NEXOY Stock Forecast & NEXON Co. Chart Analysis
This article provides a detailed analysis of NEXOY-NEXON Co. stock including a forecast for NEXOY 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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NEXOY Historical Data Review
NEXOY Current Price Performance Analysis
The NEXON Co. - NEXOY stock traded on the American stock market, on 06-05-2024, closed at 17.64$ with a %-0.11 decreased compared to the previous day.
In the last month, the price of NEXOY changed by %8.89 increased in value, from 16.2 dollars on 05-06-2024 to 17.64 dollars, increased.
Last year, the price of NEXOY was 21.34 dollars on 06-06-2023, and changed by %-17.34 decreased in value, to 17.64 dollars decreased within a year.
The price of NEXON Co. 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.
NEXOY with AI Stock Forecast & Price Target
On the NEXOY chart NEXON Co. price was recorded as 17.64 Dollars on 06/05/2024.
The artificial intelligence's forecast on NEXOY stock is as follows.
The artificial intelligence's prediction error margin for NEXOY 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: 15.0 Dollars.
The commentary on NEXOY stock Target Price: Highest: 16.632 Dollars is predicted.
The commentary on NEXOY stock Target Price: Lowest: 12.91 Dollars is predicted.
Resistance Price where NEXON Co. stock will Rise and Fall:
Date | Price Prediction |
---|---|
07-15-2024 | 16.453 |
10-08-2024 | 16.632 |
02-05-2025 | 14.121 |
Support Price where NEXON Co. stock will Fall and Rise:
Date | Price Prediction |
---|---|
06-25-2024 | 16.163 |
08-29-2024 | 15.144 |
01-16-2025 | 13.936 |
03-17-2025 | 12.910 |
The commentary on NEXOY stock: The target price can generally be said to be on the decline.
The commentary on NEXOY 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 14.034 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on NEXOY stock, and the 2024 target price predictions for NEXON Co. are detailed above.
The technical analysis and charts for the commentary on NEXOY stock are below.
NEXOY Support & Resistance and Trend Analysis
NEXOY stock you have reviewed the technical analysis support resistance charts regarding.
NEXOY : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the NEXOY 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:
NEXOY Support Level Price | NEXOY Resistance Level Price |
---|---|
14.73 | 16.64 |
15.30 | 17.47 |
15.50 | 17.77 |
15.53 | 17.87 |
15.64 | 18.00 |
15.75 | 18.37 |
16.13 | 19.55 |
16.27 | 20.72 |
NEXOY Technical Analysis: SMA, RSI, MACD
Upon reviewing the NEXOY 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 NEXOY stock are as follows:- NEXOY 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 14.984, with the current RSI value at 50.826.
- The technical analysis for NEXOY indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
- The technical analysis for NEXON Co. issued a 'Buy' signal when the MACD was at 0.175, with the current MACD value being: 0.225
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 Koninklijke KPN N.V. stock.
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