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Takip Edin: @UscMarketsJBSAY Stock Forecast & JBS S.A. Chart Analysis
This article provides a detailed analysis of JBSAY-JBS S.A. stock including a forecast for JBSAY shares. It features JBS S.A. 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.
JBSAY Historical Data Review
JBSAY Current Price Performance Analysis
The JBS S.A. - JBSAY stock traded on the American stock market, on 03-08-2024, closed at 8.7$ with a %0.58 increased compared to the previous day.
In the last month, the price of JBSAY changed by %-7.84 decreased in value, from 9.44 dollars on 02-07-2024 to 8.7 dollars, decreased.
Last year, the price of JBSAY was 7.68 dollars on 03-09-2023, and changed by %13.28 increased in value, to 8.7 dollars increased within a year.
The price of JBS S.A. 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.
JBSAY with AI Stock Forecast & Price Target
On the JBSAY chart JBS S.A. price was recorded as 8.7 Dollars on 03/08/2024.
The artificial intelligence's forecast on JBSAY stock is as follows.
The artificial intelligence's prediction error margin for JBSAY 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 JBS S.A. stock over the next 4 months is: 8.0 Dollars.
The commentary on JBSAY stock Target Price: Highest: 9.063 Dollars is predicted.
The commentary on JBSAY stock Target Price: Lowest: 7.173 Dollars is predicted.
Resistance Price where JBS S.A. stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 05-02-2024 | 8.828 |
| 06-11-2024 | 8.557 |
| 08-30-2024 | 7.714 |
| 09-09-2024 | 7.725 |
Support Price where JBS S.A. stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 04-02-2024 | 8.696 |
| 05-27-2024 | 8.504 |
| 07-26-2024 | 7.173 |
| 09-04-2024 | 7.712 |
| 10-29-2024 | 7.294 |
The commentary on JBSAY stock: Fluctuations in the target price can be expected in the coming days.
The target price for JBS S.A. stock by the end of 2024 is predicted to be 7.808 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on JBSAY stock, and the 2024 target price predictions for JBS S.A. are detailed above.
The technical analysis and charts for the commentary on JBSAY stock are below.
JBSAY Support & Resistance and Trend Analysis
JBSAY stock you have reviewed the technical analysis support resistance charts regarding.
JBSAY : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the JBSAY review, the JBS S.A. 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.
JBS S.A. Support and Resistance Prices:
| JBSAY Support Level Price | JBSAY Resistance Level Price |
|---|---|
| 6.88 | 7.78 |
| 7.28 | 7.88 |
| 7.39 | 8.08 |
| 8.40 | 9.25 |
| 8.46 | 9.41 |
| 8.96 | 9.80 |
| 9.03 | 10.28 |
| 9.24 | 10.35 |
| 9.42 | 10.42 |
| 9.50 |
JBSAY Technical Analysis: SMA, RSI, MACD
Upon reviewing the JBSAY chart, buy and sell signals have been generated in the JBS S.A. 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 JBSAY stock are as follows:- JBSAY technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for JBS S.A. gave a 'Buy' signal when the RSI was at 28.834, with the current RSI value at 44.444.
- The technical analysis for JBS S.A. 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 JBS S.A. stock: Click here to read more predictions on Bank of Ireland stock.
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