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Takip Edin: @UscMarketsBG Stock Forecast & Bunge Global SA Chart Analysis
This article provides a detailed analysis of BG-Bunge Global SA stock including a forecast for BG shares. It features Bunge Global SA 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.
BG Historical Data Review
BG Current Price Performance Analysis
The Bunge Global SA - BG stock traded on the American stock market, on 06-05-2024, closed at 103.72$ with a %-2.88 decreased compared to the previous day.
In the last month, the price of BG changed by %1.43 increased in value, from 102.26 dollars on 05-06-2024 to 103.72 dollars, increased.
Last year, the price of BG was 92.43 dollars on 06-06-2023, and changed by %12.21 increased in value, to 103.72 dollars increased within a year.
The price of Bunge Global SA 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.
BG with AI Stock Forecast & Price Target
On the BG chart Bunge Global SA price was recorded as 103.72 Dollars on 06/05/2024.
The artificial intelligence's forecast on BG stock is as follows.
The artificial intelligence's prediction error margin for BG 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 Bunge Global SA stock over the next 4 months is: 104.2 Dollars.
The commentary on BG stock Target Price: Highest: 116.487 Dollars is predicted.
The commentary on BG stock Target Price: Lowest: 96.598 Dollars is predicted.
Resistance Price where Bunge Global SA stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 06-20-2024 | 100.832 |
| 07-30-2024 | 96.716 |
| 10-03-2024 | 101.017 |
| 02-20-2025 | 116.487 |
Support Price where Bunge Global SA stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 07-25-2024 | 96.598 |
| 08-14-2024 | 96.639 |
| 11-07-2024 | 96.881 |
| 03-27-2025 | 110.407 |
The commentary on BG stock: The target price can generally be said to be on the rise.
The commentary on BG stock: Fluctuations in the target price can be expected in the coming days.
The target price for Bunge Global SA stock by the end of 2024 is predicted to be 108.674 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on BG stock, and the 2024 target price predictions for Bunge Global SA are detailed above.
The technical analysis and charts for the commentary on BG stock are below.
BG Support & Resistance and Trend Analysis
BG stock you have reviewed the technical analysis support resistance charts regarding.
BG : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the BG review, the Bunge Global SA 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.
Bunge Global SA Support and Resistance Prices:
| BG Support Level Price | BG Resistance Level Price |
|---|---|
| 86.10 | 91.79 |
| 89.34 | 94.56 |
| 100.16 | 94.83 |
| 100.30 | 106.88 |
| 101.40 | 107.62 |
| 101.88 | 108.03 |
| 102.11 | 108.58 |
| 110.27 | |
| 110.44 |
BG Technical Analysis: SMA, RSI, MACD
Upon reviewing the BG chart, buy and sell signals have been generated in the Bunge Global SA 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 BG stock are as follows:- The technical analysis for BG indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
- The technical analysis for Bunge Global SA issued a 'Buy' signal when the MACD was at 0.174, with the current MACD value being: 0.672
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 Bunge Global SA stock: Click here to read more predictions on Annaly Capital Management stock.
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