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Takip Edin: @UscMarketsINFY Stock Forecast & Infosys Limited Chart Analysis
This article provides a detailed analysis of INFY-Infosys Limited stock including a forecast for INFY shares. It features Infosys Limited 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.
INFY Historical Data Review
INFY Current Price Performance Analysis
The Infosys Limited - INFY stock traded on the American stock market, on 06-05-2024, closed at 17.15$ with a %2.08 increased compared to the previous day.
In the last month, the price of INFY changed by %1.06 increased in value, from 16.97 dollars on 05-06-2024 to 17.15 dollars, increased.
Last year, the price of INFY was 15.64 dollars on 06-06-2023, and changed by %9.65 increased in value, to 17.15 dollars increased within a year.
The price of Infosys Limited 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.
INFY with AI Stock Forecast & Price Target
On the INFY chart Infosys Limited price was recorded as 17.15 Dollars on 06/05/2024.
The artificial intelligence's forecast on INFY stock is as follows.
The artificial intelligence's prediction error margin for INFY 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 Infosys Limited stock over the next 4 months is: 18.3 Dollars.
The commentary on INFY stock Target Price: Highest: 20.396 Dollars is predicted.
The commentary on INFY stock Target Price: Lowest: 16.619 Dollars is predicted.
Resistance Price where Infosys Limited stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 07-15-2024 | 19.079 |
| 12-02-2024 | 18.516 |
| 02-10-2025 | 20.396 |
Support Price where Infosys Limited stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 10-18-2024 | 16.619 |
| 01-01-2025 | 17.942 |
| 03-27-2025 | 18.483 |
The commentary on INFY stock: Fluctuations in the target price can be expected in the coming days.
The target price for Infosys Limited stock by the end of 2024 is predicted to be 17.997 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on INFY stock, and the 2024 target price predictions for Infosys Limited are detailed above.
The technical analysis and charts for the commentary on INFY stock are below.
INFY Support & Resistance and Trend Analysis
INFY stock you have reviewed the technical analysis support resistance charts regarding.
INFY : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the INFY review, the Infosys Limited 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.
Infosys Limited Support and Resistance Prices:
| INFY Support Level Price | INFY Resistance Level Price |
|---|---|
| 16.04 | 17.39 |
| 16.27 | 17.52 |
| 16.34 | 17.58 |
| 16.63 | 18.47 |
| 17.27 | 18.95 |
| 17.29 | 18.98 |
| 17.55 | 19.91 |
| 17.69 | 20.40 |
| 19.22 | 20.58 |
| 19.61 | 20.74 |
| 19.68 |
INFY Technical Analysis: SMA, RSI, MACD
Upon reviewing the INFY chart, buy and sell signals have been generated in the Infosys Limited 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 INFY stock are as follows:- INFY technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for Infosys Limited gave a 'Buy' signal when the RSI was at 23.106, with the current RSI value at 52.551.
- The technical analysis for INFY indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
- The technical analysis for Infosys Limited issued a 'Buy' signal when the MACD was at -0.086, with the current MACD value being: -0.086
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 Infosys Limited stock: Click here to read more predictions on Diageo plc stock.
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