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Takip Edin: @UscMarketsPKX Stock Forecast & POSCO Holdings Chart Analysis
This article provides a detailed analysis of PKX-POSCO Holdings Inc. stock including a forecast for PKX shares. It features POSCO Holdings 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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PKX Historical Data Review
PKX Current Price Performance Analysis
The POSCO Holdings - PKX stock traded on the American stock market, on 06-05-2024, closed at 69.65$ with a %2.83 increased compared to the previous day.
In the last month, the price of PKX changed by %-7.20 decreased in value, from 75.05 dollars on 05-06-2024 to 69.65 dollars, decreased.
Last year, the price of PKX was 74.57 dollars on 06-06-2023, and changed by %-6.60 decreased in value, to 69.65 dollars decreased within a year.
The price of POSCO Holdings stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.
PKX with AI Stock Forecast & Price Target
On the PKX chart POSCO Holdings price was recorded as 69.65 Dollars on 06/05/2024.
The artificial intelligence's forecast on PKX stock is as follows.
The artificial intelligence's prediction error margin for PKX stock is 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 POSCO Holdings stock over the next 4 months is: 71.2 Dollars.
The commentary on PKX stock Target Price: Highest: 86.084 Dollars is predicted.
The commentary on PKX stock Target Price: Lowest: 61.853 Dollars is predicted.
Resistance Price where POSCO Holdings stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 09-18-2024 | 66.206 |
| 01-16-2025 | 86.084 |
| 02-20-2025 | 82.527 |
Support Price where POSCO Holdings stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 08-29-2024 | 64.354 |
| 10-18-2024 | 61.853 |
| 02-05-2025 | 82.254 |
| 04-01-2025 | 71.644 |
The commentary on PKX stock: Fluctuations in the target price can be expected in the coming days.
The target price for POSCO Holdings stock by the end of 2024 is predicted to be 81.789 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on PKX stock, and the 2024 target price predictions for POSCO Holdings are detailed above.
The technical analysis and charts for the commentary on PKX stock are below.
PKX Support & Resistance and Trend Analysis
PKX stock you have reviewed the technical analysis support resistance charts regarding.
PKX : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the PKX review, the POSCO Holdings 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.
POSCO Holdings Support and Resistance Prices:
| PKX Support Level Price | PKX Resistance Level Price |
|---|---|
| 67.53 | 75.30 |
| 70.08 | 75.56 |
| 71.34 | 86.10 |
| 73.32 | 86.52 |
| 79.59 | 94.38 |
| 79.61 | 96.98 |
| 84.80 | 98.00 |
| 85.50 |
PKX Technical Analysis: SMA, RSI, MACD
Upon reviewing the PKX chart, buy and sell signals have been generated in the POSCO Holdings 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 PKX stock are as follows:- PKX technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for POSCO Holdings gave a 'Buy' signal when the RSI was at 28.287, with the current RSI value at 26.712.
- The technical analysis for POSCO Holdings 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 POSCO Holdings stock: Click here to read more predictions on Sands China Ltd. stock.
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