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Takip Edin: @UscMarketsNVZMY Stock Forecast & Novozymes A/S Chart Analysis
This article provides a detailed analysis of NVZMY-Novozymes A/S stock including a forecast for NVZMY 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
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NVZMY Historical Data Review
NVZMY Current Price Performance Analysis
The Novozymes A/S - NVZMY stock traded on the American stock market, on 06-05-2024, closed at 61.58$ with a %0.51 increased compared to the previous day.
In the last month, the price of NVZMY changed by %5.19 increased in value, from 58.54 dollars on 05-06-2024 to 61.58 dollars, increased.
Last year, the price of NVZMY was 50.05 dollars on 06-06-2023, and changed by %23.04 increased in value, to 61.58 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.
NVZMY with AI Stock Forecast & Price Target
On the NVZMY chart Novozymes A/S price was recorded as 61.58 Dollars on 06/05/2024.
The artificial intelligence's forecast on NVZMY stock is as follows.
The artificial intelligence's prediction error margin for NVZMY 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 NVZMY stock Target Price: Highest: 71.163 Dollars is predicted.
The commentary on NVZMY stock Target Price: Lowest: 60.366 Dollars is predicted.
Resistance Price where Novozymes A/S stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 07-05-2024 | 64.624 |
| 11-22-2024 | 71.163 |
| 02-25-2025 | 66.071 |
Support Price where Novozymes A/S stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 08-29-2024 | 60.366 |
| 01-01-2025 | 63.793 |
| 04-01-2025 | 63.889 |
The commentary on NVZMY stock: The target price can generally be said to be on the rise.
The commentary on NVZMY 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 63.978 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on NVZMY stock, and the 2024 target price predictions for Novozymes A/S are detailed above.
The technical analysis and charts for the commentary on NVZMY stock are below.
NVZMY Support & Resistance and Trend Analysis
NVZMY stock you have reviewed the technical analysis support resistance charts regarding.
NVZMY : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the NVZMY 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:
| NVZMY Support Level Price | NVZMY Resistance Level Price |
|---|---|
| 49.99 | 54.20 |
| 50.29 | 54.31 |
| 50.54 | 55.54 |
| 50.80 | 56.21 |
| 52.96 | 61.86 |
| 54.13 | 62.40 |
| 58.26 | 63.89 |
| 59.12 |
NVZMY Technical Analysis: SMA, RSI, MACD
Upon reviewing the NVZMY 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 NVZMY stock are as follows:- The technical analysis for NVZMY indicates that the 14-period RSI has most recently generated a 'Sell' signal.
- 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.
You have read the comments, technical analyses, target prices, and financial reports for Novozymes A/S stock: Click here to read more predictions on Barrick Gold Corporation stock.
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