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HBCYF Stock Forecast & HSBC Holdings plc Chart Analysis

This article provides a detailed analysis of HBCYF-HSBC Holdings plc stock including a forecast for HBCYF shares. It features HSBC Holdings plc 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.

HBCYF Historical Data Review

HBCYF Current Price Performance Analysis

The HSBC Holdings plc - HBCYF stock traded on the American stock market, on 06-05-2024, closed at 8.7$ with a %-3.12 decreased compared to the previous day.

In the last month, the price of HBCYF changed by %-3.23 decreased in value, from 8.99 dollars on 05-06-2024 to 8.7 dollars, decreased.

Last year, the price of HBCYF was 7.7 dollars on 06-06-2023, and changed by %12.99 increased in value, to 8.7 dollars increased within a year.

The price of HSBC Holdings plc 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.

HBCYF with AI Stock Forecast & Price Target

HBCYF stock forecast HSBC Holdings plc price target

On the HBCYF chart HSBC Holdings plc price was recorded as 8.7 Dollars on 06/05/2024.

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

The artificial intelligence's prediction error margin for HBCYF 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 HSBC Holdings plc stock over the next 4 months is: 8.6 Dollars.

The commentary on HBCYF stock Target Price: Highest: 9.464 Dollars is predicted.

The commentary on HBCYF stock Target Price: Lowest: 8.058 Dollars is predicted.

Resistance Price where HSBC Holdings plc stock will Rise and Fall:

Date Price Prediction
07-05-2024 8.862
12-27-2024 9.464
03-07-2025 8.868

Support Price where HSBC Holdings plc stock will Fall and Rise:

Date Price Prediction
08-29-2024 8.058
02-05-2025 8.364
03-27-2025 8.625

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

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

The target price for HSBC Holdings plc stock by the end of 2024 is predicted to be 9.464 Dollars.

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

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

HBCYF Support & Resistance and Trend Analysis

HBCYF review HSBC Holdings plc technical analysis trend chart HBCYF priceHBCYF stock support and resistance price chart

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

HBCYF : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the HBCYF review, the HSBC Holdings plc 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.

HSBC Holdings plc Support and Resistance Prices:

HBCYF Support Level Price HBCYF Resistance Level Price
7.11 7.74
7.18 7.75
7.25 7.78
7.31 7.94
7.33 7.96
7.36 8.01
7.40 8.11
7.41 8.15
7.42 8.17
7.47 8.20
7.50 8.40
7.64 8.85
7.80 9.14
8.45
8.52

HBCYF Technical Analysis: SMA, RSI, MACD

HBCYF review HSBC Holdings plc SMA chart analysis HBCYF priceHBCYF buy or sell review HSBC Holdings plc MACD chart analysis HBCYF price

Upon reviewing the HBCYF chart, buy and sell signals have been generated in the HSBC Holdings plc 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 HBCYF stock are as follows:
  1. The technical analysis for HSBC Holdings plc 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.

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