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Takip Edin: @UscMarketsAHCHY Stock Forecast & Anhui Conch Cement Chart Analysis
This article provides a detailed analysis of AHCHY-Anhui Conch Cement stock including a forecast for AHCHY shares. It features Anhui Conch Cement Company 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
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AHCHY Historical Data Review
AHCHY Current Price Performance Analysis
The Anhui Conch Cement - AHCHY stock traded on the American stock market, on 06-05-2024, closed at 11.57$ with a %-1.62 decreased compared to the previous day.
In the last month, the price of AHCHY changed by %-2.61 decreased in value, from 11.88 dollars on 05-06-2024 to 11.57 dollars, decreased.
Last year, the price of AHCHY was 13.26 dollars on 06-06-2023, and changed by %-12.75 decreased in value, to 11.57 dollars decreased within a year.
The price of Anhui Conch Cement 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.
AHCHY with AI Stock Forecast & Price Target
On the AHCHY chart Anhui Conch Cement price was recorded as 11.57 Dollars on 06/05/2024.
The artificial intelligence's forecast on AHCHY stock is as follows.
The artificial intelligence's prediction error margin for AHCHY stock is moderately 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 Anhui Conch Cement stock over the next 4 months is: 9.9 Dollars.
The commentary on AHCHY stock Target Price: Highest: 11.407 Dollars is predicted.
The commentary on AHCHY stock Target Price: Lowest: 7.947 Dollars is predicted.
Resistance Price where Anhui Conch Cement stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 07-05-2024 | 11.244 |
| 08-29-2024 | 11.407 |
| 12-12-2024 | 10.036 |
| 03-12-2025 | 8.555 |
Support Price where Anhui Conch Cement stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 07-30-2024 | 10.957 |
| 10-23-2024 | 9.542 |
| 02-25-2025 | 8.473 |
The commentary on AHCHY stock: The target price can generally be said to be on the decline.
The commentary on AHCHY stock: Fluctuations in the target price can be expected in the coming days.
The target price for Anhui Conch Cement stock by the end of 2024 is predicted to be 9.827 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on AHCHY stock, and the 2024 target price predictions for Anhui Conch Cement are detailed above.
The technical analysis and charts for the commentary on AHCHY stock are below.
AHCHY Support & Resistance and Trend Analysis
AHCHY stock you have reviewed the technical analysis support resistance charts regarding.
AHCHY : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the AHCHY review, the Anhui Conch Cement 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.
Anhui Conch Cement Support and Resistance Prices:
| AHCHY Support Level Price | AHCHY Resistance Level Price |
|---|---|
| 9.82 | 10.53 |
| 10.27 | 11.17 |
| 10.32 | 11.49 |
| 10.70 | 11.53 |
| 11.46 | 12.00 |
| 11.81 | 12.73 |
| 13.91 |
AHCHY Technical Analysis: SMA, RSI, MACD
Upon reviewing the AHCHY chart, buy and sell signals have been generated in the Anhui Conch Cement 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 AHCHY stock are as follows:- The technical analysis for AHCHY indicates that the 14-period RSI has most recently generated a 'Sell' signal.
- The technical analysis for Anhui Conch Cement 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 Anhui Conch Cement stock: Click here to read more predictions on Repligen Corporation stock.
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