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GELYF Stock Forecast & Geely Automobile Holdings Chart Analysis

This article provides a detailed analysis of GELYF-Geely Automobile Holdings stock including a forecast for GELYF shares. It features Geely Automobile 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

Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.

GELYF Historical Data Review

GELYF Current Price Performance Analysis

The Geely Automobile Holdings - GELYF stock traded on the American stock market, on 06-05-2024, closed at 1.26$ with a %2.44 increased compared to the previous day.

In the last month, the price of GELYF changed by %-1.56 decreased in value, from 1.28 dollars on 05-06-2024 to 1.26 dollars, decreased.

Last year, the price of GELYF was 1.23 dollars on 06-06-2023, and changed by %2.44 increased in value, to 1.26 dollars increased within a year.

The price of Geely Automobile 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.

GELYF with AI Stock Forecast & Price Target

GELYF stock forecast Geely Automobile Holdings price target

On the GELYF chart Geely Automobile Holdings price was recorded as 1.26 Dollars on 06/05/2024.

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

The artificial intelligence's prediction error margin for GELYF 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 Geely Automobile Holdings stock over the next 4 months is: 1.1 Dollars.

The commentary on GELYF stock Target Price: Highest: 1.338 Dollars is predicted.

The commentary on GELYF stock Target Price: Lowest: 0.877 Dollars is predicted.

Resistance Price where Geely Automobile Holdings stock will Rise and Fall:

Date Price Prediction
07-15-2024 1.338
10-03-2024 1.298
11-12-2024 1.229
03-27-2025 1.061

Support Price where Geely Automobile Holdings stock will Fall and Rise:

Date Price Prediction
08-19-2024 1.156
11-07-2024 1.227
02-10-2025 0.877
04-01-2025 1.058

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

The target price for Geely Automobile Holdings stock by the end of 2024 is predicted to be 1.079 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on GELYF stock, and the 2024 target price predictions for Geely Automobile Holdings are detailed above.

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

GELYF Support & Resistance and Trend Analysis

GELYF review Geely Automobile Holdings technical analysis trend chart GELYF priceGELYF stock support and resistance price chart

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

GELYF : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the GELYF review, the Geely Automobile 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.

Geely Automobile Holdings Support and Resistance Prices:

GELYF Support Level Price GELYF Resistance Level Price
0.910 1.05
0.939 1.06
0.959 1.07
1.080 1.17
1.110 1.24
1.150 1.29
1.36

GELYF Technical Analysis: SMA, RSI, MACD

GELYF review Geely Automobile Holdings SMA chart analysis GELYF priceGELYF buy or sell review Geely Automobile Holdings MACD chart analysis GELYF price

Upon reviewing the GELYF chart, buy and sell signals have been generated in the Geely Automobile 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 GELYF stock are as follows:
  1. The technical analysis for Geely Automobile 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 Geely Automobile Holdings stock: Click here to read more predictions on Service Corporation International stock.

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