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Takip Edin: @UscMarketsASHTY Stock Forecast & Ashtead Group plc Chart Analysis
This article provides a detailed analysis of ASHTY-Ashtead Group plc stock including a forecast for ASHTY 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
Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.
ASHTY Historical Data Review
ASHTY Current Price Performance Analysis
The Ashtead Group plc - ASHTY stock traded on the American stock market, on 06-05-2024, closed at 290.13$ with a %1.85 increased compared to the previous day.
In the last month, the price of ASHTY changed by %-2.03 decreased in value, from 296.13 dollars on 05-06-2024 to 290.13 dollars, decreased.
Last year, the price of ASHTY was 260.38 dollars on 06-06-2023, and changed by %11.43 increased in value, to 290.13 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.
ASHTY with AI Stock Forecast & Price Target
On the ASHTY chart Ashtead Group plc price was recorded as 290.13 Dollars on 06/05/2024.
The artificial intelligence's forecast on ASHTY stock is as follows.
The artificial intelligence's prediction error margin for ASHTY 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: 305.6 Dollars.
The commentary on ASHTY stock Target Price: Highest: 328.511 Dollars is predicted.
The commentary on ASHTY stock Target Price: Lowest: 281.299 Dollars is predicted.
Resistance Price where Ashtead Group plc stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 06-20-2024 | 303.531 |
| 07-30-2024 | 305.228 |
| 11-22-2024 | 328.483 |
| 12-02-2024 | 328.511 |
| 01-21-2025 | 323.014 |
Support Price where Ashtead Group plc stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 07-10-2024 | 301.516 |
| 09-03-2024 | 284.679 |
| 11-27-2024 | 328.383 |
| 12-27-2024 | 319.117 |
| 03-27-2025 | 281.299 |
The commentary on ASHTY 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 319.117 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on ASHTY stock, and the 2024 target price predictions for Ashtead Group plc are detailed above.
The technical analysis and charts for the commentary on ASHTY stock are below.
ASHTY Support & Resistance and Trend Analysis
ASHTY stock you have reviewed the technical analysis support resistance charts regarding.
ASHTY : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the ASHTY 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:
| ASHTY Support Level Price | ASHTY Resistance Level Price |
|---|---|
| 235.59 | 268.25 |
| 240.01 | 276.14 |
| 241.93 | 276.86 |
| 256.58 | 285.86 |
| 260.01 | 286.36 |
| 262.51 | 297.24 |
| 277.44 | 304.31 |
| 284.90 | 310.72 |
| 316.06 |
ASHTY Technical Analysis: SMA, RSI, MACD
Upon reviewing the ASHTY 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 ASHTY stock are as follows:- 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 DNB Bank ASA stock.
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