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NEXOF Stock Forecast & NEXON Co. Chart Analysis

This article provides a detailed analysis of NEXOF-NEXON Co. stock including a forecast for NEXOF shares. It features NEXON Co., Ltd. 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.

NEXOF Historical Data Review

NEXOF Current Price Performance Analysis

The NEXON Co. - NEXOF stock traded on the American stock market, on 06-05-2024, closed at 16.2$ with no change compared to the previous day.

In the last month, the price of NEXOF changed by %0.19 increased in value, from 16.17 dollars on 05-06-2024 to 16.2 dollars, increased.

Last year, the price of NEXOF was 22.47 dollars on 06-06-2023, and changed by %-27.90 decreased in value, to 16.2 dollars decreased within a year.

The price of NEXON Co. 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.

NEXOF with AI Stock Forecast & Price Target

NEXOF stock forecast NEXON Co. price target

On the NEXOF chart NEXON Co. price was recorded as 16.2 Dollars on 06/05/2024.

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

The artificial intelligence's prediction error margin for NEXOF 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 NEXON Co. stock over the next 4 months is: 15.4 Dollars.

The commentary on NEXOF stock Target Price: Highest: 17.257 Dollars is predicted.

The commentary on NEXOF stock Target Price: Lowest: 12.844 Dollars is predicted.

Resistance Price where NEXON Co. stock will Rise and Fall:

Date Price Prediction
07-15-2024 17.257
10-08-2024 17.141
02-05-2025 14.231

Support Price where NEXON Co. stock will Fall and Rise:

Date Price Prediction
09-03-2024 15.894
01-16-2025 13.908
03-27-2025 12.844

The commentary on NEXOF stock: The target price can generally be said to be on the decline.

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

The target price for NEXON Co. stock by the end of 2024 is predicted to be 14.339 Dollars.

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

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

NEXOF Support & Resistance and Trend Analysis

NEXOF review NEXON Co. technical analysis trend chart NEXOF priceNEXOF stock support and resistance price chart

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

NEXOF : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the NEXOF review, the NEXON Co. 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.

NEXON Co. Support and Resistance Prices:

NEXOF Support Level Price NEXOF Resistance Level Price
15.80 18.16
16.11 19.36
16.17 21.58
20.00

NEXOF Technical Analysis: SMA, RSI, MACD

NEXOF review NEXON Co. SMA chart analysis NEXOF priceNEXOF buy or sell review NEXON Co. MACD chart analysis NEXOF price

Upon reviewing the NEXOF chart, buy and sell signals have been generated in the NEXON Co. 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 NEXOF stock are as follows:
  1. NEXOF technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
  2. The technical analysis for NEXON Co. gave a 'Buy' signal when the RSI was at 0.0, with the current RSI value at 0.0.
  3. The technical analysis for NEXON Co. 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 NEXON Co. stock: Click here to read more predictions on Fox Corporation stock.

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