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Takip Edin: @UscMarketsNTNX Stock Forecast & Nutanix Chart Analysis
This article provides a detailed analysis of NTNX-Nutanix stock including a forecast for NTNX shares. It features Nutanix, Inc. 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.
NTNX Historical Data Review
NTNX Current Price Performance Analysis
The Nutanix - NTNX stock traded on the American stock market, on 06-05-2024, closed at 53.33$ with a %-1.22 decreased compared to the previous day.
In the last month, the price of NTNX changed by %-17.87 decreased in value, from 64.93 dollars on 05-06-2024 to 53.33 dollars, decreased.
Last year, the price of NTNX was 29.4 dollars on 06-06-2023, and changed by %81.39 increased in value, to 53.33 dollars increased within a year.
The price of Nutanix 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.
NTNX with AI Stock Forecast & Price Target
On the NTNX chart Nutanix price was recorded as 53.33 Dollars on 06/05/2024.
The artificial intelligence's forecast on NTNX stock is as follows.
The artificial intelligence's prediction error margin for NTNX stock is very 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 Nutanix stock over the next 4 months is: 57.3 Dollars.
The commentary on NTNX stock Target Price: Highest: 71.338 Dollars is predicted.
The commentary on NTNX stock Target Price: Lowest: 49.969 Dollars is predicted.
Resistance Price where Nutanix stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 10-23-2024 | 52.674 |
| 11-12-2024 | 53.833 |
Support Price where Nutanix stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 09-18-2024 | 49.969 |
| 10-28-2024 | 52.673 |
| 12-17-2024 | 52.606 |
The commentary on NTNX stock: Fluctuations in the target price can be expected in the coming days.
The target price for Nutanix stock by the end of 2024 is predicted to be 53.734 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on NTNX stock, and the 2024 target price predictions for Nutanix are detailed above.
The technical analysis and charts for the commentary on NTNX stock are below.
NTNX Support & Resistance and Trend Analysis
NTNX stock you have reviewed the technical analysis support resistance charts regarding.
NTNX : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the NTNX review, the Nutanix 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.
Nutanix Support and Resistance Prices:
| NTNX Support Level Price | NTNX Resistance Level Price |
|---|---|
| 44.50 | 47.83 |
| 45.55 | 59.87 |
| 53.30 | 66.28 |
| 53.75 | 66.51 |
| 58.10 | 66.98 |
| 59.00 | 66.99 |
| 61.14 | 73.69 |
NTNX Technical Analysis: SMA, RSI, MACD
Upon reviewing the NTNX chart, buy and sell signals have been generated in the Nutanix 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 NTNX stock are as follows:- NTNX technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for Nutanix gave a 'Buy' signal when the RSI was at 25.682, with the current RSI value at 25.682.
- The technical analysis for Nutanix 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 Nutanix stock: Click here to read more predictions on Hyatt Hotels Corporation stock.
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