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NVZMF Stock Forecast & Novozymes A/S Chart Analysis

This article provides a detailed analysis of NVZMF-Novozymes A/S stock including a forecast for NVZMF shares. It features Novozymes A/S 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.

NVZMF Historical Data Review

NVZMF Current Price Performance Analysis

The Novozymes A/S - NVZMF stock traded on the American stock market, on 06-05-2024, closed at 61.62$ with a %3.82 increased compared to the previous day.

In the last month, the price of NVZMF changed by %3.63 increased in value, from 59.46 dollars on 05-06-2024 to 61.62 dollars, increased.

Last year, the price of NVZMF was 47.57 dollars on 06-06-2023, and changed by %29.54 increased in value, to 61.62 dollars increased within a year.

The price of Novozymes A/S 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.

NVZMF with AI Stock Forecast & Price Target

NVZMF stock forecast Novozymes A/S price target

On the NVZMF chart Novozymes A/S price was recorded as 61.62 Dollars on 06/05/2024.

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

The artificial intelligence's prediction error margin for NVZMF 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 Novozymes A/S stock over the next 4 months is: 65.4 Dollars.

The commentary on NVZMF stock Target Price: Highest: 71.347 Dollars is predicted.

The commentary on NVZMF stock Target Price: Lowest: 60.31 Dollars is predicted.

Resistance Price where Novozymes A/S stock will Rise and Fall:

Date Price Prediction
07-05-2024 64.056
11-22-2024 71.347
02-25-2025 66.498

Support Price where Novozymes A/S stock will Fall and Rise:

Date Price Prediction
08-29-2024 60.310
01-01-2025 64.092
04-01-2025 63.820

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

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

The target price for Novozymes A/S stock by the end of 2024 is predicted to be 64.172 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on NVZMF stock, and the 2024 target price predictions for Novozymes A/S are detailed above.

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

NVZMF Support & Resistance and Trend Analysis

NVZMF review Novozymes A/S technical analysis trend chart NVZMF priceNVZMF stock support and resistance price chart

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

NVZMF : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the NVZMF review, the Novozymes A/S 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.

Novozymes A/S Support and Resistance Prices:

NVZMF Support Level Price NVZMF Resistance Level Price
49.89 53.87
50.11 53.88
50.87 54.02
51.39 54.75
51.50 54.99
51.67 55.20
52.51 56.45
56.65 60.88
58.00 62.80
58.11 63.63

NVZMF Technical Analysis: SMA, RSI, MACD

NVZMF review Novozymes A/S SMA chart analysis NVZMF priceNVZMF buy or sell review Novozymes A/S MACD chart analysis NVZMF price

Upon reviewing the NVZMF chart, buy and sell signals have been generated in the Novozymes A/S 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 NVZMF stock are as follows:
  1. The technical analysis for NVZMF indicates that the 14-period RSI has most recently generated a 'Sell' signal.
  2. The technical analysis for Novozymes A/S 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.

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