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CRBJF Stock Forecast & China Resources Land Chart Analysis

This article provides a detailed analysis of CRBJF-China Resources Land stock including a forecast for CRBJF shares. It features China Resources Land 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.

CRBJF Historical Data Review

CRBJF Current Price Performance Analysis

The China Resources Land - CRBJF stock traded on the American stock market, on 06-05-2024, closed at 3.98$ with no change compared to the previous day.

In the last month, the price of CRBJF changed by %34.46 increased in value, from 2.96 dollars on 05-06-2024 to 3.98 dollars, increased.

Last year, the price of CRBJF was 4.66 dollars on 06-06-2023, and changed by %-14.59 decreased in value, to 3.98 dollars decreased within a year.

The price of China Resources Land 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.

CRBJF with AI Stock Forecast & Price Target

CRBJF stock forecast China Resources Land price target

On the CRBJF chart China Resources Land price was recorded as 3.98 Dollars on 06/05/2024.

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

The artificial intelligence's prediction error margin for CRBJF 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 China Resources Land stock over the next 4 months is: 2.4 Dollars.

The commentary on CRBJF stock Target Price: Highest: 3.081 Dollars is predicted.

The commentary on CRBJF stock Target Price: Lowest: 1.87 Dollars is predicted.

Resistance Price where China Resources Land stock will Rise and Fall:

Date Price Prediction
09-13-2024 2.556
11-07-2024 2.485
01-06-2025 2.502

Support Price where China Resources Land stock will Fall and Rise:

Date Price Prediction
08-19-2024 2.525
10-08-2024 2.434
12-02-2024 2.339

The commentary on CRBJF stock: The target price can generally be said to be on the decline.

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

The target price for China Resources Land stock by the end of 2024 is predicted to be 2.469 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on CRBJF stock, and the 2024 target price predictions for China Resources Land are detailed above.

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

CRBJF Support & Resistance and Trend Analysis

CRBJF review China Resources Land technical analysis trend chart CRBJF priceCRBJF stock support and resistance price chart

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

CRBJF : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the CRBJF review, the China Resources Land 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 Resources Land Support and Resistance Prices:

CRBJF Support Level Price CRBJF Resistance Level Price
2.99 3.20
3.00 3.54
4.18

CRBJF Technical Analysis: SMA, RSI, MACD

CRBJF review China Resources Land SMA chart analysis CRBJF priceCRBJF buy or sell review China Resources Land MACD chart analysis CRBJF price

Upon reviewing the CRBJF chart, buy and sell signals have been generated in the China Resources Land 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 CRBJF stock are as follows:
  1. CRBJF technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
  2. The technical analysis for China Resources Land gave a 'Buy' signal when the RSI was at 0.0, with the current RSI value at 84.932.
  3. The technical analysis for China Resources Land 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 Resources Land stock: Click here to read more predictions on Brown & Brown stock.

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