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Takip Edin: @UscMarketsSNN Stock Forecast & Smith & Nephew Chart Analysis
This article provides a detailed analysis of SNN-Smith & Nephew stock including a forecast for SNN shares. It features Smith & Nephew 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
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SNN Historical Data Review
SNN Current Price Performance Analysis
The Smith & Nephew - SNN stock traded on the American stock market, on 06-05-2024, closed at 26.26$ with a %2.94 increased compared to the previous day.
In the last month, the price of SNN changed by %6.10 increased in value, from 24.75 dollars on 05-06-2024 to 26.26 dollars, increased.
Last year, the price of SNN was 30.29 dollars on 06-06-2023, and changed by %-13.30 decreased in value, to 26.26 dollars decreased within a year.
The price of Smith & Nephew 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.
SNN with AI Stock Forecast & Price Target
On the SNN chart Smith & Nephew price was recorded as 26.26 Dollars on 06/05/2024.
The artificial intelligence's forecast on SNN stock is as follows.
The artificial intelligence's prediction error margin for SNN 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 Smith & Nephew stock over the next 4 months is: 18.3 Dollars.
The commentary on SNN stock Target Price: Highest: 25.709 Dollars is predicted.
The commentary on SNN stock Target Price: Lowest: 14.445 Dollars is predicted.
Resistance Price where Smith & Nephew stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 08-19-2024 | 19.710 |
| 10-03-2024 | 19.735 |
| 12-02-2024 | 18.295 |
| 04-11-2025 | 14.502 |
Support Price where Smith & Nephew stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 08-14-2024 | 19.709 |
| 09-13-2024 | 19.325 |
| 11-12-2024 | 17.867 |
| 03-27-2025 | 14.445 |
The commentary on SNN stock: The target price can generally be said to be on the decline.
The commentary on SNN stock: Fluctuations in the target price can be expected in the coming days.
The target price for Smith & Nephew stock by the end of 2024 is predicted to be 17.17 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on SNN stock, and the 2024 target price predictions for Smith & Nephew are detailed above.
The technical analysis and charts for the commentary on SNN stock are below.
SNN Support & Resistance and Trend Analysis
SNN stock you have reviewed the technical analysis support resistance charts regarding.
SNN : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the SNN review, the Smith & Nephew 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.
Smith & Nephew Support and Resistance Prices:
| SNN Support Level Price | SNN Resistance Level Price |
|---|---|
| 23.65 | 24.86 |
| 23.86 | 25.26 |
| 24.75 | 26.13 |
| 25.56 | 27.63 |
| 26.15 | 27.70 |
| 26.37 | 28.08 |
| 27.38 | 28.15 |
| 27.41 | 28.59 |
| 28.63 | |
| 28.93 |
SNN Technical Analysis: SMA, RSI, MACD
Upon reviewing the SNN chart, buy and sell signals have been generated in the Smith & Nephew 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 SNN stock are as follows:- The technical analysis for SNN indicates that the 14-period RSI has most recently generated a 'Sell' signal.
- The technical analysis for SNN indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
- The technical analysis for Smith & Nephew issued a 'Buy' signal when the MACD was at 0.145, with the current MACD value being: 0.145
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 Smith & Nephew stock: Click here to read more predictions on TFI International stock.
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