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Takip Edin: @UscMarketsBACHF Stock Forecast & Bank of China Chart Analysis
This article provides a detailed analysis of BACHF-Bank of China stock including a forecast for BACHF shares. It features Bank of China 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
Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.
BACHF Historical Data Review
BACHF Current Price Performance Analysis
The Bank of China - BACHF stock traded on the American stock market, on 06-05-2024, closed at 0.479$ with no change compared to the previous day.
In the last month, the price of BACHF changed by %6.68 increased in value, from 0.449 dollars on 05-06-2024 to 0.479 dollars, increased.
Last year, the price of BACHF was 0.4000000059 dollars on 06-06-2023, and changed by %19.75 increased in value, to 0.479 dollars increased within a year.
The price of Bank of China stock is riding high above the 50-day and 100-day moving averages. This means it's on a positive run for now, great news for those who got in early. But let's not take our eyes off the ball; no stock climbs forever.
BACHF with AI Stock Forecast & Price Target
On the BACHF chart Bank of China price was recorded as 0.48 Dollars on 06/05/2024.
The artificial intelligence's forecast on BACHF stock is as follows.
The artificial intelligence's prediction error margin for BACHF 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 Bank of China stock over the next 4 months is: 0.5 Dollars.
The commentary on BACHF stock Target Price: Highest: 0.531 Dollars is predicted.
The commentary on BACHF stock Target Price: Lowest: 0.442 Dollars is predicted.
Resistance Price where Bank of China stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 07-15-2024 | 0.499 |
| 10-18-2024 | 0.531 |
Support Price where Bank of China stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 07-30-2024 | 0.496 |
| 04-01-2025 | 0.457 |
The commentary on BACHF stock: Fluctuations in the target price can be expected in the coming days.
The target price for Bank of China stock by the end of 2024 is predicted to be 0.476 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on BACHF stock, and the 2024 target price predictions for Bank of China are detailed above.
The technical analysis and charts for the commentary on BACHF stock are below.
BACHF Support & Resistance and Trend Analysis
BACHF stock you have reviewed the technical analysis support resistance charts regarding.
BACHF : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the BACHF review, the Bank of China 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.
Bank of China Support and Resistance Prices:
| BACHF Support Level Price | BACHF Resistance Level Price |
|---|---|
| 0.340 | 0.3890 |
| 0.349 | 0.4000 |
| 0.370 | 0.4099 |
| 0.389 | 0.4190 |
| 0.439 | 0.5099 |
BACHF Technical Analysis: SMA, RSI, MACD
Upon reviewing the BACHF chart, buy and sell signals have been generated in the Bank of China 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 BACHF stock are as follows:- The technical analysis for BACHF indicates that the 14-period RSI has most recently generated a 'Sell' signal.
- The technical analysis for Bank of China 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.
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