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Takip Edin: @UscMarketsBYMOF Stock Forecast & Bayerische Motoren Werke Chart Analysis
This article provides a detailed analysis of BYMOF-Bayerische Motoren Werke stock including a forecast for BYMOF 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.
BYMOF Historical Data Review
BYMOF Current Price Performance Analysis
The Bayerische Motoren Werke - BYMOF stock traded on the American stock market, on 06-05-2024, closed at 107.9$ with no change compared to the previous day.
Last month, the price of BYMOF was 107.9 dollars on 05-06-2024, and did not change a month later.
Last year, the price of BYMOF was 106.95 dollars on 06-06-2023, and changed by %0.89 increased in value, to 107.9 dollars increased within a year.
The price of Bayerische Motoren Werke stock is exactly at its 50-day moving average. Could be at a mid-term crossroads; anything could happen next. Investors, keep those eyes peeled on the market.
The price of Bayerische Motoren Werke stock matches its 100-day moving average to a tee. This points to some long-term uncertainty, maybe a pivot point. Time to dive deep into the market for a thorough analysis.
BYMOF with AI Stock Forecast & Price Target
On the BYMOF chart Bayerische Motoren Werke price was recorded as 107.9 Dollars on 06/05/2024.
The artificial intelligence's forecast on BYMOF stock is as follows.
The artificial intelligence's prediction error margin for BYMOF 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: 112.5 Dollars.
The commentary on BYMOF stock Target Price: Highest: 121.241 Dollars is predicted.
The commentary on BYMOF stock Target Price: Lowest: 95.149 Dollars is predicted.
Resistance Price where Bayerische Motoren Werke stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 10-18-2024 | 118.488 |
| 01-01-2025 | 121.241 |
Support Price where Bayerische Motoren Werke stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 07-30-2024 | 95.149 |
| 11-07-2024 | 118.329 |
| 04-11-2025 | 104.612 |
The commentary on BYMOF 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 120.818 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on BYMOF stock, and the 2024 target price predictions for Bayerische Motoren Werke are detailed above.
The technical analysis and charts for the commentary on BYMOF stock are below.
BYMOF Support & Resistance and Trend Analysis
BYMOF stock you have reviewed the technical analysis support resistance charts regarding.
BYMOF : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the BYMOF 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:
| BYMOF Support Level Price | BYMOF Resistance Level Price |
|---|---|
| 93.55 | 99.76 |
| 111.50 |
BYMOF Technical Analysis: SMA, RSI, MACD
Upon reviewing the BYMOF 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 BYMOF stock are as follows:- BYMOF technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for Bayerische Motoren Werke gave a 'Buy' signal when the RSI was at 28.0, with the current RSI value at nan.
- The technical analysis for Bayerische Motoren Werke 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 Bayerische Motoren Werke stock: Click here to read more predictions on Hitachi stock.
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