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Takip Edin: @UscMarketsPRYMY Stock Forecast & Prysmian S.p.A. Chart Analysis
This article provides a detailed analysis of PRYMY-Prysmian S.p.A. stock including a forecast for PRYMY 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.
PRYMY Historical Data Review
PRYMY Current Price Performance Analysis
The Prysmian S.p.A. - PRYMY stock traded on the American stock market, on 06-05-2024, closed at 32.02$ with a %-0.28 decreased compared to the previous day.
In the last month, the price of PRYMY changed by %13.99 increased in value, from 28.09 dollars on 05-06-2024 to 32.02 dollars, increased.
Last year, the price of PRYMY was 18.99 dollars on 06-06-2023, and changed by %68.62 increased in value, to 32.02 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.
PRYMY with AI Stock Forecast & Price Target
On the PRYMY chart Prysmian S.p.A. price was recorded as 32.02 Dollars on 06/05/2024.
The artificial intelligence's forecast on PRYMY stock is as follows.
The artificial intelligence's prediction error margin for PRYMY 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: 35.7 Dollars.
The commentary on PRYMY stock Target Price: Highest: 38.46 Dollars is predicted.
The commentary on PRYMY stock Target Price: Lowest: 32.764 Dollars is predicted.
Resistance Price where Prysmian S.p.A. stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 07-25-2024 | 35.765 |
| 10-03-2024 | 38.460 |
| 11-27-2024 | 38.042 |
| 02-10-2025 | 36.092 |
Support Price where Prysmian S.p.A. stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 08-19-2024 | 34.899 |
| 10-28-2024 | 36.914 |
| 01-16-2025 | 35.224 |
| 03-27-2025 | 33.098 |
The commentary on PRYMY 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 35.754 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on PRYMY stock, and the 2024 target price predictions for Prysmian S.p.A. are detailed above.
The technical analysis and charts for the commentary on PRYMY stock are below.
PRYMY Support & Resistance and Trend Analysis
PRYMY stock you have reviewed the technical analysis support resistance charts regarding.
PRYMY : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the PRYMY 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:
| PRYMY Support Level Price | PRYMY Resistance Level Price |
|---|---|
| 18.39 | 19.88 |
| 18.86 | 20.27 |
| 21.60 | 22.45 |
| 21.66 | 22.64 |
| 21.80 | 22.77 |
| 25.57 | 22.96 |
| 24.24 | |
| 27.15 | |
| 27.46 | |
| 27.72 | |
| 32.91 |
PRYMY Technical Analysis: SMA, RSI, MACD
Upon reviewing the PRYMY 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 PRYMY stock are as follows:- 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.
You have read the comments, technical analyses, target prices, and financial reports for Prysmian S.p.A. stock: Click here to read more predictions on Lenovo Group Limited stock.
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