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Takip Edin: @UscMarketsHYMTF Stock Forecast & Hyundai Motor Company Chart Analysis
This article provides a detailed analysis of HYMTF-Hyundai Motor Company stock including a forecast for HYMTF shares. It features Hyundai Motor Company 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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HYMTF Historical Data Review
HYMTF Current Price Performance Analysis
The Hyundai Motor Company - HYMTF stock traded on the American stock market, on 06-05-2024, closed at 56.5$ with a %1.25 increased compared to the previous day.
In the last month, the price of HYMTF changed by %-1.88 decreased in value, from 57.58 dollars on 05-06-2024 to 56.5 dollars, decreased.
Last year, the price of HYMTF was 42.0 dollars on 06-06-2023, and changed by %34.52 increased in value, to 56.5 dollars increased within a year.
The price of Hyundai Motor Company 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.
HYMTF with AI Stock Forecast & Price Target
On the HYMTF chart Hyundai Motor Company price was recorded as 56.5 Dollars on 06/05/2024.
The artificial intelligence's forecast on HYMTF stock is as follows.
The artificial intelligence's prediction error margin for HYMTF 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 Hyundai Motor Company stock over the next 4 months is: 59.2 Dollars.
The commentary on HYMTF stock Target Price: Highest: 64.733 Dollars is predicted.
The commentary on HYMTF stock Target Price: Lowest: 55.195 Dollars is predicted.
Resistance Price where Hyundai Motor Company stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 06-20-2024 | 58.515 |
| 08-29-2024 | 56.419 |
| 10-23-2024 | 60.516 |
| 12-17-2024 | 64.733 |
Support Price where Hyundai Motor Company stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 07-30-2024 | 55.195 |
| 09-03-2024 | 56.394 |
| 11-07-2024 | 60.049 |
| 02-20-2025 | 58.305 |
The commentary on HYMTF stock: The target price can generally be said to be on the rise.
The commentary on HYMTF stock: Fluctuations in the target price can be expected in the coming days.
The target price for Hyundai Motor Company stock by the end of 2024 is predicted to be 63.828 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on HYMTF stock, and the 2024 target price predictions for Hyundai Motor Company are detailed above.
The technical analysis and charts for the commentary on HYMTF stock are below.
HYMTF Support & Resistance and Trend Analysis
HYMTF stock you have reviewed the technical analysis support resistance charts regarding.
HYMTF : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the HYMTF review, the Hyundai Motor Company 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.
Hyundai Motor Company Support and Resistance Prices:
| HYMTF Support Level Price | HYMTF Resistance Level Price |
|---|---|
| 37.55 | 42.00 |
| 39.80 | 42.45 |
| 40.00 | 42.87 |
| 40.24 | 43.64 |
| 40.66 | 57.61 |
| 51.60 | 58.42 |
| 52.31 | 58.51 |
| 53.54 | 58.55 |
| 54.38 | 60.87 |
| 55.00 | 62.00 |
| 55.20 | 62.41 |
HYMTF Technical Analysis: SMA, RSI, MACD
Upon reviewing the HYMTF chart, buy and sell signals have been generated in the Hyundai Motor Company 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 HYMTF stock are as follows:- The technical analysis for Hyundai Motor Company 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.
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