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SNNUF Stock Forecast & Smith & Nephew Chart Analysis

This article provides a detailed analysis of SNNUF-Smith & Nephew stock including a forecast for SNNUF 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

Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.

SNNUF Historical Data Review

SNNUF Current Price Performance Analysis

The Smith & Nephew - SNNUF stock traded on the American stock market, on 06-05-2024, closed at 12.55$ with no change compared to the previous day.

In the last month, the price of SNNUF changed by %1.21 increased in value, from 12.4 dollars on 05-06-2024 to 12.55 dollars, increased.

Last year, the price of SNNUF was 15.03 dollars on 06-06-2023, and changed by %-16.50 decreased in value, to 12.55 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.

SNNUF with AI Stock Forecast & Price Target

SNNUF stock forecast Smith & Nephew price target

On the SNNUF chart Smith & Nephew price was recorded as 12.55 Dollars on 06/05/2024.

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

The artificial intelligence's prediction error margin for SNNUF 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: 9.1 Dollars.

The commentary on SNNUF stock Target Price: Highest: 12.755 Dollars is predicted.

The commentary on SNNUF stock Target Price: Lowest: 7.266 Dollars is predicted.

Resistance Price where Smith & Nephew stock will Rise and Fall:

Date Price Prediction
08-19-2024 9.737
10-08-2024 9.848
12-02-2024 8.959
04-11-2025 7.280

Support Price where Smith & Nephew stock will Fall and Rise:

Date Price Prediction
08-14-2024 9.718
09-13-2024 9.616
11-12-2024 8.854
04-01-2025 7.266

The commentary on SNNUF stock: The target price can generally be said to be on the decline.

The commentary on SNNUF 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 8.612 Dollars.

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

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

SNNUF Support & Resistance and Trend Analysis

SNNUF review Smith & Nephew technical analysis trend chart SNNUF priceSNNUF stock support and resistance price chart

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

SNNUF : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the SNNUF 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:

SNNUF Support Level Price SNNUF Resistance Level Price
11.66 12.39
11.71 12.42
11.81 12.80
12.18 12.81
12.46 13.27
12.56 13.44
12.68 13.90
12.89 13.91
13.11 13.97
13.23 14.19
13.40 14.25
13.45 14.27
13.51 14.29

SNNUF Technical Analysis: SMA, RSI, MACD

SNNUF review Smith & Nephew SMA chart analysis SNNUF priceSNNUF buy or sell review Smith & Nephew MACD chart analysis SNNUF price

Upon reviewing the SNNUF 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 SNNUF stock are as follows:
  1. SNNUF technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
  2. The technical analysis for Smith & Nephew gave a 'Buy' signal when the RSI was at 0.0, with the current RSI value at 0.0.
  3. The technical analysis for Smith & Nephew 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 Smith & Nephew stock: Click here to read more predictions on Gold Fields Limited stock.

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