Based on technical analysis - price action and relevant indicator templates - I estimate that NESTLE will be up around 23% by mid Aug 2026.
I expect it to bounce up from ~71 USD price area sooner than later, and will with a few volatile corrections, still trend upwards until it hit the target price of 87 USD. On the way, it will challenge a robust and respected downwards trendline (could be around 82 USD, which is also at a price resistance level.
I expect it to bounce up from ~71 USD price area sooner than later, and will with a few volatile corrections, still trend upwards until it hit the target price of 87 USD. On the way, it will challenge a robust and respected downwards trendline (could be around 82 USD, which is also at a price resistance level.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.