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Takip Edin: @UscMarketsBZLFY Stock Forecast & Bunzl plc Chart Analysis
This article provides a detailed analysis of BZLFY-Bunzl plc stock including a forecast for BZLFY shares. It features Bunzl plc 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.
BZLFY Historical Data Review
BZLFY Current Price Performance Analysis
The Bunzl plc - BZLFY stock traded on the American stock market, on 06-05-2024, closed at 37.9$ with a %-0.63 decreased compared to the previous day.
In the last month, the price of BZLFY changed by %-3.54 decreased in value, from 39.29 dollars on 05-06-2024 to 37.9 dollars, decreased.
Last year, the price of BZLFY was 38.75 dollars on 06-06-2023, and changed by %-2.19 decreased in value, to 37.9 dollars decreased within a year.
The price of Bunzl plc 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.
BZLFY with AI Stock Forecast & Price Target
On the BZLFY chart Bunzl plc price was recorded as 37.9 Dollars on 06/05/2024.
The artificial intelligence's forecast on BZLFY stock is as follows.
The artificial intelligence's prediction error margin for BZLFY 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 Bunzl plc stock over the next 4 months is: 42.3 Dollars.
The commentary on BZLFY stock Target Price: Highest: 44.684 Dollars is predicted.
The commentary on BZLFY stock Target Price: Lowest: 39.189 Dollars is predicted.
Resistance Price where Bunzl plc stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 07-05-2024 | 42.313 |
| 10-23-2024 | 44.684 |
| 11-12-2024 | 44.647 |
| 03-07-2025 | 43.065 |
Support Price where Bunzl plc stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 08-19-2024 | 39.189 |
| 11-07-2024 | 44.638 |
| 01-31-2025 | 41.616 |
| 04-01-2025 | 41.581 |
The commentary on BZLFY stock: Fluctuations in the target price can be expected in the coming days.
The target price for Bunzl plc stock by the end of 2024 is predicted to be 42.675 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on BZLFY stock, and the 2024 target price predictions for Bunzl plc are detailed above.
The technical analysis and charts for the commentary on BZLFY stock are below.
BZLFY Support & Resistance and Trend Analysis
BZLFY stock you have reviewed the technical analysis support resistance charts regarding.
BZLFY : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the BZLFY review, the Bunzl plc 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.
Bunzl plc Support and Resistance Prices:
| BZLFY Support Level Price | BZLFY Resistance Level Price |
|---|---|
| 35.17 | 37.20 |
| 36.60 | 38.30 |
| 36.61 | 38.56 |
| 36.77 | 39.27 |
| 38.25 | 40.22 |
| 38.26 | 40.49 |
| 39.32 | 40.98 |
| 39.58 | 41.42 |
| 39.89 | 42.02 |
| 42.04 | |
| 42.39 |
BZLFY Technical Analysis: SMA, RSI, MACD
Upon reviewing the BZLFY chart, buy and sell signals have been generated in the Bunzl plc 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 BZLFY stock are as follows:- BZLFY technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for Bunzl plc gave a 'Buy' signal when the RSI was at 29.93, with the current RSI value at 35.729.
- The technical analysis for Bunzl plc 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 Bunzl plc stock: Click here to read more predictions on PT Astra International stock.
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