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Takip Edin: @UscMarketsBDORY Stock Forecast & Banco do Brasil Chart Analysis
This article provides a detailed analysis of BDORY-Banco do Brasil stock including a forecast for BDORY shares. It features Banco do Brasil S.A. 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.
BDORY Historical Data Review
BDORY Current Price Performance Analysis
The Banco do Brasil - BDORY stock traded on the American stock market, on 06-05-2024, closed at 5.19$ with a %0.39 increased compared to the previous day.
In the last month, the price of BDORY changed by %-5.98 decreased in value, from 5.52 dollars on 05-06-2024 to 5.19 dollars, decreased.
Last year, the price of BDORY was 4.62 dollars on 06-06-2023, and changed by %12.34 increased in value, to 5.19 dollars increased within a year.
The price of Banco do Brasil 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.
BDORY with AI Stock Forecast & Price Target
On the BDORY chart Banco do Brasil price was recorded as 5.19 Dollars on 06/05/2024.
The artificial intelligence's forecast on BDORY stock is as follows.
The artificial intelligence's prediction error margin for BDORY 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 Banco do Brasil stock over the next 4 months is: 5.1 Dollars.
The commentary on BDORY stock Target Price: Highest: 6.032 Dollars is predicted.
The commentary on BDORY stock Target Price: Lowest: 4.144 Dollars is predicted.
Resistance Price where Banco do Brasil stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 06-20-2024 | 5.665 |
| 08-19-2024 | 4.212 |
| 10-23-2024 | 4.877 |
| 12-12-2024 | 5.340 |
| 01-01-2025 | 5.270 |
| 01-21-2025 | 5.330 |
Support Price where Banco do Brasil stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 08-14-2024 | 4.211 |
| 09-03-2024 | 4.144 |
| 10-28-2024 | 4.863 |
| 12-27-2024 | 5.266 |
| 01-06-2025 | 5.266 |
| 02-20-2025 | 5.239 |
The commentary on BDORY stock: The target price can generally be said to be on the rise.
The commentary on BDORY stock: Fluctuations in the target price can be expected in the coming days.
The target price for Banco do Brasil stock by the end of 2024 is predicted to be 5.266 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on BDORY stock, and the 2024 target price predictions for Banco do Brasil are detailed above.
The technical analysis and charts for the commentary on BDORY stock are below.
BDORY Support & Resistance and Trend Analysis
BDORY stock you have reviewed the technical analysis support resistance charts regarding.
BDORY : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the BDORY review, the Banco do Brasil 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.
Banco do Brasil Support and Resistance Prices:
| BDORY Support Level Price | BDORY Resistance Level Price |
|---|---|
| 4.97 | 5.25 |
| 5.01 | 5.53 |
| 5.09 | 5.59 |
| 5.14 | 5.61 |
| 5.15 | 5.76 |
| 5.44 | 5.80 |
| 5.50 | 5.82 |
| 5.53 | 5.85 |
| 5.55 | 5.97 |
| 5.62 | 6.03 |
| 6.22 |
BDORY Technical Analysis: SMA, RSI, MACD
Upon reviewing the BDORY chart, buy and sell signals have been generated in the Banco do Brasil 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 BDORY stock are as follows:- The technical analysis for BDORY indicates that the 14-period RSI has most recently generated a 'Sell' signal.
- The technical analysis for Banco do Brasil 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 Banco do Brasil stock: Click here to read more predictions on The Kroger Co. stock.
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