GELYY Stock Forecast & Geely Automobile Holdings Chart Analysis
This article provides a detailed analysis of GELYY-Geely Automobile Holdings stock including a forecast for GELYY 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
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GELYY Historical Data Review
GELYY Current Price Performance Analysis
The Geely Automobile Holdings - GELYY stock traded on the American stock market, on 06-05-2024, closed at 25.17$ with a %1.82 increased compared to the previous day.
In the last month, the price of GELYY changed by %-0.75 decreased in value, from 25.36 dollars on 05-06-2024 to 25.17 dollars, decreased.
Last year, the price of GELYY was 24.5 dollars on 06-06-2023, and changed by %2.73 increased in value, to 25.17 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.
GELYY with AI Stock Forecast & Price Target
On the GELYY chart Geely Automobile Holdings price was recorded as 25.17 Dollars on 06/05/2024.
The artificial intelligence's forecast on GELYY stock is as follows.
The artificial intelligence's prediction error margin for GELYY 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 Geely Automobile Holdings stock over the next 4 months is: 22.7 Dollars.
The commentary on GELYY stock Target Price: Highest: 26.535 Dollars is predicted.
The commentary on GELYY stock Target Price: Lowest: 17.258 Dollars is predicted.
Resistance Price where Geely Automobile Holdings stock will Rise and Fall:
Date | Price Prediction |
---|---|
07-15-2024 | 26.535 |
10-03-2024 | 25.724 |
11-12-2024 | 24.247 |
03-27-2025 | 20.927 |
Support Price where Geely Automobile Holdings stock will Fall and Rise:
Date | Price Prediction |
---|---|
08-19-2024 | 22.729 |
11-07-2024 | 24.220 |
02-10-2025 | 17.258 |
04-01-2025 | 20.877 |
The commentary on GELYY 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 21.233 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on GELYY stock, and the 2024 target price predictions for Geely Automobile Holdings are detailed above.
The technical analysis and charts for the commentary on GELYY stock are below.
GELYY Support & Resistance and Trend Analysis
GELYY stock you have reviewed the technical analysis support resistance charts regarding.
GELYY : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the GELYY 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:
GELYY Support Level Price | GELYY Resistance Level Price |
---|---|
18.75 | 20.62 |
19.08 | 21.13 |
19.29 | 21.32 |
19.76 | 22.03 |
20.75 | 22.73 |
22.00 | 24.87 |
23.60 | 25.23 |
24.67 | 25.78 |
27.24 |
GELYY Technical Analysis: SMA, RSI, MACD
Upon reviewing the GELYY 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 GELYY stock are as follows:- 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 CyberArk Software Ltd. stock.
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