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
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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
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 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
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:- NEXOF technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- 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.
- 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.
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