EN
Takip Edin: @UscMarketsWLMIY Stock Forecast & Wilmar International Limited Chart Analysis
This article provides a detailed analysis of WLMIY-Wilmar International Limited stock including a forecast for WLMIY shares. It features Wilmar International 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.
WLMIY Historical Data Review
WLMIY Current Price Performance Analysis
The Wilmar International Limited - WLMIY stock traded on the American stock market, on 06-05-2024, closed at 23.13$ with a %0.61 increased compared to the previous day.
In the last month, the price of WLMIY changed by %-2.53 decreased in value, from 23.73 dollars on 05-06-2024 to 23.13 dollars, decreased.
Last year, the price of WLMIY was 29.38 dollars on 06-06-2023, and changed by %-21.27 decreased in value, to 23.13 dollars decreased within a year.
The price of Wilmar International Limited 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.
WLMIY with AI Stock Forecast & Price Target
On the WLMIY chart Wilmar International Limited price was recorded as 23.13 Dollars on 06/05/2024.
The artificial intelligence's forecast on WLMIY stock is as follows.
The artificial intelligence's prediction error margin for WLMIY 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 Wilmar International Limited stock over the next 4 months is: 17.4 Dollars.
The commentary on WLMIY stock Target Price: Highest: 22.712 Dollars is predicted.
The commentary on WLMIY stock Target Price: Lowest: 13.514 Dollars is predicted.
Resistance Price where Wilmar International Limited stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 09-18-2024 | 18.750 |
| 12-02-2024 | 17.341 |
Support Price where Wilmar International Limited stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 08-14-2024 | 18.025 |
| 11-07-2024 | 17.042 |
| 04-01-2025 | 13.514 |
The commentary on WLMIY stock: The target price can generally be said to be on the decline.
The commentary on WLMIY stock: Fluctuations in the target price can be expected in the coming days.
The target price for Wilmar International Limited stock by the end of 2024 is predicted to be 16.799 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on WLMIY stock, and the 2024 target price predictions for Wilmar International Limited are detailed above.
The technical analysis and charts for the commentary on WLMIY stock are below.
WLMIY Support & Resistance and Trend Analysis
WLMIY stock you have reviewed the technical analysis support resistance charts regarding.
WLMIY : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the WLMIY review, the Wilmar International Limited 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.
Wilmar International Limited Support and Resistance Prices:
| WLMIY Support Level Price | WLMIY Resistance Level Price |
|---|---|
| 22.49 | 24.42 |
| 22.50 | 25.89 |
| 22.51 | 25.93 |
| 23.04 | 26.05 |
| 23.18 | 26.30 |
| 23.19 | 26.60 |
| 23.94 | 26.65 |
| 24.01 | 26.71 |
| 24.07 | 27.30 |
| 24.51 | 27.50 |
| 24.86 | 27.62 |
| 25.00 | |
| 25.15 | |
| 26.00 |
WLMIY Technical Analysis: SMA, RSI, MACD
Upon reviewing the WLMIY chart, buy and sell signals have been generated in the Wilmar International Limited 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 WLMIY stock are as follows:- WLMIY technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for Wilmar International Limited gave a 'Buy' signal when the RSI was at 24.46, with the current RSI value at 38.643.
- The technical analysis for WLMIY indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
- The technical analysis for Wilmar International Limited issued a 'Buy' signal when the MACD was at -0.453, with the current MACD value being: -0.384
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 Wilmar International Limited stock: Click here to read more predictions on News Corporation stock.
Click here for price target predictions and technical analysis charts of other American stocks