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Takip Edin: @UscMarketsCICHF Stock Forecast & China Construction Bank Chart Analysis
This article provides a detailed analysis of CICHF-China Construction Bank stock including a forecast for CICHF shares. It features China Construction Bank Corporation 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.
CICHF Historical Data Review
CICHF Current Price Performance Analysis
The China Construction Bank - CICHF stock traded on the American stock market, on 06-05-2024, closed at 0.7099$ with no change compared to the previous day.
In the last month, the price of CICHF changed by %9.38 increased in value, from 0.649 dollars on 05-06-2024 to 0.7099 dollars, increased.
Last year, the price of CICHF was 0.629 dollars on 06-06-2023, and changed by %12.86 increased in value, to 0.7099 dollars increased within a year.
The price of China Construction Bank 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.
CICHF with AI Stock Forecast & Price Target
On the CICHF chart China Construction Bank price was recorded as 0.71 Dollars on 06/05/2024.
The artificial intelligence's forecast on CICHF stock is as follows.
The artificial intelligence's prediction error margin for CICHF 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 China Construction Bank stock over the next 4 months is: 0.6 Dollars.
The commentary on CICHF stock Target Price: Highest: 0.688 Dollars is predicted.
The commentary on CICHF stock Target Price: Lowest: 0.552 Dollars is predicted.
Resistance Price where China Construction Bank stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 07-15-2024 | 0.688 |
| 10-08-2024 | 0.679 |
Support Price where China Construction Bank stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 06-20-2024 | 0.673 |
| 08-29-2024 | 0.674 |
| 01-31-2025 | 0.552 |
The commentary on CICHF stock: Fluctuations in the target price can be expected in the coming days.
The target price for China Construction Bank stock by the end of 2024 is predicted to be 0.6081 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on CICHF stock, and the 2024 target price predictions for China Construction Bank are detailed above.
The technical analysis and charts for the commentary on CICHF stock are below.
CICHF Support & Resistance and Trend Analysis
CICHF stock you have reviewed the technical analysis support resistance charts regarding.
CICHF : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the CICHF review, the China Construction Bank 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.
China Construction Bank Support and Resistance Prices:
| CICHF Support Level Price | CICHF Resistance Level Price |
|---|---|
| 0.54 | 0.589 |
| 0.55 | 0.600 |
| 0.60 | 0.639 |
| 0.61 | 0.670 |
| 0.769 |
CICHF Technical Analysis: SMA, RSI, MACD
Upon reviewing the CICHF chart, buy and sell signals have been generated in the China Construction Bank 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 CICHF stock are as follows:- The technical analysis for CICHF indicates that the 14-period RSI has most recently generated a 'Sell' signal.
- The technical analysis for China Construction Bank 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.
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