PINS Stock Forecast & Pinterest Chart Analysis
This article provides a detailed analysis of PINS-Pinterest stock including a forecast for PINS shares. It features Pinterest, Inc. 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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PINS Historical Data Review
PINS Current Price Performance Analysis
The Pinterest - PINS stock traded on the American stock market, on 06-05-2024, closed at 41.21$ with a %1.30 increased compared to the previous day.
In the last month, the price of PINS changed by %-0.41 decreased in value, from 41.38 dollars on 05-06-2024 to 41.21 dollars, decreased.
Last year, the price of PINS was 24.63 dollars on 06-06-2023, and changed by %67.32 increased in value, to 41.21 dollars increased within a year.
The price of Pinterest 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.
PINS with AI Stock Forecast & Price Target
On the PINS chart Pinterest price was recorded as 41.21 Dollars on 06/05/2024.
The artificial intelligence's forecast on PINS stock is as follows.
The artificial intelligence's prediction error margin for PINS 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 Pinterest stock over the next 4 months is: 38.0 Dollars.
The commentary on PINS stock Target Price: Highest: 45.324 Dollars is predicted.
The commentary on PINS stock Target Price: Lowest: 34.018 Dollars is predicted.
Resistance Price where Pinterest stock will Rise and Fall:
Date | Price Prediction |
---|---|
09-18-2024 | 39.959 |
12-02-2024 | 36.281 |
Support Price where Pinterest stock will Fall and Rise:
Date | Price Prediction |
---|---|
07-25-2024 | 36.366 |
11-07-2024 | 34.479 |
The commentary on PINS stock: Fluctuations in the target price can be expected in the coming days.
The target price for Pinterest stock by the end of 2024 is predicted to be 35.177 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on PINS stock, and the 2024 target price predictions for Pinterest are detailed above.
The technical analysis and charts for the commentary on PINS stock are below.
PINS Support & Resistance and Trend Analysis
PINS stock you have reviewed the technical analysis support resistance charts regarding.
PINS : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the PINS review, the Pinterest 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.
Pinterest Support and Resistance Prices:
PINS Support Level Price | PINS Resistance Level Price |
---|---|
30.56 | 35.03 |
30.96 | 37.09 |
33.52 | 37.27 |
34.33 | 38.24 |
34.49 | 38.66 |
35.36 | 41.14 |
35.69 | 41.60 |
43.12 |
PINS Technical Analysis: SMA, RSI, MACD
Upon reviewing the PINS chart, buy and sell signals have been generated in the Pinterest 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 PINS stock are as follows:- The technical analysis for PINS indicates that the 14-period RSI has most recently generated a 'Sell' signal.
- The technical analysis for Pinterest 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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