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MKGAF Stock Forecast & Merck KGaA Chart Analysis

This article provides a detailed analysis of MKGAF-Merck KGaA stock including a forecast for MKGAF shares. It features Merck KGaA 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.

MKGAF Historical Data Review

MKGAF Current Price Performance Analysis

The Merck KGaA - MKGAF stock traded on the American stock market, on 06-05-2024, closed at 187.0$ with a %5.06 increased compared to the previous day.

In the last month, the price of MKGAF changed by %14.90 increased in value, from 162.75 dollars on 05-06-2024 to 187.0 dollars, increased.

Last year, the price of MKGAF was 183.0 dollars on 06-06-2023, and changed by %2.19 increased in value, to 187.0 dollars increased within a year.

The price of Merck KGaA 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.

MKGAF with AI Stock Forecast & Price Target

MKGAF stock forecast Merck KGaA price target

On the MKGAF chart Merck KGaA price was recorded as 187.0 Dollars on 06/05/2024.

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

The artificial intelligence's prediction error margin for MKGAF 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 Merck KGaA stock over the next 4 months is: 188.0 Dollars.

The commentary on MKGAF stock Target Price: Highest: 204.819 Dollars is predicted.

The commentary on MKGAF stock Target Price: Lowest: 167.577 Dollars is predicted.

Resistance Price where Merck KGaA stock will Rise and Fall:

Date Price Prediction
07-15-2024 204.819
10-03-2024 194.320
11-12-2024 198.357
01-06-2025 180.495
02-20-2025 184.877

Support Price where Merck KGaA stock will Fall and Rise:

Date Price Prediction
08-29-2024 186.844
10-18-2024 193.355
12-17-2024 179.750
01-21-2025 179.499
03-27-2025 167.577

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

The target price for Merck KGaA stock by the end of 2024 is predicted to be 179.762 Dollars.

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

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

MKGAF Support & Resistance and Trend Analysis

MKGAF review Merck KGaA technical analysis trend chart MKGAF priceMKGAF stock support and resistance price chart

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

MKGAF : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the MKGAF review, the Merck KGaA 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.

Merck KGaA Support and Resistance Prices:

MKGAF Support Level Price MKGAF Resistance Level Price
144.73 161.11
150.71 168.13
151.25 168.25
152.05 168.78
152.75 171.23
154.10 173.00
157.00 180.43
160.25 180.68
160.57 181.54
168.18 189.65
176.08
176.26

MKGAF Technical Analysis: SMA, RSI, MACD

MKGAF review Merck KGaA SMA chart analysis MKGAF priceMKGAF buy or sell review Merck KGaA MACD chart analysis MKGAF price

Upon reviewing the MKGAF chart, buy and sell signals have been generated in the Merck KGaA 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 MKGAF stock are as follows:
  1. The technical analysis for MKGAF indicates that the 14-period RSI has most recently generated a 'Sell' signal.
  2. The technical analysis for MKGAF indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
  3. The technical analysis for Merck KGaA issued a 'Buy' signal when the MACD was at 4.461, with the current MACD value being: 4.461

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 Merck KGaA stock: Click here to read more predictions on CSX Corporation stock.

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