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BMWYY Stock Forecast & Bayerische Motoren Werke Chart Analysis

This article provides a detailed analysis of BMWYY-Bayerische Motoren Werke stock including a forecast for BMWYY shares. It features Bayerische Motoren Werke 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.

BMWYY Historical Data Review

BMWYY Current Price Performance Analysis

The Bayerische Motoren Werke - BMWYY stock traded on the American stock market, on 06-05-2024, closed at 33.21$ with a %-0.27 decreased compared to the previous day.

In the last month, the price of BMWYY changed by %-10.53 decreased in value, from 37.12 dollars on 05-06-2024 to 33.21 dollars, decreased.

Last year, the price of BMWYY was 38.15 dollars on 06-06-2023, and changed by %-12.95 decreased in value, to 33.21 dollars decreased within a year.

The price of Bayerische Motoren Werke 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.

BMWYY with AI Stock Forecast & Price Target

BMWYY stock forecast Bayerische Motoren Werke price target

On the BMWYY chart Bayerische Motoren Werke price was recorded as 33.21 Dollars on 06/05/2024.

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

The artificial intelligence's prediction error margin for BMWYY 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 Bayerische Motoren Werke stock over the next 4 months is: 29.1 Dollars.

The commentary on BMWYY stock Target Price: Highest: 33.665 Dollars is predicted.

The commentary on BMWYY stock Target Price: Lowest: 25.955 Dollars is predicted.

Resistance Price where Bayerische Motoren Werke stock will Rise and Fall:

Date Price Prediction
08-19-2024 29.395
10-03-2024 30.413
12-12-2024 30.838
03-12-2025 26.226

Support Price where Bayerische Motoren Werke stock will Fall and Rise:

Date Price Prediction
08-14-2024 29.390
09-03-2024 29.226
11-07-2024 29.253
02-20-2025 25.955
03-17-2025 26.174

The commentary on BMWYY stock: The target price can generally be said to be on the decline.

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

The target price for Bayerische Motoren Werke stock by the end of 2024 is predicted to be 30.047 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on BMWYY stock, and the 2024 target price predictions for Bayerische Motoren Werke are detailed above.

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

BMWYY Support & Resistance and Trend Analysis

BMWYY review Bayerische Motoren Werke technical analysis trend chart BMWYY priceBMWYY stock support and resistance price chart

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

BMWYY : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the BMWYY review, the Bayerische Motoren Werke 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.

Bayerische Motoren Werke Support and Resistance Prices:

BMWYY Support Level Price BMWYY Resistance Level Price
33.03 34.07
33.45 35.37
33.90 36.52
34.20 37.35
34.67 37.53
35.51 37.80
35.90 38.28
36.00 40.11
37.34 41.65
37.85

BMWYY Technical Analysis: SMA, RSI, MACD

BMWYY review Bayerische Motoren Werke SMA chart analysis BMWYY priceBMWYY buy or sell review Bayerische Motoren Werke MACD chart analysis BMWYY price

Upon reviewing the BMWYY chart, buy and sell signals have been generated in the Bayerische Motoren Werke 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 BMWYY stock are as follows:
  1. BMWYY technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
  2. The technical analysis for Bayerische Motoren Werke gave a 'Buy' signal when the RSI was at 24.375, with the current RSI value at 21.384.
  3. The technical analysis for BMWYY indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
  4. The technical analysis for Bayerische Motoren Werke issued a 'Buy' signal when the MACD was at -1.074, with the current MACD value being: -1.074

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 Bayerische Motoren Werke stock: Click here to read more predictions on UniCredit S.p.A. stock.

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