EN
Takip Edin: @UscMarketsHNDAF Stock Forecast & Honda Motor Co. Chart Analysis
This article provides a detailed analysis of HNDAF-Honda Motor Co. stock including a forecast for HNDAF shares. It features Honda Motor Co., Ltd. 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.
HNDAF Historical Data Review
HNDAF Current Price Performance Analysis
The Honda Motor Co. - HNDAF stock traded on the American stock market, on 06-05-2024, closed at 11.4$ with no change compared to the previous day.
In the last month, the price of HNDAF changed by %-2.23 decreased in value, from 11.66 dollars on 05-06-2024 to 11.4 dollars, decreased.
Last year, the price of HNDAF was 9.73 dollars on 06-06-2023, and changed by %17.16 increased in value, to 11.4 dollars increased within a year.
The price of Honda Motor Co. 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.
HNDAF with AI Stock Forecast & Price Target
On the HNDAF chart Honda Motor Co. price was recorded as 11.4 Dollars on 06/05/2024.
The artificial intelligence's forecast on HNDAF stock is as follows.
The artificial intelligence's prediction error margin for HNDAF 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 Honda Motor Co. stock over the next 4 months is: 12.4 Dollars.
The commentary on HNDAF stock Target Price: Highest: 13.712 Dollars is predicted.
The commentary on HNDAF stock Target Price: Lowest: 11.195 Dollars is predicted.
Resistance Price where Honda Motor Co. stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 06-20-2024 | 11.751 |
| 01-06-2025 | 13.253 |
| 03-12-2025 | 13.712 |
Support Price where Honda Motor Co. stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 07-30-2024 | 11.195 |
| 02-05-2025 | 12.965 |
| 04-01-2025 | 13.511 |
The commentary on HNDAF stock: The target price can generally be said to be on the rise.
The commentary on HNDAF stock: Fluctuations in the target price can be expected in the coming days.
The target price for Honda Motor Co. stock by the end of 2024 is predicted to be 13.17 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on HNDAF stock, and the 2024 target price predictions for Honda Motor Co. are detailed above.
The technical analysis and charts for the commentary on HNDAF stock are below.
HNDAF Support & Resistance and Trend Analysis
HNDAF stock you have reviewed the technical analysis support resistance charts regarding.
HNDAF : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the HNDAF review, the Honda Motor Co. 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.
Honda Motor Co. Support and Resistance Prices:
| HNDAF Support Level Price | HNDAF Resistance Level Price |
|---|---|
| 9.56 | 10.66 |
| 10.20 | 10.80 |
| 10.39 | 10.88 |
| 10.98 | 11.72 |
| 11.07 | 11.80 |
| 11.28 | 12.00 |
| 11.38 | 12.61 |
| 11.50 | 12.70 |
| 11.65 | 13.00 |
HNDAF Technical Analysis: SMA, RSI, MACD
Upon reviewing the HNDAF chart, buy and sell signals have been generated in the Honda Motor Co. 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 HNDAF stock are as follows:- HNDAF technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for Honda Motor Co. gave a 'Buy' signal when the RSI was at 24.444, with the current RSI value at 45.294.
- The technical analysis for HNDAF indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
- The technical analysis for Honda Motor Co. issued a 'Buy' signal when the MACD was at -0.129, with the current MACD value being: -0.105
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 Honda Motor Co. stock: Click here to read more predictions on Kering SA stock.
Click here for price target predictions and technical analysis charts of other American stocks