EN
Takip Edin: @UscMarketsWJRYY Stock Forecast & West Japan Railway Chart Analysis
This article provides a detailed analysis of WJRYY-West Japan Railway stock including a forecast for WJRYY shares. It features West Japan Railway Company 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.
WJRYY Historical Data Review
WJRYY Current Price Performance Analysis
The West Japan Railway - WJRYY stock traded on the American stock market, on 03-08-2024, closed at 41.62$ with a %-1.61 decreased compared to the previous day.
In the last month, the price of WJRYY changed by %-4.76 decreased in value, from 43.7 dollars on 02-07-2024 to 41.62 dollars, decreased.
Last year, the price of WJRYY was 40.14 dollars on 03-09-2023, and changed by %3.69 increased in value, to 41.62 dollars increased within a year.
The price of West Japan Railway 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.
WJRYY with AI Stock Forecast & Price Target
On the WJRYY chart West Japan Railway price was recorded as 41.62 Dollars on 03/08/2024.
The artificial intelligence's forecast on WJRYY stock is as follows.
The artificial intelligence's prediction error margin for WJRYY 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 West Japan Railway stock over the next 4 months is: 39.6 Dollars.
The commentary on WJRYY stock Target Price: Highest: 44.095 Dollars is predicted.
The commentary on WJRYY stock Target Price: Lowest: 35.622 Dollars is predicted.
Resistance Price where West Japan Railway stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 05-27-2024 | 44.095 |
| 08-15-2024 | 37.476 |
| 10-09-2024 | 39.712 |
| 01-07-2025 | 38.364 |
Support Price where West Japan Railway stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 07-31-2024 | 37.197 |
| 08-30-2024 | 37.371 |
| 11-18-2024 | 35.622 |
The commentary on WJRYY stock: The target price can generally be said to be on the rise.
The commentary on WJRYY stock: Fluctuations in the target price can be expected in the coming days.
The target price for West Japan Railway stock by the end of 2024 is predicted to be 37.862 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on WJRYY stock, and the 2024 target price predictions for West Japan Railway are detailed above.
The technical analysis and charts for the commentary on WJRYY stock are below.
WJRYY Support & Resistance and Trend Analysis
WJRYY stock you have reviewed the technical analysis support resistance charts regarding.
WJRYY : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the WJRYY review, the West Japan Railway 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.
West Japan Railway Support and Resistance Prices:
| WJRYY Support Level Price | WJRYY Resistance Level Price |
|---|---|
| 36.09 | 41.71 |
| 37.02 | 41.92 |
| 38.24 | 42.48 |
| 38.52 | 42.95 |
| 39.78 | 42.97 |
| 40.49 | 43.38 |
| 40.69 | 43.62 |
| 41.32 | 43.75 |
| 43.81 | |
| 45.98 |
WJRYY Technical Analysis: SMA, RSI, MACD
Upon reviewing the WJRYY chart, buy and sell signals have been generated in the West Japan Railway 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 WJRYY stock are as follows:- The technical analysis for WJRYY indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
- The technical analysis for West Japan Railway issued a 'Buy' signal when the MACD was at -0.054, with the current MACD value being: -0.046
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 West Japan Railway stock: Click here to read more predictions on Knorr-Bremse AG stock.
Click here for price target predictions and technical analysis charts of other American stocks