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NJDCY Stock Forecast & Nidec Corporation Chart Analysis

This article provides a detailed analysis of NJDCY-Nidec Corporation stock including a forecast for NJDCY shares. It features Nidec Corporation 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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NJDCY Historical Data Review

NJDCY Current Price Performance Analysis

The Nidec Corporation - NJDCY stock traded on the American stock market, on 06-05-2024, closed at 11.88$ with a %-2.54 decreased compared to the previous day.

In the last month, the price of NJDCY changed by %-0.75 decreased in value, from 11.97 dollars on 05-06-2024 to 11.88 dollars, decreased.

Last year, the price of NJDCY was 13.32 dollars on 06-06-2023, and changed by %-10.81 decreased in value, to 11.88 dollars decreased within a year.

The price of Nidec Corporation 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.

NJDCY with AI Stock Forecast & Price Target

NJDCY stock forecast Nidec Corporation price target

On the NJDCY chart Nidec Corporation price was recorded as 11.88 Dollars on 06/05/2024.

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

The artificial intelligence's prediction error margin for NJDCY stock is moderately 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 Nidec Corporation stock over the next 4 months is: 11.2 Dollars.

The commentary on NJDCY stock Target Price: Highest: 13.133 Dollars is predicted.

The commentary on NJDCY stock Target Price: Lowest: 9.481 Dollars is predicted.

Resistance Price where Nidec Corporation stock will Rise and Fall:

Date Price Prediction
06-20-2024 10.956
08-09-2024 11.421
11-22-2024 13.133

Support Price where Nidec Corporation stock will Fall and Rise:

Date Price Prediction
07-05-2024 10.822
09-03-2024 11.031

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

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

The target price for Nidec Corporation stock by the end of 2024 is predicted to be 11.163 Dollars.

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

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

NJDCY Support & Resistance and Trend Analysis

NJDCY review Nidec Corporation technical analysis trend chart NJDCY priceNJDCY stock support and resistance price chart

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

NJDCY : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the NJDCY review, the Nidec Corporation 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.

Nidec Corporation Support and Resistance Prices:

NJDCY Support Level Price NJDCY Resistance Level Price
8.94 9.82
9.03 9.84
9.05 10.09
9.07 10.36
9.34 10.41
9.53 10.92
9.92 12.12
10.23 13.25
10.77

NJDCY Technical Analysis: SMA, RSI, MACD

NJDCY review Nidec Corporation SMA chart analysis NJDCY priceNJDCY buy or sell review Nidec Corporation MACD chart analysis NJDCY price

Upon reviewing the NJDCY chart, buy and sell signals have been generated in the Nidec Corporation 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 NJDCY stock are as follows:
  1. The technical analysis for NJDCY indicates that the 14-period RSI has most recently generated a 'Sell' signal.
  2. The technical analysis for Nidec Corporation 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 Nidec Corporation stock: Click here to read more predictions on Panasonic Holdings Corporation stock.

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