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Takip Edin: @UscMarketsSHECY Stock Forecast & Shin-Etsu Chemical Co. Chart Analysis
This article provides a detailed analysis of SHECY-Shin-Etsu Chemical Co. stock including a forecast for SHECY shares. It features Shin-Etsu Chemical Co., Ltd. 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.
SHECY Historical Data Review
SHECY Current Price Performance Analysis
The Shin-Etsu Chemical Co. - SHECY stock traded on the American stock market, on 06-05-2024, closed at 19.23$ with a %1.05 increased compared to the previous day.
In the last month, the price of SHECY changed by %-3.07 decreased in value, from 19.84 dollars on 05-06-2024 to 19.23 dollars, decreased.
Last year, the price of SHECY was 16.58 dollars on 06-06-2023, and changed by %15.98 increased in value, to 19.23 dollars increased within a year.
The price of Shin-Etsu Chemical Co. 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.
SHECY with AI Stock Forecast & Price Target
On the SHECY chart Shin-Etsu Chemical Co. price was recorded as 19.23 Dollars on 06/05/2024.
The artificial intelligence's forecast on SHECY stock is as follows.
The artificial intelligence's prediction error margin for SHECY 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 Shin-Etsu Chemical Co. stock over the next 4 months is: 22.5 Dollars.
The commentary on SHECY stock Target Price: Highest: 24.554 Dollars is predicted.
The commentary on SHECY stock Target Price: Lowest: 20.339 Dollars is predicted.
Resistance Price where Shin-Etsu Chemical Co. stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 06-25-2024 | 20.784 |
| 10-03-2024 | 22.901 |
| 12-02-2024 | 23.848 |
| 02-05-2025 | 22.646 |
Support Price where Shin-Etsu Chemical Co. stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 07-10-2024 | 20.741 |
| 10-18-2024 | 22.641 |
| 01-31-2025 | 22.637 |
| 03-12-2025 | 21.956 |
The commentary on SHECY stock: The target price can generally be said to be on the rise.
The commentary on SHECY stock: Fluctuations in the target price can be expected in the coming days.
The target price for Shin-Etsu Chemical Co. stock by the end of 2024 is predicted to be 22.959 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on SHECY stock, and the 2024 target price predictions for Shin-Etsu Chemical Co. are detailed above.
The technical analysis and charts for the commentary on SHECY stock are below.
SHECY Support & Resistance and Trend Analysis
SHECY stock you have reviewed the technical analysis support resistance charts regarding.
SHECY : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the SHECY review, the Shin-Etsu Chemical Co. 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.
Shin-Etsu Chemical Co. Support and Resistance Prices:
| SHECY Support Level Price | SHECY Resistance Level Price |
|---|---|
| 15.63 | 17.55 |
| 16.37 | 18.32 |
| 17.94 | 19.65 |
| 18.01 | 20.25 |
| 18.67 | 20.26 |
| 18.70 | 20.32 |
| 18.75 | 20.82 |
| 18.93 | 21.53 |
| 19.16 | 22.13 |
| 19.65 | 22.89 |
| 20.92 | 23.04 |
SHECY Technical Analysis: SMA, RSI, MACD
Upon reviewing the SHECY chart, buy and sell signals have been generated in the Shin-Etsu Chemical Co. 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 SHECY stock are as follows:- SHECY technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for Shin-Etsu Chemical Co. gave a 'Buy' signal when the RSI was at 29.636, with the current RSI value at 51.675.
- The technical analysis for SHECY indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
- The technical analysis for Shin-Etsu Chemical Co. issued a 'Buy' signal when the MACD was at -0.526, with the current MACD value being: -0.208
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 Shin-Etsu Chemical Co. stock: Click here to read more predictions on RELX PLC stock.
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