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Takip Edin: @UscMarketsSMPNY Stock Forecast & Sompo Holdings Chart Analysis
This article provides a detailed analysis of SMPNY-Sompo Holdings stock including a forecast for SMPNY shares. It features Sompo Holdings, 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
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SMPNY Historical Data Review
SMPNY Current Price Performance Analysis
The Sompo Holdings - SMPNY stock traded on the American stock market, on 06-05-2024, closed at 10.34$ with a %-4.52 decreased compared to the previous day.
In the last month, the price of SMPNY changed by %1.17 increased in value, from 10.22 dollars on 05-06-2024 to 10.34 dollars, increased.
Last year, the price of SMPNY was 7.36 dollars on 06-06-2023, and changed by %40.49 increased in value, to 10.34 dollars increased within a year.
The price of Sompo Holdings 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.
SMPNY with AI Stock Forecast & Price Target
On the SMPNY chart Sompo Holdings price was recorded as 10.34 Dollars on 06/05/2024.
The artificial intelligence's forecast on SMPNY stock is as follows.
The artificial intelligence's prediction error margin for SMPNY 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 Sompo Holdings stock over the next 4 months is: 10.6 Dollars.
The commentary on SMPNY stock Target Price: Highest: 11.18 Dollars is predicted.
The commentary on SMPNY stock Target Price: Lowest: 10.162 Dollars is predicted.
Resistance Price where Sompo Holdings stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 07-05-2024 | 11.133 |
| 10-28-2024 | 10.673 |
| 12-17-2024 | 11.180 |
| 02-20-2025 | 10.566 |
Support Price where Sompo Holdings stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 09-23-2024 | 10.162 |
| 11-12-2024 | 10.562 |
| 01-21-2025 | 10.332 |
| 03-17-2025 | 10.189 |
The commentary on SMPNY stock: Fluctuations in the target price can be expected in the coming days.
The target price for Sompo Holdings stock by the end of 2024 is predicted to be 11.071 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on SMPNY stock, and the 2024 target price predictions for Sompo Holdings are detailed above.
The technical analysis and charts for the commentary on SMPNY stock are below.
SMPNY Support & Resistance and Trend Analysis
SMPNY stock you have reviewed the technical analysis support resistance charts regarding.
SMPNY : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the SMPNY review, the Sompo Holdings 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.
Sompo Holdings Support and Resistance Prices:
| SMPNY Support Level Price | SMPNY Resistance Level Price |
|---|---|
| 6.84 | 8.48 |
| 7.68 | 8.54 |
| 7.87 | 8.71 |
| 8.40 | 8.88 |
| 8.43 | 10.44 |
| 9.37 | 10.53 |
| 9.39 | 10.60 |
| 9.40 | 10.73 |
| 9.53 | 10.86 |
| 9.66 | 10.90 |
| 9.70 | 10.92 |
| 9.94 |
SMPNY Technical Analysis: SMA, RSI, MACD
Upon reviewing the SMPNY chart, buy and sell signals have been generated in the Sompo Holdings 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 SMPNY stock are as follows:- SMPNY technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for Sompo Holdings gave a 'Buy' signal when the RSI was at 27.363, with the current RSI value at 53.095.
- The technical analysis for SMPNY indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
- The technical analysis for Sompo Holdings issued a 'Buy' signal when the MACD was at -0.022, with the current MACD value being: 0.168
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 Sompo Holdings stock: Click here to read more predictions on Carlsberg A/S stock.
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