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Takip Edin: @UscMarketsSMCAY Stock Forecast & SMC Corporation Chart Analysis
This article provides a detailed analysis of SMCAY-SMC Corporation stock including a forecast for SMCAY shares. It features SMC Corporation 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.
SMCAY Historical Data Review
SMCAY Current Price Performance Analysis
The SMC Corporation - SMCAY stock traded on the American stock market, on 06-05-2024, closed at 24.94$ with a %-2.77 decreased compared to the previous day.
In the last month, the price of SMCAY changed by %-8.41 decreased in value, from 27.23 dollars on 05-06-2024 to 24.94 dollars, decreased.
Last year, the price of SMCAY was 29.44 dollars on 06-06-2023, and changed by %-15.29 decreased in value, to 24.94 dollars decreased within a year.
The price of SMC Corporation 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.
SMCAY with AI Stock Forecast & Price Target
On the SMCAY chart SMC Corporation price was recorded as 24.94 Dollars on 06/05/2024.
The artificial intelligence's forecast on SMCAY stock is as follows.
The artificial intelligence's prediction error margin for SMCAY 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 SMC Corporation stock over the next 4 months is: 31.0 Dollars.
The commentary on SMCAY stock Target Price: Highest: 33.901 Dollars is predicted.
The commentary on SMCAY stock Target Price: Lowest: 28.093 Dollars is predicted.
Resistance Price where SMC Corporation stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 08-09-2024 | 32.179 |
| 11-22-2024 | 33.901 |
Support Price where SMC Corporation stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 09-13-2024 | 30.350 |
| 03-12-2025 | 29.315 |
The commentary on SMCAY stock: Fluctuations in the target price can be expected in the coming days.
The target price for SMC Corporation stock by the end of 2024 is predicted to be 31.013 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on SMCAY stock, and the 2024 target price predictions for SMC Corporation are detailed above.
The technical analysis and charts for the commentary on SMCAY stock are below.
SMCAY Support & Resistance and Trend Analysis
SMCAY stock you have reviewed the technical analysis support resistance charts regarding.
SMCAY : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the SMCAY review, the SMC Corporation 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.
SMC Corporation Support and Resistance Prices:
| SMCAY Support Level Price | SMCAY Resistance Level Price |
|---|---|
| 23.50 | 26.00 |
| 24.10 | 26.46 |
| 24.15 | 27.34 |
| 24.27 | 27.52 |
| 24.80 | 28.13 |
| 24.95 | 29.06 |
| 26.30 | 29.14 |
| 26.98 | 29.49 |
| 27.39 | 30.58 |
| 27.65 | 31.42 |
SMCAY Technical Analysis: SMA, RSI, MACD
Upon reviewing the SMCAY chart, buy and sell signals have been generated in the SMC Corporation 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 SMCAY stock are as follows:- The technical analysis for SMCAY indicates that the 14-period RSI has most recently generated a 'Sell' signal.
- The technical analysis for SMC Corporation 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 SMC Corporation stock: Click here to read more predictions on Woodside Energy Group stock.
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