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Takip Edin: @UscMarketsILMN Stock Forecast & Illumina Chart Analysis
This article provides a detailed analysis of ILMN-Illumina stock including a forecast for ILMN shares. It features Illumina, Inc. 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.
ILMN Historical Data Review
ILMN Current Price Performance Analysis
The Illumina - ILMN stock traded on the American stock market, on 06-05-2024, closed at 106.79$ with a %4.63 increased compared to the previous day.
In the last month, the price of ILMN changed by %-10.25 decreased in value, from 118.98 dollars on 05-06-2024 to 106.79 dollars, decreased.
Last year, the price of ILMN was 203.07 dollars on 06-06-2023, and changed by %-47.41 decreased in value, to 106.79 dollars decreased within a year.
The price of Illumina 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.
ILMN with AI Stock Forecast & Price Target
On the ILMN chart Illumina price was recorded as 106.79 Dollars on 06/05/2024.
The artificial intelligence's forecast on ILMN stock is as follows.
The artificial intelligence's prediction error margin for ILMN 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 Illumina stock over the next 4 months is: 87.0 Dollars.
The commentary on ILMN stock Target Price: Highest: 122.127 Dollars is predicted.
The commentary on ILMN stock Target Price: Lowest: 49.055 Dollars is predicted.
Resistance Price where Illumina stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 09-18-2024 | 103.731 |
Support Price where Illumina stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 08-29-2024 | 102.857 |
The commentary on ILMN stock: The target price can generally be said to be on the decline.
The commentary on ILMN stock: Fluctuations in the target price can be expected in the coming days.
The target price for Illumina stock by the end of 2024 is predicted to be 77.622 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on ILMN stock, and the 2024 target price predictions for Illumina are detailed above.
The technical analysis and charts for the commentary on ILMN stock are below.
ILMN Support & Resistance and Trend Analysis
ILMN stock you have reviewed the technical analysis support resistance charts regarding.
ILMN : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the ILMN review, the Illumina 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.
Illumina Support and Resistance Prices:
| ILMN Support Level Price | ILMN Resistance Level Price |
|---|---|
| 92.26 | 115.89 |
| 92.69 | 119.68 |
| 100.09 | 127.89 |
| 104.34 | 138.53 |
| 115.73 | 143.93 |
| 125.82 | 144.19 |
| 128.05 | 146.08 |
| 129.63 | 147.00 |
| 130.98 | 147.70 |
| 132.91 | 148.19 |
ILMN Technical Analysis: SMA, RSI, MACD
Upon reviewing the ILMN chart, buy and sell signals have been generated in the Illumina 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 ILMN stock are as follows:- The technical analysis for ILMN indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
- The technical analysis for Illumina issued a 'Buy' signal when the MACD was at -4.407, with the current MACD value being: -4.407
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.
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