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PRYMF Stock Forecast & Prysmian S.p.A. Chart Analysis

This article provides a detailed analysis of PRYMF-Prysmian S.p.A. stock including a forecast for PRYMF shares. It features Prysmian S.p.A. 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.

PRYMF Historical Data Review

PRYMF Current Price Performance Analysis

The Prysmian S.p.A. - PRYMF stock traded on the American stock market, on 06-05-2024, closed at 65.79$ with a %-0.32 decreased compared to the previous day.

In the last month, the price of PRYMF changed by %21.23 increased in value, from 54.27 dollars on 05-06-2024 to 65.79 dollars, increased.

Last year, the price of PRYMF was 37.91 dollars on 06-06-2023, and changed by %73.54 increased in value, to 65.79 dollars increased within a year.

The price of Prysmian S.p.A. 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.

PRYMF with AI Stock Forecast & Price Target

PRYMF stock forecast Prysmian S.p.A. price target

On the PRYMF chart Prysmian S.p.A. price was recorded as 65.79 Dollars on 06/05/2024.

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

The artificial intelligence's prediction error margin for PRYMF 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 Prysmian S.p.A. stock over the next 4 months is: 68.3 Dollars.

The commentary on PRYMF stock Target Price: Highest: 74.118 Dollars is predicted.

The commentary on PRYMF stock Target Price: Lowest: 62.648 Dollars is predicted.

Resistance Price where Prysmian S.p.A. stock will Rise and Fall:

Date Price Prediction
07-25-2024 69.580
10-03-2024 74.118
11-22-2024 71.232
02-10-2025 68.269

Support Price where Prysmian S.p.A. stock will Fall and Rise:

Date Price Prediction
08-29-2024 67.025
11-07-2024 70.355
01-06-2025 65.654
03-27-2025 62.648

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

The target price for Prysmian S.p.A. stock by the end of 2024 is predicted to be 66.476 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on PRYMF stock, and the 2024 target price predictions for Prysmian S.p.A. are detailed above.

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

PRYMF Support & Resistance and Trend Analysis

PRYMF review Prysmian S.p.A. technical analysis trend chart PRYMF pricePRYMF stock support and resistance price chart

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

PRYMF : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the PRYMF review, the Prysmian S.p.A. 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.

Prysmian S.p.A. Support and Resistance Prices:

PRYMF Support Level Price PRYMF Resistance Level Price
35.65 39.79
36.85 40.33
37.45 42.05
41.85 47.19
41.86 49.28
43.28 55.59
49.35 56.00
50.10 57.00
52.13 62.15
58.57 67.09
62.00 67.57

PRYMF Technical Analysis: SMA, RSI, MACD

PRYMF review Prysmian S.p.A. SMA chart analysis PRYMF pricePRYMF buy or sell review Prysmian S.p.A. MACD chart analysis PRYMF price

Upon reviewing the PRYMF chart, buy and sell signals have been generated in the Prysmian S.p.A. 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 PRYMF stock are as follows:
  1. The technical analysis for Prysmian S.p.A. 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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