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NDSN Stock Forecast & Nordson Corporation Chart Analysis

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

NDSN Historical Data Review

NDSN Current Price Performance Analysis

The Nordson Corporation - NDSN stock traded on the American stock market, on 06-05-2024, closed at 228.44$ with a %0.17 increased compared to the previous day.

In the last month, the price of NDSN changed by %-15.60 decreased in value, from 270.65 dollars on 05-06-2024 to 228.44 dollars, decreased.

Last year, the price of NDSN was 225.26 dollars on 06-06-2023, and changed by %1.41 increased in value, to 228.44 dollars increased within a year.

The price of Nordson Corporation 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.

NDSN with AI Stock Forecast & Price Target

NDSN stock forecast Nordson Corporation price target

On the NDSN chart Nordson Corporation price was recorded as 228.44 Dollars on 06/05/2024.

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

The artificial intelligence's prediction error margin for NDSN 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 Nordson Corporation stock over the next 4 months is: 280.1 Dollars.

The commentary on NDSN stock Target Price: Highest: 294.793 Dollars is predicted.

The commentary on NDSN stock Target Price: Lowest: 262.694 Dollars is predicted.

Resistance Price where Nordson Corporation stock will Rise and Fall:

Date Price Prediction
06-25-2024 275.371
08-14-2024 263.156
10-23-2024 290.667
12-02-2024 294.793
02-20-2025 287.355

Support Price where Nordson Corporation stock will Fall and Rise:

Date Price Prediction
08-09-2024 262.694
11-07-2024 287.644
01-16-2025 285.087
03-27-2025 275.578

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

The target price for Nordson Corporation stock by the end of 2024 is predicted to be 289.546 Dollars.

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

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

NDSN Support & Resistance and Trend Analysis

NDSN review Nordson Corporation technical analysis trend chart NDSN priceNDSN stock support and resistance price chart

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

NDSN : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the NDSN review, the Nordson 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.

Nordson Corporation Support and Resistance Prices:

NDSN Support Level Price NDSN Resistance Level Price
230.75 242.71
235.95 258.52
236.43 259.63
247.54 263.56
247.83 263.94
250.19 265.99
255.78 266.51
257.71 270.99
258.46 275.67
260.89 278.00
260.98 278.06
279.38

NDSN Technical Analysis: SMA, RSI, MACD

NDSN review Nordson Corporation SMA chart analysis NDSN priceNDSN buy or sell review Nordson Corporation MACD chart analysis NDSN price

Upon reviewing the NDSN chart, buy and sell signals have been generated in the Nordson 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 NDSN stock are as follows:
  1. NDSN technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
  2. The technical analysis for Nordson Corporation gave a 'Buy' signal when the RSI was at 28.253, with the current RSI value at 10.648.
  3. The technical analysis for Nordson Corporation 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 Nordson Corporation stock: Click here to read more predictions on Scottish Mortgage Investment stock.

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