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HOCPY Stock Forecast & HOYA Corporation Chart Analysis

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

HOCPY Historical Data Review

HOCPY Current Price Performance Analysis

The HOYA Corporation - HOCPY stock traded on the American stock market, on 06-05-2024, closed at 123.3$ with a %0.59 increased compared to the previous day.

In the last month, the price of HOCPY changed by %2.37 increased in value, from 120.45 dollars on 05-06-2024 to 123.3 dollars, increased.

Last year, the price of HOCPY was 131.65 dollars on 06-06-2023, and changed by %-6.34 decreased in value, to 123.3 dollars decreased within a year.

The price of HOYA Corporation 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.

HOCPY with AI Stock Forecast & Price Target

HOCPY stock forecast HOYA Corporation price target

On the HOCPY chart HOYA Corporation price was recorded as 123.3 Dollars on 06/05/2024.

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

The artificial intelligence's prediction error margin for HOCPY 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 HOYA Corporation stock over the next 4 months is: 132.0 Dollars.

The commentary on HOCPY stock Target Price: Highest: 145.501 Dollars is predicted.

The commentary on HOCPY stock Target Price: Lowest: 120.521 Dollars is predicted.

Resistance Price where HOYA Corporation stock will Rise and Fall:

Date Price Prediction
08-09-2024 130.479
11-07-2024 145.501
01-06-2025 134.404

Support Price where HOYA Corporation stock will Fall and Rise:

Date Price Prediction
09-13-2024 127.583
12-17-2024 134.055
03-17-2025 125.660

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

The target price for HOYA Corporation stock by the end of 2024 is predicted to be 134.203 Dollars.

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

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

HOCPY Support & Resistance and Trend Analysis

HOCPY review HOYA Corporation technical analysis trend chart HOCPY priceHOCPY stock support and resistance price chart

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

HOCPY : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the HOCPY review, the HOYA 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.

HOYA Corporation Support and Resistance Prices:

HOCPY Support Level Price HOCPY Resistance Level Price
101.26 116.25
107.50 116.90
108.12 117.13
112.98 125.81
114.60 127.05
116.49 127.23
119.19 128.59
119.96 133.98
121.12 135.00

HOCPY Technical Analysis: SMA, RSI, MACD

HOCPY review HOYA Corporation SMA chart analysis HOCPY priceHOCPY buy or sell review HOYA Corporation MACD chart analysis HOCPY price

Upon reviewing the HOCPY chart, buy and sell signals have been generated in the HOYA 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 HOCPY stock are as follows:
  1. HOCPY technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
  2. The technical analysis for HOYA Corporation gave a 'Buy' signal when the RSI was at 20.933, with the current RSI value at 43.975.
  3. The technical analysis for HOCPY indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
  4. The technical analysis for HOYA Corporation issued a 'Buy' signal when the MACD was at 0.181, with the current MACD value being: 0.926

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 HOYA Corporation stock: Click here to read more predictions on United Rentals stock.

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