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SMFTF Stock Forecast & Smurfit Kappa Group Chart Analysis

This article provides a detailed analysis of SMFTF-Smurfit Kappa Group stock including a forecast for SMFTF shares. It features Smurfit Kappa Group Plc 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.

SMFTF Historical Data Review

SMFTF Current Price Performance Analysis

The Smurfit Kappa Group - SMFTF stock traded on the American stock market, on 06-05-2024, closed at 50.04$ with no change compared to the previous day.

In the last month, the price of SMFTF changed by %4.58 increased in value, from 47.85 dollars on 05-06-2024 to 50.04 dollars, increased.

Last year, the price of SMFTF was 37.86 dollars on 06-06-2023, and changed by %32.17 increased in value, to 50.04 dollars increased within a year.

The price of Smurfit Kappa Group 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.

SMFTF with AI Stock Forecast & Price Target

SMFTF stock forecast Smurfit Kappa Group price target

On the SMFTF chart Smurfit Kappa Group price was recorded as 50.04 Dollars on 06/05/2024.

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

The artificial intelligence's prediction error margin for SMFTF 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 Smurfit Kappa Group stock over the next 4 months is: 48.7 Dollars.

The commentary on SMFTF stock Target Price: Highest: 52.426 Dollars is predicted.

The commentary on SMFTF stock Target Price: Lowest: 45.024 Dollars is predicted.

Resistance Price where Smurfit Kappa Group stock will Rise and Fall:

Date Price Prediction
07-05-2024 51.124
11-07-2024 49.214
01-01-2025 52.426

Support Price where Smurfit Kappa Group stock will Fall and Rise:

Date Price Prediction
08-29-2024 47.184
11-22-2024 49.121
03-27-2025 45.024

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

The target price for Smurfit Kappa Group stock by the end of 2024 is predicted to be 52.303 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on SMFTF stock, and the 2024 target price predictions for Smurfit Kappa Group are detailed above.

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

SMFTF Support & Resistance and Trend Analysis

SMFTF review Smurfit Kappa Group technical analysis trend chart SMFTF priceSMFTF stock support and resistance price chart

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

SMFTF : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the SMFTF review, the Smurfit Kappa Group 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.

Smurfit Kappa Group Support and Resistance Prices:

SMFTF Support Level Price SMFTF Resistance Level Price
32.56 38.85
35.42 39.67
36.33 39.79
36.80 40.28
38.05 41.17
41.00 43.07
41.75 48.00
48.87

SMFTF Technical Analysis: SMA, RSI, MACD

SMFTF review Smurfit Kappa Group SMA chart analysis SMFTF priceSMFTF buy or sell review Smurfit Kappa Group MACD chart analysis SMFTF price

Upon reviewing the SMFTF chart, buy and sell signals have been generated in the Smurfit Kappa Group 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 SMFTF stock are as follows:
  1. The technical analysis for SMFTF indicates that the 14-period RSI has most recently generated a 'Sell' signal.
  2. The technical analysis for SMFTF indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
  3. The technical analysis for Smurfit Kappa Group issued a 'Buy' signal when the MACD was at 0.11, with the current MACD value being: 1.375

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 Smurfit Kappa Group stock: Click here to read more predictions on Norsk Hydro ASA stock.

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