BTI Stock Forecast & British American Tobacco Chart Analysis
This article provides a detailed analysis of BTI-British American Tobacco stock including a forecast for BTI shares. It features British American Tobacco p.l.c. 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
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BTI Historical Data Review
BTI Current Price Performance Analysis
The British American Tobacco - BTI stock traded on the American stock market, on 06-05-2024, closed at 31.17$ with a %-0.10 decreased compared to the previous day.
In the last month, the price of BTI changed by %4.07 increased in value, from 29.95 dollars on 05-06-2024 to 31.17 dollars, increased.
Last year, the price of BTI was 32.52 dollars on 06-06-2023, and changed by %-4.15 decreased in value, to 31.17 dollars decreased within a year.
The price of British American Tobacco 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.
BTI with AI Stock Forecast & Price Target
On the BTI chart British American Tobacco price was recorded as 31.17 Dollars on 06/05/2024.
The artificial intelligence's forecast on BTI stock is as follows.
The artificial intelligence's prediction error margin for BTI 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 British American Tobacco stock over the next 4 months is: 24.7 Dollars.
The commentary on BTI stock Target Price: Highest: 30.709 Dollars is predicted.
The commentary on BTI stock Target Price: Lowest: 21.758 Dollars is predicted.
Resistance Price where British American Tobacco stock will Rise and Fall:
Date | Price Prediction |
---|---|
12-27-2024 | 24.109 |
Support Price where British American Tobacco stock will Fall and Rise:
Date | Price Prediction |
---|---|
11-27-2024 | 23.562 |
03-17-2025 | 21.758 |
The commentary on BTI stock: The target price can generally be said to be on the decline.
The commentary on BTI stock: Fluctuations in the target price can be expected in the coming days.
The target price for British American Tobacco stock by the end of 2024 is predicted to be 24.109 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on BTI stock, and the 2024 target price predictions for British American Tobacco are detailed above.
The technical analysis and charts for the commentary on BTI stock are below.
BTI Support & Resistance and Trend Analysis
BTI stock you have reviewed the technical analysis support resistance charts regarding.
BTI : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the BTI review, the British American Tobacco 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.
British American Tobacco Support and Resistance Prices:
BTI Support Level Price | BTI Resistance Level Price |
---|---|
28.25 | 30.33 |
28.35 | 30.59 |
28.88 | 30.63 |
28.94 | 30.72 |
29.05 | 31.21 |
29.12 | 31.63 |
29.15 | 31.67 |
29.32 | 32.51 |
29.54 | |
30.01 |
BTI Technical Analysis: SMA, RSI, MACD
Upon reviewing the BTI chart, buy and sell signals have been generated in the British American Tobacco 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 BTI stock are as follows:- The technical analysis for BTI indicates that the 14-period RSI has most recently generated a 'Sell' signal.
- The technical analysis for British American Tobacco 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 British American Tobacco stock: Click here to read more predictions on BYD Company Limited stock.
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