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AKRBF Stock Forecast & Aker BP ASA Chart Analysis

This article provides a detailed analysis of AKRBF-Aker BP ASA stock including a forecast for AKRBF shares. It features Aker BP ASA 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.

AKRBF Historical Data Review

AKRBF Current Price Performance Analysis

The Aker BP ASA - AKRBF stock traded on the American stock market, on 06-05-2024, closed at 24.39$ with a %-1.69 decreased compared to the previous day.

In the last month, the price of AKRBF changed by %-2.79 decreased in value, from 25.09 dollars on 05-06-2024 to 24.39 dollars, decreased.

Last year, the price of AKRBF was 23.3 dollars on 06-06-2023, and changed by %4.68 increased in value, to 24.39 dollars increased within a year.

The price of Aker BP ASA 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.

AKRBF with AI Stock Forecast & Price Target

AKRBF stock forecast Aker BP ASA price target

On the AKRBF chart Aker BP ASA price was recorded as 24.39 Dollars on 06/05/2024.

The artificial intelligence's forecast on AKRBF stock is as follows.

The artificial intelligence's prediction error margin for AKRBF 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 Aker BP ASA stock over the next 4 months is: 20.4 Dollars.

The commentary on AKRBF stock Target Price: Highest: 24.334 Dollars is predicted.

The commentary on AKRBF stock Target Price: Lowest: 17.588 Dollars is predicted.

Resistance Price where Aker BP ASA stock will Rise and Fall:

Date Price Prediction
09-23-2024 21.991
12-27-2024 20.085
03-07-2025 21.386

Support Price where Aker BP ASA stock will Fall and Rise:

Date Price Prediction
08-09-2024 17.588
11-22-2024 19.460
01-21-2025 19.425
03-27-2025 21.039

The commentary on AKRBF stock: Fluctuations in the target price can be expected in the coming days.

The target price for Aker BP ASA stock by the end of 2024 is predicted to be 20.085 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on AKRBF stock, and the 2024 target price predictions for Aker BP ASA are detailed above.

The technical analysis and charts for the commentary on AKRBF stock are below.

AKRBF Support & Resistance and Trend Analysis

AKRBF review Aker BP ASA technical analysis trend chart AKRBF priceAKRBF stock support and resistance price chart

AKRBF stock you have reviewed the technical analysis support resistance charts regarding.

AKRBF : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the AKRBF review, the Aker BP ASA 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.

Aker BP ASA Support and Resistance Prices:

AKRBF Support Level Price AKRBF Resistance Level Price
24.05 25.13
24.15 25.71
24.23 25.90
24.25 25.94
24.26 26.22
24.67 26.28
25.50 26.70
26.76 27.45
27.70 27.55
29.25
30.37

AKRBF Technical Analysis: SMA, RSI, MACD

AKRBF review Aker BP ASA SMA chart analysis AKRBF priceAKRBF buy or sell review Aker BP ASA MACD chart analysis AKRBF price

Upon reviewing the AKRBF chart, buy and sell signals have been generated in the Aker BP ASA 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 AKRBF stock are as follows:
  1. AKRBF technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
  2. The technical analysis for Aker BP ASA gave a 'Buy' signal when the RSI was at 23.37, with the current RSI value at 46.026.
  3. The technical analysis for AKRBF indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
  4. The technical analysis for Aker BP ASA issued a 'Buy' signal when the MACD was at -0.178, with the current MACD value being: -0.124

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 Aker BP ASA stock: Click here to read more predictions on Formula One Group stock.

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