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Takip Edin: @UscMarketsGRBMF Stock Forecast & Grupo Bimbo Chart Analysis
This article provides a detailed analysis of GRBMF-Grupo Bimbo stock including a forecast for GRBMF shares. It features Grupo Bimbo, 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.
GRBMF Historical Data Review
GRBMF Current Price Performance Analysis
The Grupo Bimbo - GRBMF stock traded on the American stock market, on 06-05-2024, closed at 3.46$ with no change compared to the previous day.
In the last month, the price of GRBMF changed by %-14.57 decreased in value, from 4.05 dollars on 05-06-2024 to 3.46 dollars, decreased.
Last year, the price of GRBMF was 5.3 dollars on 06-06-2023, and changed by %-34.72 decreased in value, to 3.46 dollars decreased within a year.
The price of Grupo Bimbo 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.
GRBMF with AI Stock Forecast & Price Target
On the GRBMF chart Grupo Bimbo price was recorded as 3.46 Dollars on 06/05/2024.
The artificial intelligence's forecast on GRBMF stock is as follows.
The artificial intelligence's prediction error margin for GRBMF stock is moderately 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 Bimbo stock over the next 4 months is: 3.8 Dollars.
The commentary on GRBMF stock Target Price: Highest: 4.209 Dollars is predicted.
The commentary on GRBMF stock Target Price: Lowest: 3.213 Dollars is predicted.
Resistance Price where Grupo Bimbo stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 10-08-2024 | 4.155 |
| 12-02-2024 | 4.015 |
| 02-25-2025 | 3.462 |
Support Price where Grupo Bimbo stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 09-03-2024 | 3.903 |
| 11-07-2024 | 3.917 |
| 02-20-2025 | 3.461 |
| 04-01-2025 | 3.213 |
The commentary on GRBMF stock: The target price can generally be said to be on the decline.
The commentary on GRBMF stock: Fluctuations in the target price can be expected in the coming days.
The target price for Grupo Bimbo stock by the end of 2024 is predicted to be 3.897 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on GRBMF stock, and the 2024 target price predictions for Grupo Bimbo are detailed above.
The technical analysis and charts for the commentary on GRBMF stock are below.
GRBMF Support & Resistance and Trend Analysis
GRBMF stock you have reviewed the technical analysis support resistance charts regarding.
GRBMF : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the GRBMF review, the Grupo Bimbo 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 Bimbo Support and Resistance Prices:
| GRBMF Support Level Price | GRBMF Resistance Level Price |
|---|---|
| 3.92 | 4.57 |
| 4.04 | 4.69 |
| 4.18 | 4.70 |
| 4.25 | 4.80 |
| 4.27 | 4.81 |
| 4.81 | 5.22 |
| 5.25 | |
| 5.50 | |
| 5.54 |
GRBMF Technical Analysis: SMA, RSI, MACD
Upon reviewing the GRBMF chart, buy and sell signals have been generated in the Grupo Bimbo 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 GRBMF stock are as follows:- GRBMF technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for Grupo Bimbo gave a 'Buy' signal when the RSI was at 22.314, with the current RSI value at 17.544.
- The technical analysis for Grupo Bimbo 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 Bimbo stock: Click here to read more predictions on Principal Financial Group stock.
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