Disclaimer Statement

Updated:

Author: Engineer USC

SVKEF Stock Forecast & Skandinaviska Enskilda Banken Chart Analysis

This article provides a detailed analysis of SVKEF-Skandinaviska Enskilda Banken stock including a forecast for SVKEF shares. It features Skandinaviska Enskilda Banken AB (publ) 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.

SVKEF Historical Data Review

SVKEF Current Price Performance Analysis

The Skandinaviska Enskilda Banken - SVKEF stock traded on the American stock market, on 06-05-2024, closed at 14.08$ with no change compared to the previous day.

In the last month, the price of SVKEF changed by %-0.07 decreased in value, from 14.09 dollars on 05-06-2024 to 14.08 dollars, decreased.

Last year, the price of SVKEF was 11.24 dollars on 06-06-2023, and changed by %25.27 increased in value, to 14.08 dollars increased within a year.

The price of Skandinaviska Enskilda Banken 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.

SVKEF with AI Stock Forecast & Price Target

SVKEF stock forecast Skandinaviska Enskilda Banken price target

On the SVKEF chart Skandinaviska Enskilda Banken price was recorded as 14.08 Dollars on 06/05/2024.

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

The artificial intelligence's prediction error margin for SVKEF 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 Skandinaviska Enskilda Banken stock over the next 4 months is: 15.4 Dollars.

The commentary on SVKEF stock Target Price: Highest: 16.356 Dollars is predicted.

The commentary on SVKEF stock Target Price: Lowest: 14.561 Dollars is predicted.

Resistance Price where Skandinaviska Enskilda Banken stock will Rise and Fall:

Date Price Prediction
06-25-2024 15.513
09-03-2024 15.539
10-23-2024 16.356
12-27-2024 15.908
03-07-2025 15.099

Support Price where Skandinaviska Enskilda Banken stock will Fall and Rise:

Date Price Prediction
07-30-2024 14.561
09-13-2024 15.530
11-27-2024 15.233
01-31-2025 14.713
03-27-2025 14.960

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

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

The target price for Skandinaviska Enskilda Banken stock by the end of 2024 is predicted to be 15.908 Dollars.

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

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

SVKEF Support & Resistance and Trend Analysis

SVKEF review Skandinaviska Enskilda Banken technical analysis trend chart SVKEF priceSVKEF stock support and resistance price chart

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

SVKEF : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the SVKEF review, the Skandinaviska Enskilda Banken 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.

Skandinaviska Enskilda Banken Support and Resistance Prices:

SVKEF Support Level Price SVKEF Resistance Level Price
13.26 13.21
13.73 13.81
13.93 14.09
14.08 14.39
14.49
15.16

SVKEF Technical Analysis: SMA, RSI, MACD

SVKEF review Skandinaviska Enskilda Banken SMA chart analysis SVKEF priceSVKEF buy or sell review Skandinaviska Enskilda Banken MACD chart analysis SVKEF price

Upon reviewing the SVKEF chart, buy and sell signals have been generated in the Skandinaviska Enskilda Banken 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 SVKEF stock are as follows:
  1. The technical analysis for SVKEF indicates that the 14-period RSI has most recently generated a 'Sell' signal.
  2. The technical analysis for SVKEF indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
  3. The technical analysis for Skandinaviska Enskilda Banken issued a 'Buy' signal when the MACD was at -0.289, with the current MACD value being: 0.095

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 Skandinaviska Enskilda Banken stock: Click here to read more predictions on The Allstate Corporation stock.

Click here for price target predictions and technical analysis charts of other American stocks