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Takip Edin: @UscMarketsDLMAF Stock Forecast & Dollarama Chart Analysis
This article provides a detailed analysis of DLMAF-Dollarama Inc. stock including a forecast for DLMAF shares. It features Dollarama 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.
DLMAF Historical Data Review
DLMAF Current Price Performance Analysis
The Dollarama - DLMAF stock traded on the American stock market, on 06-05-2024, closed at 93.07$ with a %1.12 increased compared to the previous day.
In the last month, the price of DLMAF changed by %8.73 increased in value, from 85.6 dollars on 05-06-2024 to 93.07 dollars, increased.
Last year, the price of DLMAF was 61.74 dollars on 06-06-2023, and changed by %50.75 increased in value, to 93.07 dollars increased within a year.
The price of Dollarama 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.
DLMAF with AI Stock Forecast & Price Target
On the DLMAF chart Dollarama price was recorded as 93.07 Dollars on 06/05/2024.
The artificial intelligence's forecast on DLMAF stock is as follows.
The artificial intelligence's prediction error margin for DLMAF stock is moderate.
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 Dollarama stock over the next 4 months is: 95.3 Dollars.
The commentary on DLMAF stock Target Price: Highest: 103.272 Dollars is predicted.
The commentary on DLMAF stock Target Price: Lowest: 86.078 Dollars is predicted.
Resistance Price where Dollarama stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 07-15-2024 | 90.400 |
| 10-03-2024 | 94.703 |
| 12-17-2024 | 100.662 |
| 02-25-2025 | 103.272 |
Support Price where Dollarama stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 08-19-2024 | 86.078 |
| 10-23-2024 | 93.423 |
| 01-21-2025 | 95.995 |
| 03-27-2025 | 99.734 |
The commentary on DLMAF stock: The target price can generally be said to be on the rise.
The commentary on DLMAF stock: Fluctuations in the target price can be expected in the coming days.
The target price for Dollarama stock by the end of 2024 is predicted to be 99.835 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on DLMAF stock, and the 2024 target price predictions for Dollarama are detailed above.
The technical analysis and charts for the commentary on DLMAF stock are below.
DLMAF Support & Resistance and Trend Analysis
DLMAF stock you have reviewed the technical analysis support resistance charts regarding.
DLMAF : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the DLMAF review, the Dollarama 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.
Dollarama Support and Resistance Prices:
| DLMAF Support Level Price | DLMAF Resistance Level Price |
|---|---|
| 67.34 | 73.00 |
| 70.47 | 73.73 |
| 71.22 | 74.44 |
| 72.92 | 74.90 |
| 73.04 | 75.46 |
| 74.26 | 78.15 |
| 75.62 | 78.16 |
| 79.64 | 78.92 |
| 80.48 | 85.63 |
| 85.39 | 87.04 |
| 87.51 | |
| 92.41 |
DLMAF Technical Analysis: SMA, RSI, MACD
Upon reviewing the DLMAF chart, buy and sell signals have been generated in the Dollarama 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 DLMAF stock are as follows:- The technical analysis for DLMAF indicates that the 14-period RSI has most recently generated a 'Sell' signal.
- The technical analysis for DLMAF indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
- The technical analysis for Dollarama issued a 'Buy' signal when the MACD was at 1.975, with the current MACD value being: 1.975
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 Dollarama stock: Click here to read more predictions on Dai-ichi Life Holdings stock.
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