CTTAF Stock Forecast & Continental Aktiengesellschaft Chart Analysis
This article provides a detailed analysis of CTTAF-Continental Aktiengesellschaft stock including a forecast for CTTAF shares. It features Continental Aktiengesellschaft 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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CTTAF Historical Data Review
CTTAF Current Price Performance Analysis
The Continental Aktiengesellschaft - CTTAF stock traded on the American stock market, on 06-05-2024, closed at 68.5$ with a %3.79 increased compared to the previous day.
In the last month, the price of CTTAF changed by %3.95 increased in value, from 65.9 dollars on 05-06-2024 to 68.5 dollars, increased.
Last year, the price of CTTAF was 73.15 dollars on 06-06-2023, and changed by %-6.36 decreased in value, to 68.5 dollars decreased within a year.
The price of Continental Aktiengesellschaft 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.
CTTAF with AI Stock Forecast & Price Target
On the CTTAF chart Continental Aktiengesellschaft price was recorded as 68.5 Dollars on 06/05/2024.
The artificial intelligence's forecast on CTTAF stock is as follows.
The artificial intelligence's prediction error margin for CTTAF 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 Continental Aktiengesellschaft stock over the next 4 months is: 55.4 Dollars.
The commentary on CTTAF stock Target Price: Highest: 67.945 Dollars is predicted.
The commentary on CTTAF stock Target Price: Lowest: 48.406 Dollars is predicted.
Resistance Price where Continental Aktiengesellschaft stock will Rise and Fall:
Date | Price Prediction |
---|---|
10-08-2024 | 58.411 |
12-02-2024 | 56.279 |
Support Price where Continental Aktiengesellschaft stock will Fall and Rise:
Date | Price Prediction |
---|---|
08-29-2024 | 53.056 |
11-12-2024 | 54.157 |
02-20-2025 | 48.406 |
The commentary on CTTAF stock: The target price can generally be said to be on the decline.
The commentary on CTTAF stock: Fluctuations in the target price can be expected in the coming days.
The target price for Continental Aktiengesellschaft stock by the end of 2024 is predicted to be 54.301 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on CTTAF stock, and the 2024 target price predictions for Continental Aktiengesellschaft are detailed above.
The technical analysis and charts for the commentary on CTTAF stock are below.
CTTAF Support & Resistance and Trend Analysis
CTTAF stock you have reviewed the technical analysis support resistance charts regarding.
CTTAF : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the CTTAF review, the Continental Aktiengesellschaft 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.
Continental Aktiengesellschaft Support and Resistance Prices:
CTTAF Support Level Price | CTTAF Resistance Level Price |
---|---|
62.70 | 68.60 |
63.31 | 70.78 |
63.80 | 75.00 |
64.50 | 77.44 |
68.37 | 82.20 |
70.10 | 83.40 |
76.10 | 84.50 |
76.25 | 84.60 |
77.20 | 86.22 |
78.25 | 86.93 |
78.45 | |
79.95 |
CTTAF Technical Analysis: SMA, RSI, MACD
Upon reviewing the CTTAF chart, buy and sell signals have been generated in the Continental Aktiengesellschaft 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 CTTAF stock are as follows:- The technical analysis for Continental Aktiengesellschaft 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 Continental Aktiengesellschaft stock: Click here to read more predictions on Shinhan Financial Group stock.
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