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Takip Edin: @UscMarketsBASFY Stock Forecast & BASF SE Chart Analysis
This article provides a detailed analysis of BASFY-BASF SE stock including a forecast for BASFY shares. It features BASF SE 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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BASFY Historical Data Review
BASFY Current Price Performance Analysis
The BASF SE - BASFY stock traded on the American stock market, on 06-05-2024, closed at 12.81$ with a %-0.39 decreased compared to the previous day.
In the last month, the price of BASFY changed by %-4.04 decreased in value, from 13.35 dollars on 05-06-2024 to 12.81 dollars, decreased.
Last year, the price of BASFY was 12.56 dollars on 06-06-2023, and changed by %1.99 increased in value, to 12.81 dollars increased within a year.
The price of BASF SE 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.
BASFY with AI Stock Forecast & Price Target
On the BASFY chart BASF SE price was recorded as 12.81 Dollars on 06/05/2024.
The artificial intelligence's forecast on BASFY stock is as follows.
The artificial intelligence's prediction error margin for BASFY 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 BASF SE stock over the next 4 months is: 11.8 Dollars.
The commentary on BASFY stock Target Price: Highest: 13.381 Dollars is predicted.
The commentary on BASFY stock Target Price: Lowest: 10.33 Dollars is predicted.
Resistance Price where BASF SE stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 06-25-2024 | 13.381 |
| 10-03-2024 | 12.173 |
| 12-17-2024 | 12.175 |
Support Price where BASF SE stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 09-03-2024 | 11.891 |
| 11-12-2024 | 11.445 |
| 02-25-2025 | 10.330 |
The commentary on BASFY stock: The target price can generally be said to be on the decline.
The commentary on BASFY stock: Fluctuations in the target price can be expected in the coming days.
The target price for BASF SE stock by the end of 2024 is predicted to be 12.129 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on BASFY stock, and the 2024 target price predictions for BASF SE are detailed above.
The technical analysis and charts for the commentary on BASFY stock are below.
BASFY Support & Resistance and Trend Analysis
BASFY stock you have reviewed the technical analysis support resistance charts regarding.
BASFY : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the BASFY review, the BASF SE 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.
BASF SE Support and Resistance Prices:
| BASFY Support Level Price | BASFY Resistance Level Price |
|---|---|
| 11.58 | 12.29 |
| 11.59 | 12.50 |
| 11.82 | 12.58 |
| 12.70 | 13.49 |
| 12.91 | 13.50 |
| 13.25 | 13.53 |
| 13.87 | 13.87 |
| 14.37 | |
| 14.89 |
BASFY Technical Analysis: SMA, RSI, MACD
Upon reviewing the BASFY chart, buy and sell signals have been generated in the BASF SE 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 BASFY stock are as follows:- BASFY technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for BASF SE gave a 'Buy' signal when the RSI was at 27.027, with the current RSI value at 30.061.
- The technical analysis for BASF SE 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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