Million

Resistance

Billion

<ul class="list-ic vertical"> 
 <li> <span>1</span> <a>LIN stock price trades below the major 20, and 50-day daily moving averages.</a> </li> 
 <li> <span>2</span> <a>LIN stock price trades below the major 20, and 50-day daily moving averages.</a> </li> 
</ul> 
<p>The LIN stock has a float of 484.488 Million shares and a market cap of $181.521 Billion. The Linde Plc. stock’s average volume for the last 10 days is 1.243 Million and its current volume is 1.255 Million. The LIN stock has a CMP of $372.01 and an intraday gain of 0.22%.</p> 
<p>At the time of publishing, the major EMA’s in Linde Plc. (NYSE: LIN) are bearish and MACD shows a bearish cross on the charts with increasing width in the histogram and RSI is at 38 taking resistance from 14 SMA.</p> 
<p>However, the stock ratings for Linde stock are positive and highly recommended by 31 analysts who have evaluated it in the last three months. The 1-year price forecasts for Linde stock by 28 analysts range from $339 to $450, with a high potential for growth.</p> 
<p>The LIN stock has been on an upward trend since March 2020, starting from $145 support and making higher highs and lows until it reached $393 by July 30, 2023. However, the high level was unsustainable for the buyers and the LIN price declined due to shareholders cashing out after the earnings report. The LIN stock made another attempt to reach the high but was met with more selling pressure due to the dividend date.</p> 
<p>Linde’s latest quarterly balance sheet for the period ending June 2023, reported total assets of $78.72 Billion and total liabilities of $37.47 Billion. The debt-to-assets ratio is moderate at 47.60%.</p> 
<p>The latest quarterly earnings report for the period ending June 2023, displayed a revenue of $8.20 Billion, with a net income of $1.57 Billion, and a profit margin of 19.20%. This quarter, the reported revenue was knocked out by analysts’ estimate of 499.77 Million. The next quarter’s revenue is estimated to be 8.585 Billion.</p> 
<p>The LIN stock’s dividend yield for the TTM is 1.31% and its last dividend payment was $1.27 per share. The last ex-dividend date was September 1st, 2023 and its payout ratio is 42.68%.</p> 
<p>The Linde Plc stock has been increasing its dividend amount every year and the dividend in the last five years grew from $3.30 to $4.68 per share. This indicates that LIN is strong and reliable in terms of its fundamentals and financials and has a long-term potential for growth in its share price.</p> 
<h2 class="wp-block-heading" id="strong-lin-stock-price-technical-analysis-in-1-d-timeframe-strong"><strong>LIN Stock Price Technical Analysis in 1-D Timeframe</strong></h2> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" loading="lazy" width="1024" height="594" src="https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-945-1024x594.png" alt="" class="wp-image-171906" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-945-1024x594.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-945-300x174.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-945-768x445.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-945-750x435.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-945-1140x661.png 1140w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-945.png 1461w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   Source: LIN.1D.NYSE by TradingView
  </figcaption>
 </figure>
</div> 
<p><a href="https://www.thecoinrepublic.com/2023/09/16/linde-stock-price-forecast-will-nyse-lin-price-keep-rising/">Linde Plc</a> (NYSE: LIN) is experiencing a decline from $393, The current market price of LIN stock is $372.01 and is trying to sustain at higher levels.</p> 
<p>The stock may continue to fall further if it breaks below the current levels and breaks below $360, which could lead to a target of $350. On the other hand, if Linde stock manages to reverse the trend and gain strong buying momentum It could rise above $380, triggering a rally above $393 or higher.</p> 
<h4 class="wp-block-heading"><strong>Summary</strong></h4> 
<p><a href="https://www.thecoinrepublic.com/2023/09/16/linde-stock-price-forecast-will-nyse-lin-price-keep-rising/" target="_blank" rel="noreferrer noopener">Linde stock</a> fell from ATH of $393 to $372 after earnings and dividends as it invited some profit bookings. Analysts are bullish on long-term growth and dividend increase. Stock may rebound above $380 or drop below $360 depending on the trend reversal. The technical indicators are bearish.</p> 
<h4 class="wp-block-heading"><strong>Technical Levels</strong></h4> 
<p><strong>Support levels</strong>: $360 and $350</p> 
<p><strong>Resistance levels</strong>: $380 and $393</p> 
<h4 class="wp-block-heading"><strong>Disclaimer</strong></h4> 
<p>In this article, the views and opinions stated by the author, or any people named are for informational purposes only, and they don’t establish the investment, financial, or any other advice. Trading or investing in cryptocurrency assets comes with a risk of financial loss.</p>

LIN Stock Forecast: Can Price (NYSE: LIN) Incline More For $400?

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