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CKHGY Stock Forecast & Capitec Bank Holdings Chart Analysis

This article provides a detailed analysis of CKHGY-Capitec Bank Holdings stock including a forecast for CKHGY shares. It features Capitec Bank Holdings 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.

CKHGY Historical Data Review

CKHGY Current Price Performance Analysis

The Capitec Bank Holdings - CKHGY stock traded on the American stock market, on 06-05-2024, closed at 56.06$ with a %-4.27 decreased compared to the previous day.

In the last month, the price of CKHGY changed by %-10.43 decreased in value, from 62.59 dollars on 05-06-2024 to 56.06 dollars, decreased.

Last year, the price of CKHGY was 36.14 dollars on 06-06-2023, and changed by %55.12 increased in value, to 56.06 dollars increased within a year.

The price of Capitec Bank Holdings 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.

CKHGY with AI Stock Forecast & Price Target

CKHGY stock forecast Capitec Bank Holdings price target

On the CKHGY chart Capitec Bank Holdings price was recorded as 56.06 Dollars on 06/05/2024.

The artificial intelligence's forecast on CKHGY stock is as follows.

The artificial intelligence's prediction error margin for CKHGY 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 Capitec Bank Holdings stock over the next 4 months is: 56.2 Dollars.

The commentary on CKHGY stock Target Price: Highest: 63.292 Dollars is predicted.

The commentary on CKHGY stock Target Price: Lowest: 51.67 Dollars is predicted.

Resistance Price where Capitec Bank Holdings stock will Rise and Fall:

Date Price Prediction
09-13-2024 58.323
12-27-2024 54.006
03-07-2025 58.126

Support Price where Capitec Bank Holdings stock will Fall and Rise:

Date Price Prediction
08-19-2024 57.503
11-07-2024 51.670
01-21-2025 52.192
03-17-2025 57.783

The commentary on CKHGY stock: Fluctuations in the target price can be expected in the coming days.

The target price for Capitec Bank Holdings stock by the end of 2024 is predicted to be 54.006 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on CKHGY stock, and the 2024 target price predictions for Capitec Bank Holdings are detailed above.

The technical analysis and charts for the commentary on CKHGY stock are below.

CKHGY Support & Resistance and Trend Analysis

CKHGY review Capitec Bank Holdings technical analysis trend chart CKHGY priceCKHGY stock support and resistance price chart

CKHGY stock you have reviewed the technical analysis support resistance charts regarding.

CKHGY : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the CKHGY review, the Capitec Bank Holdings 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.

Capitec Bank Holdings Support and Resistance Prices:

CKHGY Support Level Price CKHGY Resistance Level Price
48.92 54.06
49.62 54.65
50.53 54.85
50.97 54.92
51.19 55.25
51.40 55.28
51.90 55.34
51.91 55.51
52.10 55.94
53.22 56.85
58.45 57.56
60.25
63.97

CKHGY Technical Analysis: SMA, RSI, MACD

CKHGY review Capitec Bank Holdings SMA chart analysis CKHGY priceCKHGY buy or sell review Capitec Bank Holdings MACD chart analysis CKHGY price

Upon reviewing the CKHGY chart, buy and sell signals have been generated in the Capitec Bank Holdings 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 CKHGY stock are as follows:
  1. The technical analysis for Capitec Bank Holdings 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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