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Takip Edin: @UscMarketsHSNGY Stock Forecast & Hang Seng Bank Chart Analysis
This article provides a detailed analysis of HSNGY-Hang Seng Bank stock including a forecast for HSNGY 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.
HSNGY Historical Data Review
HSNGY Current Price Performance Analysis
The Hang Seng Bank - HSNGY stock traded on the American stock market, on 06-05-2024, closed at 13.94$ with a %-0.85 decreased compared to the previous day.
In the last month, the price of HSNGY changed by %2.88 increased in value, from 13.55 dollars on 05-06-2024 to 13.94 dollars, increased.
Last year, the price of HSNGY was 13.97 dollars on 06-06-2023, and changed by %-0.21 decreased in value, to 13.94 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.
HSNGY with AI Stock Forecast & Price Target
On the HSNGY chart Hang Seng Bank price was recorded as 13.94 Dollars on 06/05/2024.
The artificial intelligence's forecast on HSNGY stock is as follows.
The artificial intelligence's prediction error margin for HSNGY 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 Hang Seng Bank stock over the next 4 months is: 11.9 Dollars.
The commentary on HSNGY stock Target Price: Highest: 13.571 Dollars is predicted.
The commentary on HSNGY stock Target Price: Lowest: 10.057 Dollars is predicted.
Resistance Price where Hang Seng Bank stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 06-20-2024 | 13.571 |
| 08-19-2024 | 12.524 |
| 12-27-2024 | 12.186 |
| 02-20-2025 | 10.634 |
Support Price where Hang Seng Bank stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 08-14-2024 | 12.522 |
| 11-27-2024 | 11.924 |
| 02-05-2025 | 10.539 |
| 04-01-2025 | 10.057 |
The commentary on HSNGY stock: The target price can generally be said to be on the decline.
The commentary on HSNGY 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 12.186 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on HSNGY stock, and the 2024 target price predictions for Hang Seng Bank are detailed above.
The technical analysis and charts for the commentary on HSNGY stock are below.
HSNGY Support & Resistance and Trend Analysis
HSNGY stock you have reviewed the technical analysis support resistance charts regarding.
HSNGY : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the HSNGY 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:
| HSNGY Support Level Price | HSNGY Resistance Level Price |
|---|---|
| 10.20 | 10.79 |
| 10.23 | 11.48 |
| 10.56 | 11.69 |
| 10.70 | 11.70 |
| 10.74 | 11.74 |
| 10.80 | 11.79 |
| 11.00 | 11.88 |
| 11.79 | 13.20 |
| 14.81 |
HSNGY Technical Analysis: SMA, RSI, MACD
Upon reviewing the HSNGY 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 HSNGY 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 Axon Enterprise stock.
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