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Takip Edin: @UscMarketsSDVKF Stock Forecast & Sandvik AB (publ) Chart Analysis
This article provides a detailed analysis of SDVKF-Sandvik AB (publ) stock including a forecast for SDVKF shares. It features Sandvik AB (publ) 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.
SDVKF Historical Data Review
SDVKF Current Price Performance Analysis
The Sandvik AB (publ) - SDVKF stock traded on the American stock market, on 06-05-2024, closed at 21.63$ with no change compared to the previous day.
In the last month, the price of SDVKF changed by %6.19 increased in value, from 20.37 dollars on 05-06-2024 to 21.63 dollars, increased.
Last year, the price of SDVKF was 20.33 dollars on 06-06-2023, and changed by %6.39 increased in value, to 21.63 dollars increased within a year.
The price of Sandvik AB (publ) 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.
SDVKF with AI Stock Forecast & Price Target
On the SDVKF chart Sandvik AB (publ) price was recorded as 21.63 Dollars on 06/05/2024.
The artificial intelligence's forecast on SDVKF stock is as follows.
The artificial intelligence's prediction error margin for SDVKF stock is very 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 Sandvik AB (publ) stock over the next 4 months is: 20.7 Dollars.
The commentary on SDVKF stock Target Price: Highest: 22.175 Dollars is predicted.
The commentary on SDVKF stock Target Price: Lowest: 19.079 Dollars is predicted.
Resistance Price where Sandvik AB (publ) stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 11-27-2024 | 22.175 |
| 02-25-2025 | 19.587 |
Support Price where Sandvik AB (publ) stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 08-29-2024 | 19.924 |
| 02-10-2025 | 19.371 |
| 03-27-2025 | 19.079 |
The commentary on SDVKF stock: The target price can generally be said to be on the decline.
The commentary on SDVKF stock: Fluctuations in the target price can be expected in the coming days.
The target price for Sandvik AB (publ) stock by the end of 2024 is predicted to be 21.592 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on SDVKF stock, and the 2024 target price predictions for Sandvik AB (publ) are detailed above.
The technical analysis and charts for the commentary on SDVKF stock are below.
SDVKF Support & Resistance and Trend Analysis
SDVKF stock you have reviewed the technical analysis support resistance charts regarding.
SDVKF : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the SDVKF review, the Sandvik AB (publ) 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.
Sandvik AB (publ) Support and Resistance Prices:
| SDVKF Support Level Price | SDVKF Resistance Level Price |
|---|---|
| 20.16 | 21.15 |
| 21.78 | |
| 23.38 |
SDVKF Technical Analysis: SMA, RSI, MACD
Upon reviewing the SDVKF chart, buy and sell signals have been generated in the Sandvik AB (publ) 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 SDVKF stock are as follows:- SDVKF technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for Sandvik AB (publ) gave a 'Buy' signal when the RSI was at 4.762, with the current RSI value at 73.333.
- The technical analysis for SDVKF indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
- The technical analysis for Sandvik AB (publ) issued a 'Buy' signal when the MACD was at -0.445, with the current MACD value being: 0.108
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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