EN
Takip Edin: @UscMarketsHSNGF Stock Forecast & Hang Seng Bank Chart Analysis
This article provides a detailed analysis of HSNGF-Hang Seng Bank stock including a forecast for HSNGF shares. It features Hang Seng Bank Limited 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.
HSNGF Historical Data Review
HSNGF Current Price Performance Analysis
The Hang Seng Bank - HSNGF stock traded on the American stock market, on 06-05-2024, closed at 12.22$ with no change compared to the previous day.
Last month, the price of HSNGF was 12.22 dollars on 05-06-2024, and did not change a month later.
Last year, the price of HSNGF was 14.72 dollars on 06-06-2023, and changed by %-16.98 decreased in value, to 12.22 dollars decreased within a year.
The price of Hang Seng Bank 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.
HSNGF with AI Stock Forecast & Price Target
On the HSNGF chart Hang Seng Bank price was recorded as 12.22 Dollars on 06/05/2024.
The artificial intelligence's forecast on HSNGF stock is as follows.
The artificial intelligence's prediction error margin for HSNGF 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 Hang Seng Bank stock over the next 4 months is: 9.9 Dollars.
The commentary on HSNGF stock Target Price: Highest: 11.961 Dollars is predicted.
The commentary on HSNGF stock Target Price: Lowest: 7.606 Dollars is predicted.
Resistance Price where Hang Seng Bank stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 07-05-2024 | 11.961 |
| 08-29-2024 | 10.844 |
| 10-18-2024 | 10.296 |
| 12-17-2024 | 10.101 |
Support Price where Hang Seng Bank stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 08-14-2024 | 10.778 |
| 10-08-2024 | 10.294 |
| 11-27-2024 | 10.004 |
The commentary on HSNGF stock: The target price can generally be said to be on the decline.
The commentary on HSNGF stock: Fluctuations in the target price can be expected in the coming days.
The target price for Hang Seng Bank stock by the end of 2024 is predicted to be 10.089 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on HSNGF stock, and the 2024 target price predictions for Hang Seng Bank are detailed above.
The technical analysis and charts for the commentary on HSNGF stock are below.
HSNGF Support & Resistance and Trend Analysis
HSNGF stock you have reviewed the technical analysis support resistance charts regarding.
HSNGF : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the HSNGF review, the Hang Seng Bank 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.
Hang Seng Bank Support and Resistance Prices:
| HSNGF Support Level Price | HSNGF Resistance Level Price |
|---|---|
| None | 11.62 |
| None | 12.53 |
HSNGF Technical Analysis: SMA, RSI, MACD
Upon reviewing the HSNGF chart, buy and sell signals have been generated in the Hang Seng Bank 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 HSNGF stock are as follows:- The technical analysis for Hang Seng Bank 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 Hang Seng Bank stock: Click here to read more predictions on Teledyne Technologies Incorporated stock.
Click here for price target predictions and technical analysis charts of other American stocks