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TEVA Stock Forecast & Teva Pharmaceutical Industries Chart Analysis

This article provides a detailed analysis of TEVA-Teva Pharmaceutical Industries stock including a forecast for TEVA shares. It features Teva Pharmaceutical Industries Limited 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.

TEVA Historical Data Review

TEVA Current Price Performance Analysis

The Teva Pharmaceutical Industries - TEVA stock traded on the American stock market, on 06-05-2024, closed at 16.88$ with a %1.50 increased compared to the previous day.

In the last month, the price of TEVA changed by %20.06 increased in value, from 14.06 dollars on 05-06-2024 to 16.88 dollars, increased.

Last year, the price of TEVA was 7.23 dollars on 06-06-2023, and changed by %133.47 increased in value, to 16.88 dollars increased within a year.

The price of Teva Pharmaceutical Industries 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.

TEVA with AI Stock Forecast & Price Target

TEVA stock forecast Teva Pharmaceutical Industries price target

On the TEVA chart Teva Pharmaceutical Industries price was recorded as 16.88 Dollars on 06/05/2024.

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

The artificial intelligence's prediction error margin for TEVA 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 Teva Pharmaceutical Industries stock over the next 4 months is: 17.2 Dollars.

The commentary on TEVA stock Target Price: Highest: 18.225 Dollars is predicted.

The commentary on TEVA stock Target Price: Lowest: 15.456 Dollars is predicted.

Resistance Price where Teva Pharmaceutical Industries stock will Rise and Fall:

Date Price Prediction
06-25-2024 17.532
10-08-2024 18.225
12-12-2024 17.540
02-25-2025 17.961

Support Price where Teva Pharmaceutical Industries stock will Fall and Rise:

Date Price Prediction
07-30-2024 15.456
11-12-2024 16.983
01-16-2025 16.127
03-27-2025 17.280

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

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

The target price for Teva Pharmaceutical Industries stock by the end of 2024 is predicted to be 16.682 Dollars.

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

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

TEVA Support & Resistance and Trend Analysis

TEVA review Teva Pharmaceutical Industries technical analysis trend chart TEVA priceTEVA stock support and resistance price chart

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

TEVA : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the TEVA review, the Teva Pharmaceutical Industries 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.

Teva Pharmaceutical Industries Support and Resistance Prices:

TEVA Support Level Price TEVA Resistance Level Price
8.42 9.57
8.55 9.58
9.35 10.48
10.13 11.35
11.48 12.21
12.51 13.35
12.61 13.56
13.07 13.93
13.17 13.97
16.05 14.47
16.35 17.39

TEVA Technical Analysis: SMA, RSI, MACD

TEVA review Teva Pharmaceutical Industries SMA chart analysis TEVA priceTEVA buy or sell review Teva Pharmaceutical Industries MACD chart analysis TEVA price

Upon reviewing the TEVA chart, buy and sell signals have been generated in the Teva Pharmaceutical Industries 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 TEVA stock are as follows:
  1. The technical analysis for TEVA indicates that the 14-period RSI has most recently generated a 'Sell' signal.
  2. The technical analysis for Teva Pharmaceutical Industries 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.

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