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Takip Edin: @UscMarketsNET Stock Forecast & Cloudflare Chart Analysis
This article provides a detailed analysis of NET-Cloudflare stock including a forecast for NET shares. It features Cloudflare, 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
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NET Historical Data Review
NET Current Price Performance Analysis
The Cloudflare - NET stock traded on the American stock market, on 06-05-2024, closed at 69.85$ with a %2.69 increased compared to the previous day.
In the last month, the price of NET changed by %-5.99 decreased in value, from 74.3 dollars on 05-06-2024 to 69.85 dollars, decreased.
Last year, the price of NET was 68.62 dollars on 06-06-2023, and changed by %1.79 increased in value, to 69.85 dollars increased within a year.
The price of Cloudflare 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.
NET with AI Stock Forecast & Price Target
On the NET chart Cloudflare price was recorded as 69.85 Dollars on 06/05/2024.
The artificial intelligence's forecast on NET stock is as follows.
The artificial intelligence's prediction error margin for NET 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 Cloudflare stock over the next 4 months is: 153.3 Dollars.
The commentary on NET stock Target Price: Highest: 211.157 Dollars is predicted.
The commentary on NET stock Target Price: Lowest: 99.506 Dollars is predicted.
Resistance Price where Cloudflare stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 07-30-2024 | 128.742 |
| 10-03-2024 | 211.157 |
| 02-25-2025 | 180.228 |
Support Price where Cloudflare stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 08-09-2024 | 127.130 |
| 12-12-2024 | 140.187 |
| 04-01-2025 | 142.348 |
The commentary on NET stock: The target price can generally be said to be on the rise.
The commentary on NET stock: Fluctuations in the target price can be expected in the coming days.
The target price for Cloudflare stock by the end of 2024 is predicted to be 146.249 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on NET stock, and the 2024 target price predictions for Cloudflare are detailed above.
The technical analysis and charts for the commentary on NET stock are below.
NET Support & Resistance and Trend Analysis
NET stock you have reviewed the technical analysis support resistance charts regarding.
NET : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the NET review, the Cloudflare 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.
Cloudflare Support and Resistance Prices:
| NET Support Level Price | NET Resistance Level Price |
|---|---|
| 71.77 | 76.35 |
| 72.68 | 85.48 |
| 72.83 | 86.90 |
| 74.37 | 86.91 |
| 75.73 | 87.17 |
| 78.14 | 91.59 |
| 83.14 | 97.89 |
| 86.03 | 100.90 |
| 90.80 | 104.02 |
| 93.40 | 109.83 |
| 116.00 |
NET Technical Analysis: SMA, RSI, MACD
Upon reviewing the NET chart, buy and sell signals have been generated in the Cloudflare 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 NET stock are as follows:- NET technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for Cloudflare gave a 'Buy' signal when the RSI was at 26.434, with the current RSI value at 37.044.
- The technical analysis for NET indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
- The technical analysis for Cloudflare issued a 'Buy' signal when the MACD was at -3.827, with the current MACD value being: -3.827
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 Cloudflare stock: Click here to read more predictions on ON Semiconductor Corporation stock.
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