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FOJCF Stock Forecast & Fortum Oyj Chart Analysis

This article provides a detailed analysis of FOJCF-Fortum Oyj stock including a forecast for FOJCF shares. It features Fortum Oyj 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.

FOJCF Historical Data Review

FOJCF Current Price Performance Analysis

The Fortum Oyj - FOJCF stock traded on the American stock market, on 06-05-2024, closed at 15.47$ with no change compared to the previous day.

In the last month, the price of FOJCF changed by %11.78 increased in value, from 13.84 dollars on 05-06-2024 to 15.47 dollars, increased.

Last year, the price of FOJCF was 13.49 dollars on 06-06-2023, and changed by %14.68 increased in value, to 15.47 dollars increased within a year.

The price of Fortum Oyj 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.

FOJCF with AI Stock Forecast & Price Target

FOJCF stock forecast Fortum Oyj price target

On the FOJCF chart Fortum Oyj price was recorded as 15.47 Dollars on 06/05/2024.

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

The artificial intelligence's prediction error margin for FOJCF 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 Fortum Oyj stock over the next 4 months is: 13.2 Dollars.

The commentary on FOJCF stock Target Price: Highest: 14.638 Dollars is predicted.

The commentary on FOJCF stock Target Price: Lowest: 11.361 Dollars is predicted.

Resistance Price where Fortum Oyj stock will Rise and Fall:

Date Price Prediction
12-02-2024 14.638
03-12-2025 11.455

Support Price where Fortum Oyj stock will Fall and Rise:

Date Price Prediction
07-30-2024 12.814
02-25-2025 11.402
03-27-2025 11.361

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

The target price for Fortum Oyj stock by the end of 2024 is predicted to be 14.192 Dollars.

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

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

FOJCF Support & Resistance and Trend Analysis

FOJCF review Fortum Oyj technical analysis trend chart FOJCF priceFOJCF stock support and resistance price chart

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

FOJCF : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the FOJCF review, the Fortum Oyj 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.

Fortum Oyj Support and Resistance Prices:

FOJCF Support Level Price FOJCF Resistance Level Price
12.2 12.60
13.0 13.00
13.12
13.79

FOJCF Technical Analysis: SMA, RSI, MACD

FOJCF review Fortum Oyj SMA chart analysis FOJCF priceFOJCF buy or sell review Fortum Oyj MACD chart analysis FOJCF price

Upon reviewing the FOJCF chart, buy and sell signals have been generated in the Fortum Oyj 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 FOJCF stock are as follows:
  1. The technical analysis for FOJCF indicates that the 14-period RSI has most recently generated a 'Sell' signal.
  2. The technical analysis for Fortum Oyj 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.