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
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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
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 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
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:- The technical analysis for TEVA indicates that the 14-period RSI has most recently generated a 'Sell' signal.
- 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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