Disclaimer Statement

Updated:

Author: Engineer USC

NESRF Stock Forecast & Northern Star Resources Chart Analysis

This article provides a detailed analysis of NESRF-Northern Star Resources stock including a forecast for NESRF shares. It features Northern Star Resources 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.

NESRF Historical Data Review

NESRF Current Price Performance Analysis

The Northern Star Resources - NESRF stock traded on the American stock market, on 06-05-2024, closed at 9.71$ with a %2.32 increased compared to the previous day.

In the last month, the price of NESRF changed by %3.63 increased in value, from 9.37 dollars on 05-06-2024 to 9.71 dollars, increased.

Last year, the price of NESRF was 8.84 dollars on 06-06-2023, and changed by %9.84 increased in value, to 9.71 dollars increased within a year.

The price of Northern Star Resources 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.

NESRF with AI Stock Forecast & Price Target

NESRF stock forecast Northern Star Resources price target

On the NESRF chart Northern Star Resources price was recorded as 9.71 Dollars on 06/05/2024.

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

The artificial intelligence's prediction error margin for NESRF 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 Northern Star Resources stock over the next 4 months is: 10.8 Dollars.

The commentary on NESRF stock Target Price: Highest: 11.788 Dollars is predicted.

The commentary on NESRF stock Target Price: Lowest: 9.546 Dollars is predicted.

Resistance Price where Northern Star Resources stock will Rise and Fall:

Date Price Prediction
07-05-2024 11.077
10-03-2024 11.673
12-02-2024 11.788
02-20-2025 11.339

Support Price where Northern Star Resources stock will Fall and Rise:

Date Price Prediction
08-09-2024 9.546
10-28-2024 11.110
01-06-2025 10.436
04-01-2025 10.119

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

The target price for Northern Star Resources stock by the end of 2024 is predicted to be 10.676 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on NESRF stock, and the 2024 target price predictions for Northern Star Resources are detailed above.

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

NESRF Support & Resistance and Trend Analysis

NESRF review Northern Star Resources technical analysis trend chart NESRF priceNESRF stock support and resistance price chart

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

NESRF : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the NESRF review, the Northern Star Resources 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.

Northern Star Resources Support and Resistance Prices:

NESRF Support Level Price NESRF Resistance Level Price
7.69 7.80
7.77 8.67
8.11 8.70
8.21 9.00
8.55 9.45
8.65 9.66
9.10 9.92
9.25 10.02
10.10

NESRF Technical Analysis: SMA, RSI, MACD

NESRF review Northern Star Resources SMA chart analysis NESRF priceNESRF buy or sell review Northern Star Resources MACD chart analysis NESRF price

Upon reviewing the NESRF chart, buy and sell signals have been generated in the Northern Star Resources 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 NESRF stock are as follows:
  1. NESRF technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
  2. The technical analysis for Northern Star Resources gave a 'Buy' signal when the RSI was at 27.545, with the current RSI value at 45.989.
  3. The technical analysis for Northern Star Resources 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 Northern Star Resources stock: Click here to read more predictions on Volvo Car AB stock.

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