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Takip Edin: @UscMarketsVOLAF Stock Forecast & AB Volvo (publ) Chart Analysis
This article provides a detailed analysis of VOLAF-AB Volvo (publ) stock including a forecast for VOLAF shares. It features AB Volvo (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.
VOLAF Historical Data Review
VOLAF Current Price Performance Analysis
The AB Volvo (publ) - VOLAF stock traded on the American stock market, on 06-05-2024, closed at 26.66$ with no change compared to the previous day.
In the last month, the price of VOLAF changed by %5.79 increased in value, from 25.2 dollars on 05-06-2024 to 26.66 dollars, increased.
Last year, the price of VOLAF was 19.86 dollars on 06-06-2023, and changed by %34.24 increased in value, to 26.66 dollars increased within a year.
The price of AB Volvo (publ) 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.
VOLAF with AI Stock Forecast & Price Target
On the VOLAF chart AB Volvo (publ) price was recorded as 26.66 Dollars on 06/05/2024.
The artificial intelligence's forecast on VOLAF stock is as follows.
The artificial intelligence's prediction error margin for VOLAF 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 AB Volvo (publ) stock over the next 4 months is: 28.1 Dollars.
The commentary on VOLAF stock Target Price: Highest: 30.029 Dollars is predicted.
The commentary on VOLAF stock Target Price: Lowest: 25.966 Dollars is predicted.
Resistance Price where AB Volvo (publ) stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 06-25-2024 | 28.729 |
| 10-03-2024 | 28.340 |
| 12-27-2024 | 30.029 |
Support Price where AB Volvo (publ) stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 08-19-2024 | 25.966 |
| 10-28-2024 | 27.669 |
| 03-17-2025 | 27.278 |
The commentary on VOLAF stock: Fluctuations in the target price can be expected in the coming days.
The target price for AB Volvo (publ) stock by the end of 2024 is predicted to be 30.029 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on VOLAF stock, and the 2024 target price predictions for AB Volvo (publ) are detailed above.
The technical analysis and charts for the commentary on VOLAF stock are below.
VOLAF Support & Resistance and Trend Analysis
VOLAF stock you have reviewed the technical analysis support resistance charts regarding.
VOLAF : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the VOLAF review, the AB Volvo (publ) 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.
AB Volvo (publ) Support and Resistance Prices:
| VOLAF Support Level Price | VOLAF Resistance Level Price |
|---|---|
| 24.9 | 23.93 |
| 25.2 |
VOLAF Technical Analysis: SMA, RSI, MACD
Upon reviewing the VOLAF chart, buy and sell signals have been generated in the AB Volvo (publ) 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 VOLAF stock are as follows:- The technical analysis for VOLAF indicates that the 14-period RSI has most recently generated a 'Sell' signal.
- The technical analysis for VOLAF indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
- The technical analysis for AB Volvo (publ) issued a 'Buy' signal when the MACD was at -0.45, with the current MACD value being: -0.087
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 AB Volvo (publ) stock: Click here to read more predictions on DENSO Corporation stock.
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