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OTSKY Stock Forecast & Otsuka Holdings Co. Chart Analysis

This article provides a detailed analysis of OTSKY-Otsuka Holdings Co. stock including a forecast for OTSKY shares. It features Otsuka Holdings Co., Ltd. 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.

OTSKY Historical Data Review

OTSKY Current Price Performance Analysis

The Otsuka Holdings Co. - OTSKY stock traded on the American stock market, on 06-05-2024, closed at 21.11$ with a %2.48 increased compared to the previous day.

In the last month, the price of OTSKY changed by %1.54 increased in value, from 20.79 dollars on 05-06-2024 to 21.11 dollars, increased.

Last year, the price of OTSKY was 19.27 dollars on 06-06-2023, and changed by %9.55 increased in value, to 21.11 dollars increased within a year.

The price of Otsuka Holdings Co. 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.

OTSKY with AI Stock Forecast & Price Target

OTSKY stock forecast Otsuka Holdings Co. price target

On the OTSKY chart Otsuka Holdings Co. price was recorded as 21.11 Dollars on 06/05/2024.

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

The artificial intelligence's prediction error margin for OTSKY 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 Otsuka Holdings Co. stock over the next 4 months is: 21.6 Dollars.

The commentary on OTSKY stock Target Price: Highest: 22.941 Dollars is predicted.

The commentary on OTSKY stock Target Price: Lowest: 19.045 Dollars is predicted.

Resistance Price where Otsuka Holdings Co. stock will Rise and Fall:

Date Price Prediction
12-12-2024 22.825
01-16-2025 22.941

Support Price where Otsuka Holdings Co. stock will Fall and Rise:

Date Price Prediction
07-15-2024 19.045
12-17-2024 22.794
03-07-2025 21.931

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

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

The target price for Otsuka Holdings Co. stock by the end of 2024 is predicted to be 22.813 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on OTSKY stock, and the 2024 target price predictions for Otsuka Holdings Co. are detailed above.

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

OTSKY Support & Resistance and Trend Analysis

OTSKY review Otsuka Holdings Co. technical analysis trend chart OTSKY priceOTSKY stock support and resistance price chart

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

OTSKY : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the OTSKY review, the Otsuka Holdings Co. 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.

Otsuka Holdings Co. Support and Resistance Prices:

OTSKY Support Level Price OTSKY Resistance Level Price
17.10 18.93
17.41 19.85
17.66 20.12
18.25 20.84
19.09 21.26
19.30 21.34
19.73 22.00
19.83

OTSKY Technical Analysis: SMA, RSI, MACD

OTSKY review Otsuka Holdings Co. SMA chart analysis OTSKY priceOTSKY buy or sell review Otsuka Holdings Co. MACD chart analysis OTSKY price

Upon reviewing the OTSKY chart, buy and sell signals have been generated in the Otsuka Holdings Co. 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 OTSKY stock are as follows:
  1. OTSKY technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
  2. The technical analysis for Otsuka Holdings Co. gave a 'Buy' signal when the RSI was at 29.588, with the current RSI value at 48.056.
  3. The technical analysis for OTSKY indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
  4. The technical analysis for Otsuka Holdings Co. issued a 'Buy' signal when the MACD was at -0.108, with the current MACD value being: -0.034

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 Otsuka Holdings Co. stock: Click here to read more predictions on MTR Corporation Limited stock.

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