices:
| CPNG Support Level Price | CPNG Resistance Level Price |
|---|---|
| 13.51 | 16.47 |
| 14.56 | 16.75 |
| 14.88 | 16.99 |
| 14.96 | 17.09 |
| 15.41 | 19.78 |
| 17.34 | 23.58 |
| 21.14 | 23.74 |
| 21.61 | 23.77 |
CPNG Technical Analysis: SMA, RSI, MACD
Upon reviewing the CPNG chart, buy and sell signals have been generated in the Coupang 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 CPNG stock are as follows:- The technical analysis for Coupang indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.
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 Coupang stock: Click here to read more predictions on Terumo Corporation stock.
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