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Takip Edin: @UscMarketsSVNLY Stock Forecast & Svenska Handelsbanken AB Chart Analysis
This article provides a detailed analysis of SVNLY-Svenska Handelsbanken AB stock including a forecast for SVNLY shares. It features Svenska Handelsbanken 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.
SVNLY Historical Data Review
SVNLY Current Price Performance Analysis
The Svenska Handelsbanken AB - SVNLY stock traded on the American stock market, on 06-05-2024, closed at 4.7$ with a %1.08 increased compared to the previous day.
In the last month, the price of SVNLY changed by %4.68 increased in value, from 4.49 dollars on 05-06-2024 to 4.7 dollars, increased.
Last year, the price of SVNLY was 4.06 dollars on 06-06-2023, and changed by %15.76 increased in value, to 4.7 dollars increased within a year.
The price of Svenska Handelsbanken AB stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.
SVNLY with AI Stock Forecast & Price Target
On the SVNLY chart Svenska Handelsbanken AB price was recorded as 4.7 Dollars on 06/05/2024.
The artificial intelligence's forecast on SVNLY stock is as follows.
The artificial intelligence's prediction error margin for SVNLY 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 Svenska Handelsbanken AB stock over the next 4 months is: 5.0 Dollars.
The commentary on SVNLY stock Target Price: Highest: 5.438 Dollars is predicted.
The commentary on SVNLY stock Target Price: Lowest: 4.582 Dollars is predicted.
Resistance Price where Svenska Handelsbanken AB stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 06-25-2024 | 5.438 |
| 08-14-2024 | 4.840 |
| 10-08-2024 | 5.274 |
| 12-12-2024 | 5.120 |
Support Price where Svenska Handelsbanken AB stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 08-09-2024 | 4.838 |
| 09-03-2024 | 4.802 |
| 11-12-2024 | 4.777 |
| 02-05-2025 | 4.582 |
The commentary on SVNLY stock: Fluctuations in the target price can be expected in the coming days.
The target price for Svenska Handelsbanken AB stock by the end of 2024 is predicted to be 5.049 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on SVNLY stock, and the 2024 target price predictions for Svenska Handelsbanken AB are detailed above.
The technical analysis and charts for the commentary on SVNLY stock are below.
SVNLY Support & Resistance and Trend Analysis
SVNLY stock you have reviewed the technical analysis support resistance charts regarding.
SVNLY : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the SVNLY review, the Svenska Handelsbanken AB 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.
Svenska Handelsbanken AB Support and Resistance Prices:
| SVNLY Support Level Price | SVNLY Resistance Level Price |
|---|---|
| 4.24 | 4.67 |
| 4.30 | 4.75 |
| 4.48 | 5.19 |
| 4.68 | 5.21 |
| 4.91 | 5.59 |
| 5.06 | 5.75 |
| 5.08 | 6.01 |
| 5.14 | |
| 5.19 | |
| 5.81 |
SVNLY Technical Analysis: SMA, RSI, MACD
Upon reviewing the SVNLY chart, buy and sell signals have been generated in the Svenska Handelsbanken AB 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 SVNLY stock are as follows:- SVNLY technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for Svenska Handelsbanken AB gave a 'Buy' signal when the RSI was at 25.18, with the current RSI value at 57.971.
- The technical analysis for SVNLY indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
- The technical analysis for Svenska Handelsbanken AB issued a 'Buy' signal when the MACD was at -0.227, with the current MACD value being: -0.005
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 Svenska Handelsbanken AB stock: Click here to read more predictions on American Water Works stock.
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