Stock Forecast Chart
Stock Price Prediction Summary
Forecast Score Based on 2 Weeks
Based on our forecast, the price of NVL will - over the next 2 Weeks and hit - by . In that time frame, NVL's share price is expected to range between - and -.
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NVL shares rose +1.44% in Friday, June 28, 2019's trading session, rising from a previous close of $76,400.00 to move at $76,400.00. The stock demonstrated notable intraday movement (see NVL's key stats for a full breakdown), fluctuating between $75,200.00 and $77,800.00, a +3.46% trading range. While recent weeks have seen some volatility, NVL has managed to secure a - no change over the past 2 weeks. The upward price movement was accompanied by remained steady trading volume, with approximately - shares changing hands, 0 fewer than the previous session. This amounted to $0.00 in total market activity.
Will NVL Continue Its Trend?
According to analyst ratings and projections for NVL, Novelis, Inc. shares are anticipated to remain stable by -, potentially reaching - per share by January 1, 1970. Short-term technical indicators for NVL currently suggest a bearish sentiment. This aligns with the stock's recent performance, as it has recorded 30 negative trading days within the past 30 sessions. Based on the NVL stock forecast, now is not the best time to buy NVL stock because its current trading price is - our predicted value, hinting at a possible . For deeper insights, view our sentiment analysis on NVL covering social and institutional perspectives.
NVL Technical Momentum: Overbought, Oversold, or Neutral?
An analysis of Relative Strength Index (RSI) indicators provides insight into NVL's momentum. Short-term RSIs (9, 14, and 20-day figures ranging from 33.73% to 36.89%) suggest the stock is in a weak bearish momentum phase. The 50-day RSI, at 37.74%, hints at potential weakness developing in the medium term. Meanwhile, the 100-day RSI, at 44.11%, maintains a neutral outlook for the long term. Insights into NVL's shareholder base show how institutional investors are positioning themselves during these momentum shifts

