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Takip Edin: @UscMarketsNPSCY Stock Forecast & Nippon Steel Corporation Chart Analysis
This article provides a detailed analysis of NPSCY-Nippon Steel Corporation stock including a forecast for NPSCY shares. It features Nippon Steel 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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NPSCY Historical Data Review
NPSCY Current Price Performance Analysis
The Nippon Steel Corporation - NPSCY stock traded on the American stock market, on 06-05-2024, closed at 7.3$ with a %-2.54 decreased compared to the previous day.
In the last month, the price of NPSCY changed by %-4.07 decreased in value, from 7.61 dollars on 05-06-2024 to 7.3 dollars, decreased.
Last year, the price of NPSCY was 7.03 dollars on 06-06-2023, and changed by %3.84 increased in value, to 7.3 dollars increased within a year.
The price of Nippon Steel Corporation 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.
NPSCY with AI Stock Forecast & Price Target
On the NPSCY chart Nippon Steel Corporation price was recorded as 7.3 Dollars on 06/05/2024.
The artificial intelligence's forecast on NPSCY stock is as follows.
The artificial intelligence's prediction error margin for NPSCY 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 Nippon Steel Corporation stock over the next 4 months is: 6.9 Dollars.
The commentary on NPSCY stock Target Price: Highest: 7.708 Dollars is predicted.
The commentary on NPSCY stock Target Price: Lowest: 6.227 Dollars is predicted.
Resistance Price where Nippon Steel Corporation stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 07-30-2024 | 7.708 |
| 02-10-2025 | 7.154 |
Support Price where Nippon Steel Corporation stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 11-07-2024 | 6.227 |
| 03-27-2025 | 6.564 |
The commentary on NPSCY stock: Fluctuations in the target price can be expected in the coming days.
The target price for Nippon Steel Corporation stock by the end of 2024 is predicted to be 6.655 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on NPSCY stock, and the 2024 target price predictions for Nippon Steel Corporation are detailed above.
The technical analysis and charts for the commentary on NPSCY stock are below.
NPSCY Support & Resistance and Trend Analysis
NPSCY stock you have reviewed the technical analysis support resistance charts regarding.
NPSCY : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the NPSCY review, the Nippon Steel 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.
Nippon Steel Corporation Support and Resistance Prices:
| NPSCY Support Level Price | NPSCY Resistance Level Price |
|---|---|
| 6.84 | 7.33 |
| 6.88 | 7.54 |
| 6.93 | 7.80 |
| 7.08 | 7.93 |
| 7.48 | 7.95 |
| 7.50 | 7.99 |
| 7.61 | 8.17 |
| 7.67 | 8.38 |
| 7.83 | 8.53 |
| 8.62 | |
| 8.67 |
NPSCY Technical Analysis: SMA, RSI, MACD
Upon reviewing the NPSCY chart, buy and sell signals have been generated in the Nippon Steel 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 NPSCY stock are as follows:- NPSCY technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for Nippon Steel Corporation gave a 'Buy' signal when the RSI was at 20.833, with the current RSI value at 52.532.
- The technical analysis for Nippon Steel 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 Nippon Steel Corporation stock: Click here to read more predictions on China Tower Corporation stock.
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