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Takip Edin: @UscMarketsCTPCY Stock Forecast & CITIC Limited Chart Analysis
This article provides a detailed analysis of CTPCY-CITIC Limited stock including a forecast for CTPCY shares. It features CITIC 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
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CTPCY Historical Data Review
CTPCY Current Price Performance Analysis
The CITIC Limited - CTPCY stock traded on the American stock market, on 06-05-2024, closed at 5.15$ with no change compared to the previous day.
In the last month, the price of CTPCY changed by %7.97 increased in value, from 4.77 dollars on 05-06-2024 to 5.15 dollars, increased.
Last year, the price of CTPCY was 5.96 dollars on 06-06-2023, and changed by %-13.59 decreased in value, to 5.15 dollars decreased within a year.
The price of CITIC Limited 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.
CTPCY with AI Stock Forecast & Price Target
On the CTPCY chart CITIC Limited price was recorded as 5.15 Dollars on 06/05/2024.
The artificial intelligence's forecast on CTPCY stock is as follows.
The artificial intelligence's prediction error margin for CTPCY 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 CITIC Limited stock over the next 4 months is: 3.8 Dollars.
The commentary on CTPCY stock Target Price: Highest: 4.897 Dollars is predicted.
The commentary on CTPCY stock Target Price: Lowest: 2.776 Dollars is predicted.
Resistance Price where CITIC Limited stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 07-15-2024 | 4.861 |
| 10-03-2024 | 4.133 |
| 12-12-2024 | 3.816 |
Support Price where CITIC Limited stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 06-25-2024 | 4.773 |
| 09-23-2024 | 4.130 |
| 11-27-2024 | 3.793 |
| 03-27-2025 | 2.776 |
The commentary on CTPCY stock: The target price can generally be said to be on the decline.
The commentary on CTPCY stock: Fluctuations in the target price can be expected in the coming days.
The target price for CITIC Limited stock by the end of 2024 is predicted to be 3.729 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on CTPCY stock, and the 2024 target price predictions for CITIC Limited are detailed above.
The technical analysis and charts for the commentary on CTPCY stock are below.
CTPCY Support & Resistance and Trend Analysis
CTPCY stock you have reviewed the technical analysis support resistance charts regarding.
CTPCY : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the CTPCY review, the CITIC Limited 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.
CITIC Limited Support and Resistance Prices:
| CTPCY Support Level Price | CTPCY Resistance Level Price |
|---|---|
| 4.71 | 4.78 |
| 4.79 | 5.02 |
| 4.80 | 5.08 |
| 4.83 | 5.51 |
| 4.85 | 5.58 |
CTPCY Technical Analysis: SMA, RSI, MACD
Upon reviewing the CTPCY chart, buy and sell signals have been generated in the CITIC Limited 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 CTPCY stock are as follows:- CTPCY technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for CITIC Limited gave a 'Buy' signal when the RSI was at 0.0, with the current RSI value at nan.
- The technical analysis for CITIC Limited 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 CITIC Limited stock: Click here to read more predictions on Renesas Electronics Corporation stock.
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