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HXGBF Stock Forecast & Hexagon AB (publ) Chart Analysis

This article provides a detailed analysis of HXGBF-Hexagon AB (publ) stock including a forecast for HXGBF shares. It features Hexagon AB (publ) 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.

HXGBF Historical Data Review

HXGBF Current Price Performance Analysis

The Hexagon AB (publ) - HXGBF stock traded on the American stock market, on 06-05-2024, closed at 11.12$ with no change compared to the previous day.

In the last month, the price of HXGBF changed by %-1.51 decreased in value, from 11.29 dollars on 05-06-2024 to 11.12 dollars, decreased.

Last year, the price of HXGBF was 12.08 dollars on 06-06-2023, and changed by %-7.95 decreased in value, to 11.12 dollars decreased within a year.

The price of Hexagon AB (publ) 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.

HXGBF with AI Stock Forecast & Price Target

HXGBF stock forecast Hexagon AB (publ) price target

On the HXGBF chart Hexagon AB (publ) price was recorded as 11.12 Dollars on 06/05/2024.

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

The artificial intelligence's prediction error margin for HXGBF 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 Hexagon AB (publ) stock over the next 4 months is: 11.9 Dollars.

The commentary on HXGBF stock Target Price: Highest: 13.013 Dollars is predicted.

The commentary on HXGBF stock Target Price: Lowest: 10.454 Dollars is predicted.

Resistance Price where Hexagon AB (publ) stock will Rise and Fall:

Date Price Prediction
10-03-2024 12.638
11-27-2024 12.620
02-20-2025 11.141

Support Price where Hexagon AB (publ) stock will Fall and Rise:

Date Price Prediction
09-03-2024 12.064
10-28-2024 12.005
01-31-2025 11.020
03-27-2025 10.454

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

The target price for Hexagon AB (publ) stock by the end of 2024 is predicted to be 11.419 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on HXGBF stock, and the 2024 target price predictions for Hexagon AB (publ) are detailed above.

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

HXGBF Support & Resistance and Trend Analysis

HXGBF review Hexagon AB (publ) technical analysis trend chart HXGBF priceHXGBF stock support and resistance price chart

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

HXGBF : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the HXGBF review, the Hexagon AB (publ) 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.

Hexagon AB (publ) Support and Resistance Prices:

HXGBF Support Level Price HXGBF Resistance Level Price
10.10 11.15
10.53 11.25
10.76 11.26
10.87 11.62
10.89 11.64
11.48 11.83
11.61 12.33
11.72

HXGBF Technical Analysis: SMA, RSI, MACD

HXGBF review Hexagon AB (publ) SMA chart analysis HXGBF priceHXGBF buy or sell review Hexagon AB (publ) MACD chart analysis HXGBF price

Upon reviewing the HXGBF chart, buy and sell signals have been generated in the Hexagon AB (publ) 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 HXGBF stock are as follows:
  1. The technical analysis for HXGBF indicates that the 14-period RSI has most recently generated a 'Sell' signal.
  2. The technical analysis for Hexagon AB (publ) 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 Hexagon AB (publ) stock: Click here to read more predictions on Chocoladefabriken Lindt & stock.

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