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Takip Edin: @UscMarketsASHTF Stock Forecast & Ashtead Group plc Chart Analysis
This article provides a detailed analysis of ASHTF-Ashtead Group plc stock including a forecast for ASHTF shares. It features Ashtead Group plc 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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ASHTF Historical Data Review
ASHTF Current Price Performance Analysis
The Ashtead Group plc - ASHTF stock traded on the American stock market, on 06-05-2024, closed at 70.88$ with a %-0.18 decreased compared to the previous day.
In the last month, the price of ASHTF changed by %-4.78 decreased in value, from 74.44 dollars on 05-06-2024 to 70.88 dollars, decreased.
Last year, the price of ASHTF was 64.44 dollars on 06-06-2023, and changed by %9.99 increased in value, to 70.88 dollars increased within a year.
The price of Ashtead Group plc 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.
ASHTF with AI Stock Forecast & Price Target
On the ASHTF chart Ashtead Group plc price was recorded as 70.88 Dollars on 06/05/2024.
The artificial intelligence's forecast on ASHTF stock is as follows.
The artificial intelligence's prediction error margin for ASHTF stock is 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 Ashtead Group plc stock over the next 4 months is: 76.2 Dollars.
The commentary on ASHTF stock Target Price: Highest: 81.474 Dollars is predicted.
The commentary on ASHTF stock Target Price: Lowest: 70.003 Dollars is predicted.
Resistance Price where Ashtead Group plc stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 06-20-2024 | 75.574 |
| 07-30-2024 | 75.792 |
| 11-27-2024 | 81.474 |
| 01-21-2025 | 80.917 |
Support Price where Ashtead Group plc stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 07-15-2024 | 74.631 |
| 09-03-2024 | 71.591 |
| 12-27-2024 | 79.618 |
| 03-27-2025 | 70.003 |
The commentary on ASHTF stock: Fluctuations in the target price can be expected in the coming days.
The target price for Ashtead Group plc stock by the end of 2024 is predicted to be 79.618 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on ASHTF stock, and the 2024 target price predictions for Ashtead Group plc are detailed above.
The technical analysis and charts for the commentary on ASHTF stock are below.
ASHTF Support & Resistance and Trend Analysis
ASHTF stock you have reviewed the technical analysis support resistance charts regarding.
ASHTF : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the ASHTF review, the Ashtead Group plc 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.
Ashtead Group plc Support and Resistance Prices:
| ASHTF Support Level Price | ASHTF Resistance Level Price |
|---|---|
| 58.68 | 67.13 |
| 59.57 | 68.35 |
| 59.60 | 68.77 |
| 63.78 | 70.44 |
| 63.79 | 70.70 |
| 64.08 | 70.78 |
| 65.97 | 70.84 |
| 68.14 | 73.90 |
| 69.50 | 75.00 |
| 76.52 | |
| 77.90 |
ASHTF Technical Analysis: SMA, RSI, MACD
Upon reviewing the ASHTF chart, buy and sell signals have been generated in the Ashtead Group plc 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 ASHTF stock are as follows:- ASHTF technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for Ashtead Group plc gave a 'Buy' signal when the RSI was at 21.508, with the current RSI value at 21.508.
- The technical analysis for Ashtead Group plc 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 Ashtead Group plc stock: Click here to read more predictions on Telstra Group Limited stock.
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