Disclaimer Statement

Updated:

Author: Engineer USC

SMNNY Stock Forecast & Shimano Chart Analysis

This article provides a detailed analysis of SMNNY-Shimano Inc. stock including a forecast for SMNNY shares. It features Shimano Inc. 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.

SMNNY Historical Data Review

SMNNY Current Price Performance Analysis

The Shimano - SMNNY stock traded on the American stock market, on 06-05-2024, closed at 16.92$ with a %-0.06 decreased compared to the previous day.

In the last month, the price of SMNNY changed by %0.30 increased in value, from 16.87 dollars on 05-06-2024 to 16.92 dollars, increased.

Last year, the price of SMNNY was 16.56 dollars on 06-06-2023, and changed by %2.17 increased in value, to 16.92 dollars increased within a year.

The price of Shimano 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.

SMNNY with AI Stock Forecast & Price Target

SMNNY stock forecast Shimano price target

On the SMNNY chart Shimano price was recorded as 16.92 Dollars on 06/05/2024.

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

The artificial intelligence's prediction error margin for SMNNY 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 Shimano stock over the next 4 months is: 19.3 Dollars.

The commentary on SMNNY stock Target Price: Highest: 21.106 Dollars is predicted.

The commentary on SMNNY stock Target Price: Lowest: 16.878 Dollars is predicted.

Resistance Price where Shimano stock will Rise and Fall:

Date Price Prediction
08-09-2024 19.828
11-22-2024 21.106
04-11-2025 18.341

Support Price where Shimano stock will Fall and Rise:

Date Price Prediction
09-03-2024 19.059
03-27-2025 18.165

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

The target price for Shimano stock by the end of 2024 is predicted to be 19.987 Dollars.

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

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

SMNNY Support & Resistance and Trend Analysis

SMNNY review Shimano Inc. technical analysis trend chart SMNNY priceSMNNY stock support and resistance price chart

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

SMNNY : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the SMNNY review, the Shimano 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.

Shimano Support and Resistance Prices:

SMNNY Support Level Price SMNNY Resistance Level Price
13.20 13.91
13.45 14.80
14.11 15.16
14.14 15.25
14.23 15.51
14.32 15.55
14.40 15.60
14.42 15.76
14.43 15.78
15.89 15.83
15.99 17.25

SMNNY Technical Analysis: SMA, RSI, MACD

SMNNY review Shimano Inc. SMA chart analysis SMNNY priceSMNNY buy or sell review Shimano Inc. MACD chart analysis SMNNY price

Upon reviewing the SMNNY chart, buy and sell signals have been generated in the Shimano 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 SMNNY stock are as follows:
  1. The technical analysis for SMNNY indicates that the 14-period RSI has most recently generated a 'Sell' signal.
  2. The technical analysis for Shimano 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 Shimano stock: Click here to read more predictions on Smith & Nephew stock.

Click here for price target predictions and technical analysis charts of other American stocks