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Takip Edin: @UscMarketsBYDDF Stock Forecast & BYD Company Limited Chart Analysis
This article provides a detailed analysis of BYDDF-BYD Company Limited stock including a forecast for BYDDF shares. It features BYD Company Limited 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.
BYDDF Historical Data Review
BYDDF Current Price Performance Analysis
The BYD Company Limited - BYDDF stock traded on the American stock market, on 06-05-2024, closed at 29.96$ with a %1.59 increased compared to the previous day.
In the last month, the price of BYDDF changed by %3.42 increased in value, from 28.97 dollars on 05-06-2024 to 29.96 dollars, increased.
Last year, the price of BYDDF was 32.75 dollars on 06-06-2023, and changed by %-8.52 decreased in value, to 29.96 dollars decreased within a year.
The price of BYD Company Limited 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.
BYDDF with AI Stock Forecast & Price Target
On the BYDDF chart BYD Company Limited price was recorded as 29.96 Dollars on 06/05/2024.
The artificial intelligence's forecast on BYDDF stock is as follows.
The artificial intelligence's prediction error margin for BYDDF 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 BYD Company Limited stock over the next 4 months is: 30.2 Dollars.
The commentary on BYDDF stock Target Price: Highest: 33.189 Dollars is predicted.
The commentary on BYDDF stock Target Price: Lowest: 26.232 Dollars is predicted.
Resistance Price where BYD Company Limited stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 07-15-2024 | 31.335 |
| 10-08-2024 | 33.189 |
| 12-17-2024 | 31.173 |
| 03-07-2025 | 29.979 |
Support Price where BYD Company Limited stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 08-19-2024 | 27.643 |
| 12-12-2024 | 31.154 |
| 01-31-2025 | 27.512 |
| 03-17-2025 | 29.821 |
The commentary on BYDDF stock: Fluctuations in the target price can be expected in the coming days.
The target price for BYD Company Limited stock by the end of 2024 is predicted to be 30.912 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on BYDDF stock, and the 2024 target price predictions for BYD Company Limited are detailed above.
The technical analysis and charts for the commentary on BYDDF stock are below.
BYDDF Support & Resistance and Trend Analysis
BYDDF stock you have reviewed the technical analysis support resistance charts regarding.
BYDDF : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the BYDDF review, the BYD Company Limited 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.
BYD Company Limited Support and Resistance Prices:
| BYDDF Support Level Price | BYDDF Resistance Level Price |
|---|---|
| 21.80 | 24.67 |
| 22.51 | 26.00 |
| 23.35 | 27.46 |
| 24.35 | 27.99 |
| 24.46 | 28.01 |
| 24.90 | 28.04 |
| 24.95 | 28.30 |
| 26.20 | 29.20 |
| 26.32 | 29.62 |
| 29.72 | |
| 32.50 |
BYDDF Technical Analysis: SMA, RSI, MACD
Upon reviewing the BYDDF chart, buy and sell signals have been generated in the BYD Company Limited 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 BYDDF stock are as follows:- BYDDF technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for BYD Company Limited gave a 'Buy' signal when the RSI was at 27.813, with the current RSI value at 62.022.
- The technical analysis for BYDDF indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
- The technical analysis for BYD Company Limited issued a 'Buy' signal when the MACD was at 0.235, with the current MACD value being: 0.447
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 BYD Company Limited stock: Click here to read more predictions on Cardinal Health stock.
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