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BKRKY Stock Forecast & PT Bank Rakyat Chart Analysis

This article provides a detailed analysis of BKRKY-PT Bank Rakyat stock including a forecast for BKRKY shares. It features PT Bank Rakyat Indonesia (Persero) Tbk 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.

BKRKY Historical Data Review

BKRKY Current Price Performance Analysis

The PT Bank Rakyat - BKRKY stock traded on the American stock market, on 06-05-2024, closed at 13.52$ with a %-1.89 decreased compared to the previous day.

In the last month, the price of BKRKY changed by %-9.75 decreased in value, from 14.98 dollars on 05-06-2024 to 13.52 dollars, decreased.

Last year, the price of BKRKY was 18.13 dollars on 06-06-2023, and changed by %-25.43 decreased in value, to 13.52 dollars decreased within a year.

The price of PT Bank Rakyat 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.

BKRKY with AI Stock Forecast & Price Target

BKRKY stock forecast PT Bank Rakyat price target

On the BKRKY chart PT Bank Rakyat price was recorded as 13.52 Dollars on 06/05/2024.

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

The artificial intelligence's prediction error margin for BKRKY 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 PT Bank Rakyat stock over the next 4 months is: 16.7 Dollars.

The commentary on BKRKY stock Target Price: Highest: 17.794 Dollars is predicted.

The commentary on BKRKY stock Target Price: Lowest: 14.78 Dollars is predicted.

Resistance Price where PT Bank Rakyat stock will Rise and Fall:

Date Price Prediction
06-25-2024 16.870
11-07-2024 17.086
01-06-2025 17.794
03-07-2025 16.978

Support Price where PT Bank Rakyat stock will Fall and Rise:

Date Price Prediction
08-09-2024 14.780
11-22-2024 17.014
02-20-2025 16.867
04-01-2025 16.913

The commentary on BKRKY stock: The target price can generally be said to be on the rise.

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

The target price for PT Bank Rakyat stock by the end of 2024 is predicted to be 17.673 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on BKRKY stock, and the 2024 target price predictions for PT Bank Rakyat are detailed above.

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

BKRKY Support & Resistance and Trend Analysis

BKRKY review PT Bank Rakyat technical analysis trend chart BKRKY priceBKRKY stock support and resistance price chart

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

BKRKY : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the BKRKY review, the PT Bank Rakyat 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.

PT Bank Rakyat Support and Resistance Prices:

BKRKY Support Level Price BKRKY Resistance Level Price
13.32 15.50
14.09 17.61
15.74 18.32
16.00 18.75
16.53 18.95
17.17 19.12
17.34 19.29
17.60 19.98
18.95 20.94
19.30 20.98
21.35

BKRKY Technical Analysis: SMA, RSI, MACD

BKRKY review PT Bank Rakyat SMA chart analysis BKRKY priceBKRKY buy or sell review PT Bank Rakyat MACD chart analysis BKRKY price

Upon reviewing the BKRKY chart, buy and sell signals have been generated in the PT Bank Rakyat 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 BKRKY stock are as follows:
  1. BKRKY technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
  2. The technical analysis for PT Bank Rakyat gave a 'Buy' signal when the RSI was at 26.573, with the current RSI value at 30.769.
  3. The technical analysis for PT Bank Rakyat 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 PT Bank Rakyat stock: Click here to read more predictions on Recruit Holdings Co. stock.

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