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FANUF Stock Forecast & Fanuc Corporation Chart Analysis

This article provides a detailed analysis of FANUF-Fanuc Corporation stock including a forecast for FANUF shares. It features Fanuc Corporation 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.

FANUF Historical Data Review

FANUF Current Price Performance Analysis

The Fanuc Corporation - FANUF stock traded on the American stock market, on 06-05-2024, closed at 27.11$ with a %-7.88 decreased compared to the previous day.

In the last month, the price of FANUF changed by %-11.03 decreased in value, from 30.47 dollars on 05-06-2024 to 27.11 dollars, decreased.

Last year, the price of FANUF was 36.13 dollars on 06-06-2023, and changed by %-24.97 decreased in value, to 27.11 dollars decreased within a year.

The price of Fanuc Corporation 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.

FANUF with AI Stock Forecast & Price Target

FANUF stock forecast Fanuc Corporation price target

On the FANUF chart Fanuc Corporation price was recorded as 27.11 Dollars on 06/05/2024.

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

The artificial intelligence's prediction error margin for FANUF 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 Fanuc Corporation stock over the next 4 months is: 25.4 Dollars.

The commentary on FANUF stock Target Price: Highest: 28.847 Dollars is predicted.

The commentary on FANUF stock Target Price: Lowest: 21.707 Dollars is predicted.

Resistance Price where Fanuc Corporation stock will Rise and Fall:

Date Price Prediction
08-09-2024 27.530
10-03-2024 26.819
11-12-2024 27.640
04-11-2025 22.029

Support Price where Fanuc Corporation stock will Fall and Rise:

Date Price Prediction
07-25-2024 27.261
09-18-2024 26.722
10-18-2024 26.793
02-20-2025 21.707

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

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

The target price for Fanuc Corporation stock by the end of 2024 is predicted to be 24.32 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on FANUF stock, and the 2024 target price predictions for Fanuc Corporation are detailed above.

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

FANUF Support & Resistance and Trend Analysis

FANUF review Fanuc Corporation technical analysis trend chart FANUF priceFANUF stock support and resistance price chart

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

FANUF : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the FANUF review, the Fanuc Corporation 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.

Fanuc Corporation Support and Resistance Prices:

FANUF Support Level Price FANUF Resistance Level Price
24.61 27.20
25.65 28.71
25.66 28.85
26.70 29.55
27.10 30.11
27.33 30.25
27.41 30.46
27.72 30.56
27.95 30.93
28.21 31.13
31.75

FANUF Technical Analysis: SMA, RSI, MACD

FANUF review Fanuc Corporation SMA chart analysis FANUF priceFANUF buy or sell review Fanuc Corporation MACD chart analysis FANUF price

Upon reviewing the FANUF chart, buy and sell signals have been generated in the Fanuc Corporation 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 FANUF stock are as follows:
  1. FANUF technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
  2. The technical analysis for Fanuc Corporation gave a 'Buy' signal when the RSI was at 29.769, with the current RSI value at 36.205.
  3. The technical analysis for Fanuc Corporation 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 Fanuc Corporation stock: Click here to read more predictions on Legrand SA stock.

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