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Takip Edin: @UscMarketsCMAKY Stock Forecast & China Minsheng Banking Chart Analysis
This article provides a detailed analysis of CMAKY-China Minsheng Banking stock including a forecast for CMAKY shares. It features China Minsheng Banking Corp., Ltd. 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.
CMAKY Historical Data Review
CMAKY Current Price Performance Analysis
The China Minsheng Banking - CMAKY stock traded on the American stock market, on 06-05-2024, closed at 3.62$ with no change compared to the previous day.
Last month, the price of CMAKY was 3.62 dollars on 05-06-2024, and did not change a month later.
Last year, the price of CMAKY was 3.89 dollars on 06-06-2023, and changed by %-6.94 decreased in value, to 3.62 dollars decreased within a year.
The price of China Minsheng Banking 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.
CMAKY with AI Stock Forecast & Price Target
On the CMAKY chart China Minsheng Banking price was recorded as 3.62 Dollars on 06/05/2024.
The artificial intelligence's forecast on CMAKY stock is as follows.
The artificial intelligence's prediction error margin for CMAKY stock is moderate.
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 Minsheng Banking stock over the next 4 months is: 3.5 Dollars.
The commentary on CMAKY stock Target Price: Highest: 3.786 Dollars is predicted.
The commentary on CMAKY stock Target Price: Lowest: 3.099 Dollars is predicted.
Resistance Price where China Minsheng Banking stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 07-30-2024 | 3.614 |
| 10-28-2024 | 3.786 |
| 12-27-2024 | 3.635 |
| 03-17-2025 | 3.229 |
Support Price where China Minsheng Banking stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 06-25-2024 | 3.464 |
| 08-29-2024 | 3.543 |
| 12-02-2024 | 3.578 |
| 02-20-2025 | 3.099 |
| 04-11-2025 | 3.195 |
The commentary on CMAKY stock: Fluctuations in the target price can be expected in the coming days.
The target price for China Minsheng Banking stock by the end of 2024 is predicted to be 3.635 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on CMAKY stock, and the 2024 target price predictions for China Minsheng Banking are detailed above.
The technical analysis and charts for the commentary on CMAKY stock are below.
CMAKY Support & Resistance and Trend Analysis
CMAKY stock you have reviewed the technical analysis support resistance charts regarding.
CMAKY : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the CMAKY review, the China Minsheng Banking 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 Minsheng Banking Support and Resistance Prices:
| CMAKY Support Level Price | CMAKY Resistance Level Price |
|---|---|
| 3.15 | 3.38 |
| 3.23 | 3.42 |
| 3.27 | 3.50 |
| 3.31 | 3.64 |
| 3.38 | 3.86 |
CMAKY Technical Analysis: SMA, RSI, MACD
Upon reviewing the CMAKY chart, buy and sell signals have been generated in the China Minsheng Banking 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 CMAKY stock are as follows:- The technical analysis for CMAKY indicates that the 14-period RSI has most recently generated a 'Sell' signal.
- The technical analysis for China Minsheng Banking 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 China Minsheng Banking stock: Click here to read more predictions on Nippon Yusen Kabushiki stock.
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