Disclaimer Statement

Updated:

Author: Engineer USC

UPMKF Stock Forecast & UPM-Kymmene Oyj Chart Analysis

This article provides a detailed analysis of UPMKF-UPM-Kymmene Oyj stock including a forecast for UPMKF shares. It features UPM-Kymmene Oyj 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.

UPMKF Historical Data Review

UPMKF Current Price Performance Analysis

The UPM-Kymmene Oyj - UPMKF stock traded on the American stock market, on 06-05-2024, closed at 36.75$ with no change compared to the previous day.

In the last month, the price of UPMKF changed by %-0.03 decreased in value, from 36.76 dollars on 05-06-2024 to 36.75 dollars, decreased.

Last year, the price of UPMKF was 31.42 dollars on 06-06-2023, and changed by %16.96 increased in value, to 36.75 dollars increased within a year.

The price of UPM-Kymmene Oyj 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.

UPMKF with AI Stock Forecast & Price Target

UPMKF stock forecast UPM-Kymmene Oyj price target

On the UPMKF chart UPM-Kymmene Oyj price was recorded as 36.75 Dollars on 06/05/2024.

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

The artificial intelligence's prediction error margin for UPMKF 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 UPM-Kymmene Oyj stock over the next 4 months is: 31.9 Dollars.

The commentary on UPMKF stock Target Price: Highest: 35.752 Dollars is predicted.

The commentary on UPMKF stock Target Price: Lowest: 30.0 Dollars is predicted.

Resistance Price where UPM-Kymmene Oyj stock will Rise and Fall:

Date Price Prediction
06-25-2024 35.752
10-18-2024 31.226
12-27-2024 31.456

Support Price where UPM-Kymmene Oyj stock will Fall and Rise:

Date Price Prediction
09-13-2024 30.766
11-22-2024 30.029
02-05-2025 30.000

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

The target price for UPM-Kymmene Oyj stock by the end of 2024 is predicted to be 31.456 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on UPMKF stock, and the 2024 target price predictions for UPM-Kymmene Oyj are detailed above.

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

UPMKF Support & Resistance and Trend Analysis

UPMKF review UPM-Kymmene Oyj technical analysis trend chart UPMKF priceUPMKF stock support and resistance price chart

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

UPMKF : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the UPMKF review, the UPM-Kymmene Oyj 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.

UPM-Kymmene Oyj Support and Resistance Prices:

UPMKF Support Level Price UPMKF Resistance Level Price
30.34 33.77
31.20 33.89
31.54 34.31
31.72 35.89
31.93 37.23
33.76 37.80
34.44 38.80
36.28 39.03
36.75
36.90

UPMKF Technical Analysis: SMA, RSI, MACD

UPMKF review UPM-Kymmene Oyj SMA chart analysis UPMKF priceUPMKF buy or sell review UPM-Kymmene Oyj MACD chart analysis UPMKF price

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

You have read the comments, technical analyses, target prices, and financial reports for UPM-Kymmene Oyj stock: Click here to read more predictions on Skyworks Solutions stock.

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