Disclaimer Statement

Updated:

Author: Engineer USC

BCLYF Stock Forecast & Barclays PLC Chart Analysis

This article provides a detailed analysis of BCLYF-Barclays PLC stock including a forecast for BCLYF shares. It features Barclays 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.

BCLYF Historical Data Review

BCLYF Current Price Performance Analysis

The Barclays PLC - BCLYF stock traded on the American stock market, on 06-05-2024, closed at 2.75$ with a %0.73 increased compared to the previous day.

In the last month, the price of BCLYF changed by %9.56 increased in value, from 2.51 dollars on 05-06-2024 to 2.75 dollars, increased.

Last year, the price of BCLYF was 1.94 dollars on 06-06-2023, and changed by %41.75 increased in value, to 2.75 dollars increased within a year.

The price of Barclays PLC 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.

BCLYF with AI Stock Forecast & Price Target

BCLYF stock forecast Barclays PLC price target

On the BCLYF chart Barclays PLC price was recorded as 2.75 Dollars on 06/05/2024.

The artificial intelligence's forecast on BCLYF stock is as follows.

The artificial intelligence's prediction error margin for BCLYF 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 Barclays PLC stock over the next 4 months is: 2.4 Dollars.

The commentary on BCLYF stock Target Price: Highest: 2.6 Dollars is predicted.

The commentary on BCLYF stock Target Price: Lowest: 2.163 Dollars is predicted.

Resistance Price where Barclays PLC stock will Rise and Fall:

Date Price Prediction
07-05-2024 2.503
10-03-2024 2.494
12-17-2024 2.600

Support Price where Barclays PLC stock will Fall and Rise:

Date Price Prediction
08-19-2024 2.238
11-07-2024 2.394
02-10-2025 2.163

The commentary on BCLYF stock: Fluctuations in the target price can be expected in the coming days.

The target price for Barclays PLC stock by the end of 2024 is predicted to be 2.556 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on BCLYF stock, and the 2024 target price predictions for Barclays PLC are detailed above.

The technical analysis and charts for the commentary on BCLYF stock are below.

BCLYF Support & Resistance and Trend Analysis

BCLYF review Barclays PLC technical analysis trend chart BCLYF priceBCLYF stock support and resistance price chart

BCLYF stock you have reviewed the technical analysis support resistance charts regarding.

BCLYF : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the BCLYF review, the Barclays 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.

Barclays PLC Support and Resistance Prices:

BCLYF Support Level Price BCLYF Resistance Level Price
1.53 1.82
1.70 1.86
1.71 1.90
1.74 1.96
1.95 2.00
2.08 2.40
2.14 2.43
2.35 2.44
2.52 2.73
2.75
2.81

BCLYF Technical Analysis: SMA, RSI, MACD

BCLYF review Barclays PLC SMA chart analysis BCLYF priceBCLYF buy or sell review Barclays PLC MACD chart analysis BCLYF price

Upon reviewing the BCLYF chart, buy and sell signals have been generated in the Barclays 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 BCLYF stock are as follows:
  1. The technical analysis for BCLYF indicates that the 14-period RSI has most recently generated a 'Sell' signal.
  2. The technical analysis for Barclays 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 Barclays PLC stock: Click here to read more predictions on Hexagon AB (publ) stock.

Click here for price target predictions and technical analysis charts of other American stocks