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DFS Stock Forecast & Discover Financial Services Chart Analysis

This article provides a detailed analysis of DFS-Discover Financial Services stock including a forecast for DFS shares. It features Discover Financial Services 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.

DFS Historical Data Review

DFS Current Price Performance Analysis

The Discover Financial Services - DFS stock traded on the American stock market, on 06-05-2024, closed at 122.13$ with a %0.85 increased compared to the previous day.

In the last month, the price of DFS changed by %-2.58 decreased in value, from 125.36 dollars on 05-06-2024 to 122.13 dollars, decreased.

Last year, the price of DFS was 112.33 dollars on 06-06-2023, and changed by %8.72 increased in value, to 122.13 dollars increased within a year.

The price of Discover Financial Services 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.

DFS with AI Stock Forecast & Price Target

DFS stock forecast Discover Financial Services price target

On the DFS chart Discover Financial Services price was recorded as 122.13 Dollars on 06/05/2024.

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

The artificial intelligence's prediction error margin for DFS 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 Discover Financial Services stock over the next 4 months is: 120.9 Dollars.

The commentary on DFS stock Target Price: Highest: 135.403 Dollars is predicted.

The commentary on DFS stock Target Price: Lowest: 109.101 Dollars is predicted.

Resistance Price where Discover Financial Services stock will Rise and Fall:

Date Price Prediction
07-10-2024 135.403
09-13-2024 123.255
12-02-2024 129.319
03-12-2025 111.842

Support Price where Discover Financial Services stock will Fall and Rise:

Date Price Prediction
08-29-2024 122.967
10-18-2024 118.100
02-10-2025 109.101
04-01-2025 109.486

The commentary on DFS stock: The target price can generally be said to be on the decline.

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

The target price for Discover Financial Services stock by the end of 2024 is predicted to be 123.412 Dollars.

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

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

DFS Support & Resistance and Trend Analysis

DFS review Discover Financial Services technical analysis trend chart DFS priceDFS stock support and resistance price chart

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

DFS : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the DFS review, the Discover Financial Services 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.

Discover Financial Services Support and Resistance Prices:

DFS Support Level Price DFS Resistance Level Price
82.15 88.18
84.67 95.96
96.46 111.33
104.08 113.42
108.24 127.24
118.74 127.34
119.31 127.70
119.45 127.90
120.51 130.57
121.34 131.65

DFS Technical Analysis: SMA, RSI, MACD

DFS review Discover Financial Services SMA chart analysis DFS priceDFS buy or sell review Discover Financial Services MACD chart analysis DFS price

Upon reviewing the DFS chart, buy and sell signals have been generated in the Discover Financial Services 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 DFS stock are as follows:
  1. DFS technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
  2. The technical analysis for Discover Financial Services gave a 'Buy' signal when the RSI was at 26.762, with the current RSI value at 32.628.
  3. The technical analysis for Discover Financial Services 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 Discover Financial Services stock: Click here to read more predictions on LyondellBasell Industries N.V. stock.

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