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Takip Edin: @UscMarketsSNY Stock Forecast & Sanofi Chart Analysis
This article provides a detailed analysis of SNY-Sanofi stock including a forecast for SNY shares. It features Sanofi 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.
SNY Historical Data Review
SNY Current Price Performance Analysis
The Sanofi - SNY stock traded on the American stock market, on 06-05-2024, closed at 49.13$ with a %-0.16 decreased compared to the previous day.
In the last month, the price of SNY changed by %-0.41 decreased in value, from 49.33 dollars on 05-06-2024 to 49.13 dollars, decreased.
Last year, the price of SNY was 51.49 dollars on 06-06-2023, and changed by %-4.58 decreased in value, to 49.13 dollars decreased within a year.
The price of Sanofi 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.
SNY with AI Stock Forecast & Price Target
On the SNY chart Sanofi price was recorded as 49.13 Dollars on 06/05/2024.
The artificial intelligence's forecast on SNY stock is as follows.
The artificial intelligence's prediction error margin for SNY 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 Sanofi stock over the next 4 months is: 43.0 Dollars.
The commentary on SNY stock Target Price: Highest: 47.947 Dollars is predicted.
The commentary on SNY stock Target Price: Lowest: 38.937 Dollars is predicted.
Resistance Price where Sanofi stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 10-03-2024 | 44.280 |
| 12-12-2024 | 43.202 |
| 02-20-2025 | 42.256 |
Support Price where Sanofi stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 08-09-2024 | 41.798 |
| 11-12-2024 | 42.588 |
| 02-05-2025 | 41.938 |
The commentary on SNY stock: The target price can generally be said to be on the decline.
The commentary on SNY stock: Fluctuations in the target price can be expected in the coming days.
The target price for Sanofi stock by the end of 2024 is predicted to be 42.895 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on SNY stock, and the 2024 target price predictions for Sanofi are detailed above.
The technical analysis and charts for the commentary on SNY stock are below.
SNY Support & Resistance and Trend Analysis
SNY stock you have reviewed the technical analysis support resistance charts regarding.
SNY : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the SNY review, the Sanofi 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.
Sanofi Support and Resistance Prices:
| SNY Support Level Price | SNY Resistance Level Price |
|---|---|
| 45.00 | 47.10 |
| 45.22 | 47.68 |
| 45.36 | 48.75 |
| 45.55 | 48.94 |
| 46.84 | 50.37 |
| 47.19 | 50.50 |
| 47.23 | 50.59 |
| 48.10 | 52.79 |
SNY Technical Analysis: SMA, RSI, MACD
Upon reviewing the SNY chart, buy and sell signals have been generated in the Sanofi 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 SNY stock are as follows:- The technical analysis for SNY indicates that the 14-period RSI has most recently generated a 'Sell' signal.
- The technical analysis for Sanofi 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 Sanofi stock: Click here to read more predictions on Lam Research Corporation stock.
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