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NNDNF Stock Forecast & Nidec Corporation Chart Analysis

This article provides a detailed analysis of NNDNF-Nidec Corporation stock including a forecast for NNDNF 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

Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.

NNDNF Historical Data Review

NNDNF Current Price Performance Analysis

The Nidec Corporation - NNDNF stock traded on the American stock market, on 06-05-2024, closed at 47.0$ with a %-6.00 decreased compared to the previous day.

In the last month, the price of NNDNF changed by %-1.05 decreased in value, from 47.5 dollars on 05-06-2024 to 47.0 dollars, decreased.

Last year, the price of NNDNF was 53.0 dollars on 06-06-2023, and changed by %-11.32 decreased in value, to 47.0 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.

NNDNF with AI Stock Forecast & Price Target

NNDNF stock forecast Nidec Corporation price target

On the NNDNF chart Nidec Corporation price was recorded as 47.0 Dollars on 06/05/2024.

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

The artificial intelligence's prediction error margin for NNDNF 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 Nidec Corporation stock over the next 4 months is: 38.3 Dollars.

The commentary on NNDNF stock Target Price: Highest: 44.094 Dollars is predicted.

The commentary on NNDNF stock Target Price: Lowest: 31.348 Dollars is predicted.

Resistance Price where Nidec Corporation stock will Rise and Fall:

Date Price Prediction
07-05-2024 44.094
11-22-2024 43.424

Support Price where Nidec Corporation stock will Fall and Rise:

Date Price Prediction
08-29-2024 36.127

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

The commentary on NNDNF 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 37.09 Dollars.

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

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

NNDNF Support & Resistance and Trend Analysis

NNDNF review Nidec Corporation technical analysis trend chart NNDNF priceNNDNF stock support and resistance price chart

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

NNDNF : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the NNDNF 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:

NNDNF Support Level Price NNDNF Resistance Level Price
35.64 39.05
35.74 39.65
35.97 40.22
36.24 40.31
37.60 41.56
39.90 42.70
42.56 47.60
44.58 48.50
52.00

NNDNF Technical Analysis: SMA, RSI, MACD

NNDNF review Nidec Corporation SMA chart analysis NNDNF priceNNDNF buy or sell review Nidec Corporation MACD chart analysis NNDNF price

Upon reviewing the NNDNF 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 NNDNF stock are as follows:
  1. 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 PulteGroup stock.

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