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Takip Edin: @UscMarketsIDCBF Stock Forecast & Industrial and Commercial Chart Analysis
This article provides a detailed analysis of IDCBF-Industrial and Commercial stock including a forecast for IDCBF shares. It features Industrial and Commercial Bank of China 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.
IDCBF Historical Data Review
IDCBF Current Price Performance Analysis
The Industrial and Commercial - IDCBF stock traded on the American stock market, on 06-05-2024, closed at 0.61000001$ with no change compared to the previous day.
In the last month, the price of IDCBF changed by %12.96 increased in value, from 0.54000002 dollars on 05-06-2024 to 0.61000001 dollars, increased.
Last year, the price of IDCBF was 0.54000002 dollars on 06-06-2023, and changed by %12.96 increased in value, to 0.61000001 dollars increased within a year.
The price of Industrial and Commercial 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.
IDCBF with AI Stock Forecast & Price Target
On the IDCBF chart Industrial and Commercial price was recorded as 0.61 Dollars on 06/05/2024.
The artificial intelligence's forecast on IDCBF stock is as follows.
The artificial intelligence's prediction error margin for IDCBF 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 Industrial and Commercial stock over the next 4 months is: 0.5 Dollars.
The commentary on IDCBF stock Target Price: Highest: 0.541 Dollars is predicted.
The commentary on IDCBF stock Target Price: Lowest: 0.434 Dollars is predicted.
Resistance Price where Industrial and Commercial stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 09-03-2024 | 0.5220 |
| 10-18-2024 | 0.5205 |
Support Price where Industrial and Commercial stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 01-31-2025 | 0.434 |
The commentary on IDCBF stock: The target price can generally be said to be on the decline.
The commentary on IDCBF stock: Fluctuations in the target price can be expected in the coming days.
The target price for Industrial and Commercial stock by the end of 2024 is predicted to be 0.474 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on IDCBF stock, and the 2024 target price predictions for Industrial and Commercial are detailed above.
The technical analysis and charts for the commentary on IDCBF stock are below.
IDCBF Support & Resistance and Trend Analysis
IDCBF stock you have reviewed the technical analysis support resistance charts regarding.
IDCBF : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the IDCBF review, the Industrial and Commercial 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.
Industrial and Commercial Support and Resistance Prices:
| IDCBF Support Level Price | IDCBF Resistance Level Price |
|---|---|
| 0.449 | 0.4900 |
| 0.500 | 0.5099 |
| 0.5500 |
IDCBF Technical Analysis: SMA, RSI, MACD
Upon reviewing the IDCBF chart, buy and sell signals have been generated in the Industrial and Commercial 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 IDCBF stock are as follows:- IDCBF technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for Industrial and Commercial gave a 'Buy' signal when the RSI was at 0.0, with the current RSI value at 83.607.
- The technical analysis for Industrial and Commercial 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 Industrial and Commercial stock: Click here to read more predictions on Crown Castle stock.
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