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Takip Edin: @UscMarketsDNNGY Stock Forecast & Ørsted A/S Chart Analysis
This article provides a detailed analysis of DNNGY-Ørsted A/S stock including a forecast for DNNGY shares. It features Ørsted A/S 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.
DNNGY Historical Data Review
DNNGY Current Price Performance Analysis
The Ørsted A/S - DNNGY stock traded on the American stock market, on 06-05-2024, closed at 20.31$ with a %0.49 increased compared to the previous day.
In the last month, the price of DNNGY changed by %2.32 increased in value, from 19.85 dollars on 05-06-2024 to 20.31 dollars, increased.
Last year, the price of DNNGY was 29.71 dollars on 06-06-2023, and changed by %-31.64 decreased in value, to 20.31 dollars decreased within a year.
The price of Ørsted A/S 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.
DNNGY with AI Stock Forecast & Price Target
On the DNNGY chart Ørsted A/S price was recorded as 20.31 Dollars on 06/05/2024.
The artificial intelligence's forecast on DNNGY stock is as follows.
The artificial intelligence's prediction error margin for DNNGY 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 Ørsted A/S stock over the next 4 months is: 11.6 Dollars.
The commentary on DNNGY stock Target Price: Highest: 16.029 Dollars is predicted.
The commentary on DNNGY stock Target Price: Lowest: 6.847 Dollars is predicted.
Resistance Price where Ørsted A/S stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 06-25-2024 | 16.029 |
| 09-23-2024 | 13.684 |
| 11-12-2024 | 12.159 |
Support Price where Ørsted A/S stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 09-03-2024 | 13.277 |
| 11-07-2024 | 12.118 |
The commentary on DNNGY stock: The target price can generally be said to be on the decline.
The commentary on DNNGY stock: Fluctuations in the target price can be expected in the coming days.
The target price for Ørsted A/S stock by the end of 2024 is predicted to be 9.914 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on DNNGY stock, and the 2024 target price predictions for Ørsted A/S are detailed above.
The technical analysis and charts for the commentary on DNNGY stock are below.
DNNGY Support & Resistance and Trend Analysis
DNNGY stock you have reviewed the technical analysis support resistance charts regarding.
DNNGY : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the DNNGY review, the Ørsted A/S 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.
Ørsted A/S Support and Resistance Prices:
| DNNGY Support Level Price | DNNGY Resistance Level Price |
|---|---|
| 11.72 | 15.98 |
| 14.61 | 17.01 |
| 14.73 | 18.92 |
| 16.83 | 18.95 |
| 17.11 | 18.98 |
| 17.63 | 19.27 |
| 17.76 | 19.37 |
| 17.90 | 19.38 |
| 18.09 | 19.62 |
| 19.17 | 20.99 |
DNNGY Technical Analysis: SMA, RSI, MACD
Upon reviewing the DNNGY chart, buy and sell signals have been generated in the Ørsted A/S 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 DNNGY stock are as follows:- The technical analysis for Ørsted A/S 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 Ørsted A/S stock: Click here to read more predictions on Kuaishou Technology stock.
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