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Takip Edin: @UscMarketsWPM Stock Forecast & Wheaton Precious Metals Chart Analysis
This article provides a detailed analysis of WPM-Wheaton Precious Metals stock including a forecast for WPM shares. It features Wheaton Precious Metals Corp. 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.
WPM Historical Data Review
WPM Current Price Performance Analysis
The Wheaton Precious Metals - WPM stock traded on the American stock market, on 06-05-2024, closed at 53.66$ with a %1.65 increased compared to the previous day.
In the last month, the price of WPM changed by %-0.20 decreased in value, from 53.77 dollars on 05-06-2024 to 53.66 dollars, decreased.
Last year, the price of WPM was 46.1 dollars on 06-06-2023, and changed by %16.40 increased in value, to 53.66 dollars increased within a year.
The price of Wheaton Precious Metals 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.
WPM with AI Stock Forecast & Price Target
On the WPM chart Wheaton Precious Metals price was recorded as 53.66 Dollars on 06/05/2024.
The artificial intelligence's forecast on WPM stock is as follows.
The artificial intelligence's prediction error margin for WPM 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 Wheaton Precious Metals stock over the next 4 months is: 58.8 Dollars.
The commentary on WPM stock Target Price: Highest: 64.342 Dollars is predicted.
The commentary on WPM stock Target Price: Lowest: 53.634 Dollars is predicted.
Resistance Price where Wheaton Precious Metals stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 07-05-2024 | 59.698 |
| 09-23-2024 | 64.342 |
| 11-22-2024 | 59.914 |
| 01-01-2025 | 58.983 |
| 01-16-2025 | 59.000 |
| 02-20-2025 | 59.507 |
Support Price where Wheaton Precious Metals stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 08-09-2024 | 55.529 |
| 11-07-2024 | 59.242 |
| 12-17-2024 | 58.890 |
| 01-06-2025 | 58.977 |
| 01-21-2025 | 58.910 |
| 04-01-2025 | 53.634 |
The commentary on WPM stock: Fluctuations in the target price can be expected in the coming days.
The target price for Wheaton Precious Metals stock by the end of 2024 is predicted to be 58.936 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on WPM stock, and the 2024 target price predictions for Wheaton Precious Metals are detailed above.
The technical analysis and charts for the commentary on WPM stock are below.
WPM Support & Resistance and Trend Analysis
WPM stock you have reviewed the technical analysis support resistance charts regarding.
WPM : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the WPM review, the Wheaton Precious Metals 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.
Wheaton Precious Metals Support and Resistance Prices:
| WPM Support Level Price | WPM Resistance Level Price |
|---|---|
| 38.57 | 46.34 |
| 41.90 | 46.88 |
| 42.21 | 47.45 |
| 42.50 | 47.90 |
| 43.18 | 48.50 |
| 45.54 | 49.65 |
| 45.64 | 49.90 |
| 45.94 | 50.95 |
| 49.71 | 54.45 |
| 50.91 | 56.01 |
| 51.80 | 57.33 |
| 57.87 |
WPM Technical Analysis: SMA, RSI, MACD
Upon reviewing the WPM chart, buy and sell signals have been generated in the Wheaton Precious Metals 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 WPM stock are as follows:- The technical analysis for WPM indicates that the 14-period RSI has most recently generated a 'Sell' signal.
- The technical analysis for Wheaton Precious Metals 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 Wheaton Precious Metals stock: Click here to read more predictions on Otsuka Holdings Co. stock.
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