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PHG Stock Forecast & Koninklijke Philips N.V. Chart Analysis

This article provides a detailed analysis of PHG-Koninklijke Philips N.V. stock including a forecast for PHG shares. It features Koninklijke Philips N.V. 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.

PHG Historical Data Review

PHG Current Price Performance Analysis

The Koninklijke Philips N.V. - PHG stock traded on the American stock market, on 06-05-2024, closed at 26.49$ with a %-0.11 decreased compared to the previous day.

In the last month, the price of PHG changed by %-1.45 decreased in value, from 26.88 dollars on 05-06-2024 to 26.49 dollars, decreased.

Last year, the price of PHG was 19.35 dollars on 06-06-2023, and changed by %36.90 increased in value, to 26.49 dollars increased within a year.

The price of Koninklijke Philips N.V. 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.

PHG with AI Stock Forecast & Price Target

PHG stock forecast Koninklijke Philips N.V. price target

On the PHG chart Koninklijke Philips N.V. price was recorded as 26.49 Dollars on 06/05/2024.

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

The artificial intelligence's prediction error margin for PHG 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 Koninklijke Philips N.V. stock over the next 4 months is: 23.1 Dollars.

The commentary on PHG stock Target Price: Highest: 25.065 Dollars is predicted.

The commentary on PHG stock Target Price: Lowest: 20.704 Dollars is predicted.

Resistance Price where Koninklijke Philips N.V. stock will Rise and Fall:

Date Price Prediction
10-03-2024 24.307
12-02-2024 25.065
03-07-2025 23.963

Support Price where Koninklijke Philips N.V. stock will Fall and Rise:

Date Price Prediction
07-25-2024 20.704
10-28-2024 22.520
01-21-2025 23.153
03-27-2025 23.508

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

The target price for Koninklijke Philips N.V. stock by the end of 2024 is predicted to be 23.822 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on PHG stock, and the 2024 target price predictions for Koninklijke Philips N.V. are detailed above.

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

PHG Support & Resistance and Trend Analysis

PHG review Koninklijke Philips N.V. technical analysis trend chart PHG pricePHG stock support and resistance price chart

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

PHG : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the PHG review, the Koninklijke Philips N.V. 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.

Koninklijke Philips N.V. Support and Resistance Prices:

PHG Support Level Price PHG Resistance Level Price
19.49 20.73
19.55 21.06
19.75 21.15
19.88 21.22
19.91 21.52
22.56 21.66
25.92 23.65
26.31 24.27
27.43
28.14
29.44

PHG Technical Analysis: SMA, RSI, MACD

PHG review Koninklijke Philips N.V. SMA chart analysis PHG pricePHG buy or sell review Koninklijke Philips N.V. MACD chart analysis PHG price

Upon reviewing the PHG chart, buy and sell signals have been generated in the Koninklijke Philips N.V. 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 PHG stock are as follows:
  1. The technical analysis for PHG indicates that the 14-period RSI has most recently generated a 'Sell' signal.
  2. The technical analysis for Koninklijke Philips N.V. 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 Koninklijke Philips N.V. stock: Click here to read more predictions on Moncler S.p.A. stock.

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