BAYRY Stock Forecast & Bayer Aktiengesellschaft Chart Analysis
This article provides a detailed analysis of BAYRY-Bayer Aktiengesellschaft stock including a forecast for BAYRY shares. It features Bayer Aktiengesellschaft 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.
BAYRY Historical Data Review
BAYRY Current Price Performance Analysis
The Bayer Aktiengesellschaft - BAYRY stock traded on the American stock market, on 06-05-2024, closed at 7.82$ with a %0.39 increased compared to the previous day.
In the last month, the price of BAYRY changed by %2.76 increased in value, from 7.61 dollars on 05-06-2024 to 7.82 dollars, increased.
Last year, the price of BAYRY was 13.99 dollars on 06-06-2023, and changed by %-44.10 decreased in value, to 7.82 dollars decreased within a year.
The price of Bayer Aktiengesellschaft 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.
BAYRY with AI Stock Forecast & Price Target
On the BAYRY chart Bayer Aktiengesellschaft price was recorded as 7.82 Dollars on 06/05/2024.
The artificial intelligence's forecast on BAYRY stock is as follows.
The artificial intelligence's prediction error margin for BAYRY 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 Bayer Aktiengesellschaft stock over the next 4 months is: 1.7 Dollars.
The commentary on BAYRY stock Target Price: Highest: 5.967 Dollars is predicted.
The commentary on BAYRY stock Target Price: Lowest: -2.223 Dollars is predicted.
The commentary on BAYRY stock: The target price can generally be said to be on the decline.
The target price for Bayer Aktiengesellschaft stock by the end of 2024 is predicted to be 0.60027 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on BAYRY stock, and the 2024 target price predictions for Bayer Aktiengesellschaft are detailed above.
The technical analysis and charts for the commentary on BAYRY stock are below.
BAYRY Support & Resistance and Trend Analysis
BAYRY stock you have reviewed the technical analysis support resistance charts regarding.
BAYRY : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the BAYRY review, the Bayer Aktiengesellschaft 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.
Bayer Aktiengesellschaft Support and Resistance Prices:
BAYRY Support Level Price | BAYRY Resistance Level Price |
---|---|
6.96 | 7.67 |
7.30 | 7.91 |
7.47 | 8.05 |
8.27 | 8.08 |
8.76 | 8.74 |
8.84 | 9.79 |
11.33 | |
11.34 |
BAYRY Technical Analysis: SMA, RSI, MACD
Upon reviewing the BAYRY chart, buy and sell signals have been generated in the Bayer Aktiengesellschaft 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 BAYRY stock are as follows:- The technical analysis for BAYRY indicates that the 14-period RSI has most recently generated a 'Sell' signal.
- The technical analysis for BAYRY indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
- The technical analysis for Bayer Aktiengesellschaft issued a 'Buy' signal when the MACD was at 0.053, with the current MACD value being: 0.053
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 Bayer Aktiengesellschaft stock: Click here to read more predictions on Henkel AG & stock.
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