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IX Stock Forecast & ORIX Corporation Chart Analysis

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

IX Historical Data Review

IX Current Price Performance Analysis

The ORIX Corporation - IX stock traded on the American stock market, on 06-05-2024, closed at 110.64$ with a %0.29 increased compared to the previous day.

In the last month, the price of IX changed by %5.02 increased in value, from 105.35 dollars on 05-06-2024 to 110.64 dollars, increased.

Last year, the price of IX was 89.48 dollars on 06-06-2023, and changed by %23.65 increased in value, to 110.64 dollars increased within a year.

The price of ORIX 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.

IX with AI Stock Forecast & Price Target

IX stock forecast ORIX Corporation price target

On the IX chart ORIX Corporation price was recorded as 110.64 Dollars on 06/05/2024.

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

The artificial intelligence's prediction error margin for IX stock is very 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 ORIX Corporation stock over the next 4 months is: 116.7 Dollars.

The commentary on IX stock Target Price: Highest: 122.835 Dollars is predicted.

The commentary on IX stock Target Price: Lowest: 109.18 Dollars is predicted.

Resistance Price where ORIX Corporation stock will Rise and Fall:

Date Price Prediction
07-05-2024 114.088
10-08-2024 118.415
12-12-2024 122.835
02-20-2025 121.030

Support Price where ORIX Corporation stock will Fall and Rise:

Date Price Prediction
09-03-2024 109.180
11-07-2024 114.772
01-16-2025 117.684
03-17-2025 118.015

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

The target price for ORIX Corporation stock by the end of 2024 is predicted to be 121.145 Dollars.

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

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

IX Support & Resistance and Trend Analysis

IX review ORIX Corporation technical analysis trend chart IX priceIX stock support and resistance price chart

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

IX : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the IX review, the ORIX 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.

ORIX Corporation Support and Resistance Prices:

IX Support Level Price IX Resistance Level Price
86.05 92.25
89.90 93.87
91.18 94.88
91.52 97.80
93.71 97.81
94.78 101.39
100.82 109.29
100.94 111.08
101.17 111.45
104.35 112.04
105.29 113.02
113.43

IX Technical Analysis: SMA, RSI, MACD

IX review ORIX Corporation SMA chart analysis IX priceIX buy or sell review ORIX Corporation MACD chart analysis IX price

Upon reviewing the IX chart, buy and sell signals have been generated in the ORIX 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 IX stock are as follows:
  1. The technical analysis for IX indicates that the 14-period RSI has most recently generated a 'Sell' signal.
  2. The technical analysis for IX indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
  3. The technical analysis for ORIX Corporation issued a 'Buy' signal when the MACD was at 0.639, with the current MACD value being: 1.093

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 ORIX Corporation stock: Click here to read more predictions on Vertiv Holdings Co stock.

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