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NVT Stock Forecast & nVent Electric plc Chart Analysis

This article provides a detailed analysis of NVT-nVent Electric plc stock including a forecast for NVT shares. It features nVent Electric plc 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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NVT Historical Data Review

NVT Current Price Performance Analysis

The nVent Electric plc - NVT stock traded on the American stock market, on 06-05-2024, closed at 79.36$ with a %3.56 increased compared to the previous day.

In the last month, the price of NVT changed by %3.87 increased in value, from 76.4 dollars on 05-06-2024 to 79.36 dollars, increased.

Last year, the price of NVT was 46.04 dollars on 06-06-2023, and changed by %72.37 increased in value, to 79.36 dollars increased within a year.

The price of nVent Electric plc 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.

NVT with AI Stock Forecast & Price Target

NVT stock forecast nVent Electric plc price target

On the NVT chart nVent Electric plc price was recorded as 79.36 Dollars on 06/05/2024.

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

The artificial intelligence's prediction error margin for NVT 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 nVent Electric plc stock over the next 4 months is: 89.3 Dollars.

The commentary on NVT stock Target Price: Highest: 97.472 Dollars is predicted.

The commentary on NVT stock Target Price: Lowest: 79.33 Dollars is predicted.

Resistance Price where nVent Electric plc stock will Rise and Fall:

Date Price Prediction
07-30-2024 85.566
10-08-2024 87.144
12-12-2024 96.610
02-10-2025 97.472

Support Price where nVent Electric plc stock will Fall and Rise:

Date Price Prediction
06-25-2024 79.330
09-03-2024 81.968
10-18-2024 87.105
01-06-2025 95.107
03-27-2025 89.336

The commentary on NVT stock: The target price can generally be said to be on the rise.

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

The target price for nVent Electric plc stock by the end of 2024 is predicted to be 95.719 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on NVT stock, and the 2024 target price predictions for nVent Electric plc are detailed above.

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

NVT Support & Resistance and Trend Analysis

NVT review nVent Electric plc technical analysis trend chart NVT priceNVT stock support and resistance price chart

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

NVT : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the NVT review, the nVent Electric plc 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.

nVent Electric plc Support and Resistance Prices:

NVT Support Level Price NVT Resistance Level Price
52.26 55.35
55.19 59.04
55.82 59.40
60.29 59.58
61.23 66.58
69.38 78.98
79.42 83.78
85.75
86.57

NVT Technical Analysis: SMA, RSI, MACD

NVT review nVent Electric plc SMA chart analysis NVT priceNVT buy or sell review nVent Electric plc MACD chart analysis NVT price

Upon reviewing the NVT chart, buy and sell signals have been generated in the nVent Electric plc 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 NVT stock are as follows:
  1. The technical analysis for nVent Electric plc 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 nVent Electric plc stock: Click here to read more predictions on NiSource stock.

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