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HSBC Stock Forecast & HSBC Holdings plc Chart Analysis

This article provides a detailed analysis of HSBC-HSBC Holdings plc stock including a forecast for HSBC 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

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HSBC Historical Data Review

HSBC Current Price Performance Analysis

The HSBC Holdings plc - HSBC stock traded on the American stock market, on 06-05-2024, closed at 44.15$ with a %-0.88 decreased compared to the previous day.

In the last month, the price of HSBC changed by %-1.41 decreased in value, from 44.78 dollars on 05-06-2024 to 44.15 dollars, decreased.

Last year, the price of HSBC was 38.2 dollars on 06-06-2023, and changed by %15.58 increased in value, to 44.15 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.

HSBC with AI Stock Forecast & Price Target

HSBC stock forecast HSBC Holdings plc price target

On the HSBC chart HSBC Holdings plc price was recorded as 44.15 Dollars on 06/05/2024.

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

The artificial intelligence's prediction error margin for HSBC 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: 43.5 Dollars.

The commentary on HSBC stock Target Price: Highest: 47.69 Dollars is predicted.

The commentary on HSBC stock Target Price: Lowest: 40.451 Dollars is predicted.

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

Date Price Prediction
07-05-2024 44.694
12-27-2024 47.690
03-07-2025 44.912

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

Date Price Prediction
08-29-2024 40.451
02-05-2025 42.371
03-27-2025 43.608

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

The commentary on HSBC 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 47.69 Dollars.

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

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

HSBC Support & Resistance and Trend Analysis

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

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

HSBC : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the HSBC 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:

HSBC Support Level Price HSBC Resistance Level Price
36.93 39.23
37.11 39.34
37.25 39.84
37.84 40.46
37.89 40.93
38.94 41.43
39.46 41.87
43.40 41.93
43.67 44.89
45.39
45.46

HSBC Technical Analysis: SMA, RSI, MACD

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

Upon reviewing the HSBC 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 HSBC stock are as follows:
  1. The technical analysis for HSBC indicates that the 14-period RSI has most recently generated a 'Sell' signal.
  2. 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.

You have read the comments, technical analyses, target prices, and financial reports for HSBC Holdings plc stock: Click here to read more predictions on NIKE stock.

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