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SYM Stock Forecast & Symbotic Chart Analysis

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

SYM Historical Data Review

SYM Current Price Performance Analysis

The Symbotic - SYM stock traded on the American stock market, on 06-05-2024, closed at 39.85$ with a %3.29 increased compared to the previous day.

In the last month, the price of SYM changed by %-4.98 decreased in value, from 41.94 dollars on 05-06-2024 to 39.85 dollars, decreased.

Last year, the price of SYM was 35.72 dollars on 06-06-2023, and changed by %11.56 increased in value, to 39.85 dollars increased within a year.

The price of Symbotic 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.

SYM with AI Stock Forecast & Price Target

SYM stock forecast Symbotic price target

On the SYM chart Symbotic price was recorded as 39.85 Dollars on 06/05/2024.

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

The artificial intelligence's prediction error margin for SYM stock is moderately 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 Symbotic stock over the next 4 months is: 75.8 Dollars.

The commentary on SYM stock Target Price: Highest: 109.111 Dollars is predicted.

The commentary on SYM stock Target Price: Lowest: 39.787 Dollars is predicted.

Resistance Price where Symbotic stock will Rise and Fall:

Date Price Prediction
07-25-2024 54.153
09-23-2024 74.059
12-02-2024 106.535
01-06-2025 109.111
03-17-2025 80.351

Support Price where Symbotic stock will Fall and Rise:

Date Price Prediction
08-09-2024 50.761
10-08-2024 71.463
12-17-2024 105.181
02-20-2025 69.574
04-01-2025 75.018

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

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

The target price for Symbotic stock by the end of 2024 is predicted to be 107.434 Dollars.

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

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

SYM Support & Resistance and Trend Analysis

SYM review Symbotic Inc. technical analysis trend chart SYM priceSYM stock support and resistance price chart

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

SYM : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the SYM review, the Symbotic 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.

Symbotic Support and Resistance Prices:

SYM Support Level Price SYM Resistance Level Price
30.60 46.22
37.22 47.42
38.00 47.89
38.01 48.70
38.90 48.98
39.21 50.40
39.43 50.58
39.51 52.20
40.21 58.28
47.05 59.82

SYM Technical Analysis: SMA, RSI, MACD

SYM review Symbotic Inc. SMA chart analysis SYM priceSYM buy or sell review Symbotic Inc. MACD chart analysis SYM price

Upon reviewing the SYM chart, buy and sell signals have been generated in the Symbotic 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 SYM stock are as follows:
  1. SYM technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
  2. The technical analysis for Symbotic gave a 'Buy' signal when the RSI was at 23.829, with the current RSI value at 21.613.
  3. The technical analysis for Symbotic 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.