FAXXF Stock Forecast & Fairfax Financial Holdings Chart Analysis
This article provides a detailed analysis of FAXXF-Fairfax Financial Holdings stock including a forecast for FAXXF shares. It features Fairfax Financial 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
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FAXXF Historical Data Review
FAXXF Current Price Performance Analysis
The Fairfax Financial Holdings - FAXXF stock traded on the American stock market, on 06-05-2024, closed at 13.65$ with no change compared to the previous day.
In the last month, the price of FAXXF changed by %1.79 increased in value, from 13.41 dollars on 05-06-2024 to 13.65 dollars, increased.
Last year, the price of FAXXF was 12.56 dollars on 06-06-2023, and changed by %8.68 increased in value, to 13.65 dollars increased within a year.
The price of Fairfax Financial Holdings 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.
FAXXF with AI Stock Forecast & Price Target
On the FAXXF chart Fairfax Financial Holdings price was recorded as 13.65 Dollars on 06/05/2024.
The artificial intelligence's forecast on FAXXF stock is as follows.
The artificial intelligence's prediction error margin for FAXXF 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 Fairfax Financial Holdings stock over the next 4 months is: 14.0 Dollars.
The commentary on FAXXF stock Target Price: Highest: 14.746 Dollars is predicted.
The commentary on FAXXF stock Target Price: Lowest: 13.395 Dollars is predicted.
Resistance Price where Fairfax Financial Holdings stock will Rise and Fall:
Date | Price Prediction |
---|---|
07-05-2024 | 14.746 |
09-13-2024 | 14.202 |
10-18-2024 | 14.360 |
01-21-2025 | 14.179 |
Support Price where Fairfax Financial Holdings stock will Fall and Rise:
Date | Price Prediction |
---|---|
08-09-2024 | 13.816 |
09-18-2024 | 14.198 |
11-22-2024 | 13.794 |
03-27-2025 | 13.395 |
The commentary on FAXXF stock: Fluctuations in the target price can be expected in the coming days.
The target price for Fairfax Financial Holdings stock by the end of 2024 is predicted to be 14.064 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on FAXXF stock, and the 2024 target price predictions for Fairfax Financial Holdings are detailed above.
The technical analysis and charts for the commentary on FAXXF stock are below.
FAXXF Support & Resistance and Trend Analysis
FAXXF stock you have reviewed the technical analysis support resistance charts regarding.
FAXXF : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the FAXXF review, the Fairfax Financial 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.
Fairfax Financial Holdings Support and Resistance Prices:
FAXXF Support Level Price | FAXXF Resistance Level Price |
---|---|
13.21 | 13.7 |
13.40 |
FAXXF Technical Analysis: SMA, RSI, MACD
Upon reviewing the FAXXF chart, buy and sell signals have been generated in the Fairfax Financial 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 FAXXF stock are as follows:- The technical analysis for FAXXF indicates that the 14-period RSI has most recently generated a 'Sell' signal.
- The technical analysis for Fairfax Financial 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.
You have read the comments, technical analyses, target prices, and financial reports for Fairfax Financial Holdings stock: Click here to read more predictions on Fresenius SE & stock.
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