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Takip Edin: @UscMarketsDANOY Stock Forecast & Danone S.A. Chart Analysis
This article provides a detailed analysis of DANOY-Danone S.A. stock including a forecast for DANOY shares. It features Danone S.A. 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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DANOY Historical Data Review
DANOY Current Price Performance Analysis
The Danone S.A. - DANOY stock traded on the American stock market, on 06-05-2024, closed at 12.96$ with a %-0.31 decreased compared to the previous day.
In the last month, the price of DANOY changed by %3.27 increased in value, from 12.55 dollars on 05-06-2024 to 12.96 dollars, increased.
Last year, the price of DANOY was 12.07 dollars on 06-06-2023, and changed by %7.37 increased in value, to 12.96 dollars increased within a year.
The price of Danone S.A. 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.
DANOY with AI Stock Forecast & Price Target
On the DANOY chart Danone S.A. price was recorded as 12.96 Dollars on 06/05/2024.
The artificial intelligence's forecast on DANOY stock is as follows.
The artificial intelligence's prediction error margin for DANOY 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 Danone S.A. stock over the next 4 months is: 11.7 Dollars.
The commentary on DANOY stock Target Price: Highest: 12.743 Dollars is predicted.
The commentary on DANOY stock Target Price: Lowest: 10.724 Dollars is predicted.
Resistance Price where Danone S.A. stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 06-20-2024 | 12.743 |
| 10-08-2024 | 12.194 |
| 12-12-2024 | 11.878 |
Support Price where Danone S.A. stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 08-09-2024 | 11.677 |
| 11-12-2024 | 11.565 |
| 02-25-2025 | 10.724 |
The commentary on DANOY stock: Fluctuations in the target price can be expected in the coming days.
The target price for Danone S.A. stock by the end of 2024 is predicted to be 11.72 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on DANOY stock, and the 2024 target price predictions for Danone S.A. are detailed above.
The technical analysis and charts for the commentary on DANOY stock are below.
DANOY Support & Resistance and Trend Analysis
DANOY stock you have reviewed the technical analysis support resistance charts regarding.
DANOY : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the DANOY review, the Danone S.A. 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.
Danone S.A. Support and Resistance Prices:
| DANOY Support Level Price | DANOY Resistance Level Price |
|---|---|
| 12.01 | 12.84 |
| 12.18 | 12.94 |
| 12.45 | 13.03 |
| 12.58 | 13.05 |
| 12.59 | 13.09 |
| 12.64 | 13.10 |
| 12.67 | 13.48 |
| 12.82 | |
| 12.99 | |
| 13.06 | |
| 13.09 | |
| 13.18 |
DANOY Technical Analysis: SMA, RSI, MACD
Upon reviewing the DANOY chart, buy and sell signals have been generated in the Danone S.A. 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 DANOY stock are as follows:- The technical analysis for DANOY indicates that the 14-period RSI has most recently generated a 'Sell' signal.
- The technical analysis for Danone S.A. 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.
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