Disclaimer Statement

Updated:

Author: Engineer USC

IR Stock Forecast & Ingersoll Rand Chart Analysis

This article provides a detailed analysis of IR-Ingersoll Rand Inc. stock including a forecast for IR shares. It features Ingersoll Rand 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.

IR Historical Data Review

IR Current Price Performance Analysis

The Ingersoll Rand - IR stock traded on the American stock market, on 06-05-2024, closed at 89.73$ with a %2.01 increased compared to the previous day.

In the last month, the price of IR changed by %1.41 increased in value, from 88.48 dollars on 05-06-2024 to 89.73 dollars, increased.

Last year, the price of IR was 61.49 dollars on 06-06-2023, and changed by %45.93 increased in value, to 89.73 dollars increased within a year.

The price of Ingersoll Rand 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.

IR with AI Stock Forecast & Price Target

IR stock forecast Ingersoll Rand price target

On the IR chart Ingersoll Rand price was recorded as 89.73 Dollars on 06/05/2024.

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

The artificial intelligence's prediction error margin for IR stock is moderately 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 Ingersoll Rand stock over the next 4 months is: 99.0 Dollars.

The commentary on IR stock Target Price: Highest: 105.922 Dollars is predicted.

The commentary on IR stock Target Price: Lowest: 92.18 Dollars is predicted.

Resistance Price where Ingersoll Rand stock will Rise and Fall:

Date Price Prediction
06-25-2024 96.293
08-09-2024 94.945
10-23-2024 98.907
12-12-2024 104.777
01-31-2025 103.321

Support Price where Ingersoll Rand stock will Fall and Rise:

Date Price Prediction
07-25-2024 94.622
09-03-2024 92.180
10-28-2024 98.569
01-06-2025 102.218
03-17-2025 98.510

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

The target price for Ingersoll Rand stock by the end of 2024 is predicted to be 102.828 Dollars.

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

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

IR Support & Resistance and Trend Analysis

IR review Ingersoll Rand Inc. technical analysis trend chart IR priceIR stock support and resistance price chart

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

IR : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the IR review, the Ingersoll Rand 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.

Ingersoll Rand Support and Resistance Prices:

IR Support Level Price IR Resistance Level Price
69.46 72.98
74.01 78.17
85.90 92.44
87.46 94.27
88.71 95.42
91.45 96.17
96.67

IR Technical Analysis: SMA, RSI, MACD

IR review Ingersoll Rand Inc. SMA chart analysis IR priceIR buy or sell review Ingersoll Rand Inc. MACD chart analysis IR price

Upon reviewing the IR chart, buy and sell signals have been generated in the Ingersoll Rand 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 IR stock are as follows:
  1. The technical analysis for IR indicates that the 14-period RSI has most recently generated a 'Sell' signal.
  2. The technical analysis for Ingersoll Rand 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 Ingersoll Rand stock: Click here to read more predictions on Rolls-Royce Holdings plc stock.

Click here for price target predictions and technical analysis charts of other American stocks