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GNMSF Stock Forecast & Genmab A/S Chart Analysis

This article provides a detailed analysis of GNMSF-Genmab A/S stock including a forecast for GNMSF shares. It features Genmab 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.

GNMSF Historical Data Review

GNMSF Current Price Performance Analysis

The Genmab A/S - GNMSF stock traded on the American stock market, on 06-05-2024, closed at 284.87$ with a %-1.03 decreased compared to the previous day.

In the last month, the price of GNMSF changed by %-3.95 decreased in value, from 296.59 dollars on 05-06-2024 to 284.87 dollars, decreased.

Last year, the price of GNMSF was 388.5 dollars on 06-06-2023, and changed by %-26.67 decreased in value, to 284.87 dollars decreased within a year.

The price of Genmab A/S 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.

GNMSF with AI Stock Forecast & Price Target

GNMSF stock forecast Genmab A/S price target

On the GNMSF chart Genmab A/S price was recorded as 284.87 Dollars on 06/05/2024.

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

The artificial intelligence's prediction error margin for GNMSF 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 Genmab A/S stock over the next 4 months is: 254.0 Dollars.

The commentary on GNMSF stock Target Price: Highest: 295.812 Dollars is predicted.

The commentary on GNMSF stock Target Price: Lowest: 194.897 Dollars is predicted.

Resistance Price where Genmab A/S stock will Rise and Fall:

Date Price Prediction
09-23-2024 281.596
11-12-2024 266.609
02-05-2025 237.174

Support Price where Genmab A/S stock will Fall and Rise:

Date Price Prediction
08-19-2024 255.372
10-28-2024 265.700
01-31-2025 236.868
04-11-2025 194.897

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

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

The target price for Genmab A/S stock by the end of 2024 is predicted to be 252.41 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on GNMSF stock, and the 2024 target price predictions for Genmab A/S are detailed above.

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

GNMSF Support & Resistance and Trend Analysis

GNMSF review Genmab A/S technical analysis trend chart GNMSF priceGNMSF stock support and resistance price chart

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

GNMSF : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the GNMSF review, the Genmab 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.

Genmab A/S Support and Resistance Prices:

GNMSF Support Level Price GNMSF Resistance Level Price
262.00 293.10
265.30 305.09
265.61 305.94
269.70 306.83
270.50 310.56
275.08 315.90
278.35 323.02
278.46 327.10
286.40 328.20
298.00 333.65
300.00 334.33
302.95

GNMSF Technical Analysis: SMA, RSI, MACD

GNMSF review Genmab A/S SMA chart analysis GNMSF priceGNMSF buy or sell review Genmab A/S MACD chart analysis GNMSF price

Upon reviewing the GNMSF chart, buy and sell signals have been generated in the Genmab 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 GNMSF stock are as follows:
  1. The technical analysis for Genmab 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 Genmab A/S stock: Click here to read more predictions on Tenaris S.A. stock.

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