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GMBXF Stock Forecast & Grupo México Chart Analysis

This article provides a detailed analysis of GMBXF-Grupo México stock including a forecast for GMBXF shares. It features Grupo México, 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.

GMBXF Historical Data Review

GMBXF Current Price Performance Analysis

The Grupo México - GMBXF stock traded on the American stock market, on 06-05-2024, closed at 5.62$ with a %5.24 increased compared to the previous day.

In the last month, the price of GMBXF changed by %-8.91 decreased in value, from 6.17 dollars on 05-06-2024 to 5.62 dollars, decreased.

Last year, the price of GMBXF was 4.83 dollars on 06-06-2023, and changed by %16.36 increased in value, to 5.62 dollars increased within a year.

The price of Grupo México 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.

GMBXF with AI Stock Forecast & Price Target

GMBXF stock forecast Grupo México price target

On the GMBXF chart Grupo México price was recorded as 5.62 Dollars on 06/05/2024.

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

The artificial intelligence's prediction error margin for GMBXF 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 México stock over the next 4 months is: 6.4 Dollars.

The commentary on GMBXF stock Target Price: Highest: 6.853 Dollars is predicted.

The commentary on GMBXF stock Target Price: Lowest: 6.017 Dollars is predicted.

Resistance Price where Grupo México stock will Rise and Fall:

Date Price Prediction
07-15-2024 6.385
09-23-2024 6.853
01-31-2025 6.681
02-10-2025 6.665

Support Price where Grupo México stock will Fall and Rise:

Date Price Prediction
08-19-2024 6.033
10-28-2024 6.405
01-16-2025 6.667
02-05-2025 6.664
03-17-2025 6.017

The commentary on GMBXF stock: The target price can generally be said to be on the rise.

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

The target price for Grupo México stock by the end of 2024 is predicted to be 6.645 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on GMBXF stock, and the 2024 target price predictions for Grupo México are detailed above.

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

GMBXF Support & Resistance and Trend Analysis

GMBXF review Grupo México technical analysis trend chart GMBXF priceGMBXF stock support and resistance price chart

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

GMBXF : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the GMBXF review, the Grupo México 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 México Support and Resistance Prices:

GMBXF Support Level Price GMBXF Resistance Level Price
4.02 4.51
4.23 4.68
4.65 5.35
4.75 5.63
5.42 6.30
5.51 6.71
5.80 6.85
5.85 7.00

GMBXF Technical Analysis: SMA, RSI, MACD

GMBXF review Grupo México SMA chart analysis GMBXF priceGMBXF buy or sell review Grupo México MACD chart analysis GMBXF price

Upon reviewing the GMBXF chart, buy and sell signals have been generated in the Grupo México 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 GMBXF stock are as follows:
  1. The technical analysis for GMBXF indicates that the 14-period RSI has most recently generated a 'Sell' signal.
  2. The technical analysis for Grupo México 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 México stock: Click here to read more predictions on Givaudan SA stock.

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