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SPLK Stock Forecast & Splunk Chart Analysis

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

SPLK Historical Data Review

SPLK Current Price Performance Analysis

The Splunk - SPLK stock traded on the American stock market, on 03-18-2024, closed at 156.9$ with no change compared to the previous day.

In the last month, the price of SPLK changed by %0.96 increased in value, from 155.41 dollars on 02-15-2024 to 156.9 dollars, increased.

Last year, the price of SPLK was 89.15 dollars on 03-17-2023, and changed by %76.00 increased in value, to 156.9 dollars increased within a year.

The price of Splunk 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.

SPLK with AI Stock Forecast & Price Target

SPLK stock forecast Splunk price target

On the SPLK chart Splunk price was recorded as 156.9 Dollars on 03/18/2024.

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

The artificial intelligence's prediction error margin for SPLK 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 Splunk stock over the next 4 months is: 210.1 Dollars.

The commentary on SPLK stock Target Price: Highest: 252.287 Dollars is predicted.

The commentary on SPLK stock Target Price: Lowest: 147.088 Dollars is predicted.

Resistance Price where Splunk stock will Rise and Fall:

Date Price Prediction
06-21-2024 197.757
09-24-2024 237.684
12-13-2024 250.124
12-23-2024 250.457

Support Price where Splunk stock will Fall and Rise:

Date Price Prediction
08-05-2024 190.493
10-24-2024 230.216
12-18-2024 249.842
01-17-2025 245.071

The commentary on SPLK stock: The target price can generally be said to be on the rise.

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

The target price for Splunk stock by the end of 2024 is predicted to be 250.457 Dollars.

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

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

SPLK Support & Resistance and Trend Analysis

SPLK review Splunk Inc. technical analysis trend chart SPLK priceSPLK stock support and resistance price chart

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

SPLK : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the SPLK review, the Splunk 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.

Splunk Support and Resistance Prices:

SPLK Support Level Price SPLK Resistance Level Price
117.81 145.81
146.30 148.50
149.61 151.50
150.80 152.00
151.62 152.53
151.86 152.77
153.12 153.30
155.47

SPLK Technical Analysis: SMA, RSI, MACD

SPLK review Splunk Inc. SMA chart analysis SPLK priceSPLK buy or sell review Splunk Inc. MACD chart analysis SPLK price

Upon reviewing the SPLK chart, buy and sell signals have been generated in the Splunk 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 SPLK stock are as follows:
  1. The technical analysis for Splunk 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 Splunk stock: Click here to read more predictions on BOC Hong Kong stock.

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