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Takip Edin: @UscMarketsGBOOY Stock Forecast & Grupo Financiero Banorte Chart Analysis
This article provides a detailed analysis of GBOOY-Grupo Financiero Banorte stock including a forecast for GBOOY shares. It features Grupo Financiero Banorte, S.A.B. de C.V. 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.
GBOOY Historical Data Review
GBOOY Current Price Performance Analysis
The Grupo Financiero Banorte - GBOOY stock traded on the American stock market, on 06-05-2024, closed at 44.26$ with a %6.16 increased compared to the previous day.
In the last month, the price of GBOOY changed by %-13.40 decreased in value, from 51.11 dollars on 05-06-2024 to 44.26 dollars, decreased.
Last year, the price of GBOOY was 42.1 dollars on 06-06-2023, and changed by %5.13 increased in value, to 44.26 dollars increased within a year.
The price of Grupo Financiero Banorte stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.
GBOOY with AI Stock Forecast & Price Target
On the GBOOY chart Grupo Financiero Banorte price was recorded as 44.26 Dollars on 06/05/2024.
The artificial intelligence's forecast on GBOOY stock is as follows.
The artificial intelligence's prediction error margin for GBOOY 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 Grupo Financiero Banorte stock over the next 4 months is: 48.9 Dollars.
The commentary on GBOOY stock Target Price: Highest: 52.658 Dollars is predicted.
The commentary on GBOOY stock Target Price: Lowest: 46.55 Dollars is predicted.
Resistance Price where Grupo Financiero Banorte stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 06-25-2024 | 52.658 |
| 08-14-2024 | 47.188 |
| 10-08-2024 | 48.388 |
| 12-12-2024 | 48.676 |
| 02-20-2025 | 49.767 |
Support Price where Grupo Financiero Banorte stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 08-09-2024 | 47.139 |
| 08-29-2024 | 46.904 |
| 11-12-2024 | 46.550 |
| 01-16-2025 | 47.729 |
| 02-25-2025 | 49.650 |
The commentary on GBOOY stock: The target price can generally be said to be on the rise.
The commentary on GBOOY stock: Fluctuations in the target price can be expected in the coming days.
The target price for Grupo Financiero Banorte stock by the end of 2024 is predicted to be 48.241 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on GBOOY stock, and the 2024 target price predictions for Grupo Financiero Banorte are detailed above.
The technical analysis and charts for the commentary on GBOOY stock are below.
GBOOY Support & Resistance and Trend Analysis
GBOOY stock you have reviewed the technical analysis support resistance charts regarding.
GBOOY : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the GBOOY review, the Grupo Financiero Banorte 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.
Grupo Financiero Banorte Support and Resistance Prices:
| GBOOY Support Level Price | GBOOY Resistance Level Price |
|---|---|
| 44.83 | 49.10 |
| 46.88 | 50.59 |
| 48.15 | 51.37 |
| 49.36 | 52.17 |
| 50.31 | 53.37 |
| 51.03 | 53.41 |
| 52.00 | 53.74 |
| 55.62 | |
| 55.68 | |
| 56.15 |
GBOOY Technical Analysis: SMA, RSI, MACD
Upon reviewing the GBOOY chart, buy and sell signals have been generated in the Grupo Financiero Banorte 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 GBOOY stock are as follows:- GBOOY technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for Grupo Financiero Banorte gave a 'Buy' signal when the RSI was at 29.987, with the current RSI value at 32.857.
- The technical analysis for Grupo Financiero Banorte 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 Grupo Financiero Banorte stock: Click here to read more predictions on Imperial Oil Limited stock.
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