JMHLY Stock Forecast & Jardine Matheson Holdings Chart Analysis
This article provides a detailed analysis of JMHLY-Jardine Matheson Holdings stock including a forecast for JMHLY shares. It features Jardine Matheson Holdings 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
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JMHLY Historical Data Review
JMHLY Current Price Performance Analysis
The Jardine Matheson Holdings - JMHLY stock traded on the American stock market, on 06-05-2024, closed at 38.14$ with a %-0.83 decreased compared to the previous day.
In the last month, the price of JMHLY changed by %-3.69 decreased in value, from 39.6 dollars on 05-06-2024 to 38.14 dollars, decreased.
Last year, the price of JMHLY was 50.16 dollars on 06-06-2023, and changed by %-23.96 decreased in value, to 38.14 dollars decreased within a year.
The price of Jardine Matheson Holdings 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.
JMHLY with AI Stock Forecast & Price Target
On the JMHLY chart Jardine Matheson Holdings price was recorded as 38.14 Dollars on 06/05/2024.
The artificial intelligence's forecast on JMHLY stock is as follows.
The artificial intelligence's prediction error margin for JMHLY 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 Jardine Matheson Holdings stock over the next 4 months is: 31.4 Dollars.
The commentary on JMHLY stock Target Price: Highest: 38.163 Dollars is predicted.
The commentary on JMHLY stock Target Price: Lowest: 26.202 Dollars is predicted.
Resistance Price where Jardine Matheson Holdings stock will Rise and Fall:
Date | Price Prediction |
---|---|
10-03-2024 | 32.970 |
12-12-2024 | 31.549 |
Support Price where Jardine Matheson Holdings stock will Fall and Rise:
Date | Price Prediction |
---|---|
09-03-2024 | 32.327 |
11-22-2024 | 31.081 |
The commentary on JMHLY stock: The target price can generally be said to be on the decline.
The commentary on JMHLY stock: Fluctuations in the target price can be expected in the coming days.
The target price for Jardine Matheson Holdings stock by the end of 2024 is predicted to be 31.159 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on JMHLY stock, and the 2024 target price predictions for Jardine Matheson Holdings are detailed above.
The technical analysis and charts for the commentary on JMHLY stock are below.
JMHLY Support & Resistance and Trend Analysis
JMHLY stock you have reviewed the technical analysis support resistance charts regarding.
JMHLY : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the JMHLY review, the Jardine Matheson Holdings 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.
Jardine Matheson Holdings Support and Resistance Prices:
JMHLY Support Level Price | JMHLY Resistance Level Price |
---|---|
34.93 | 38.60 |
36.07 | 39.39 |
36.68 | 40.99 |
37.15 | 41.13 |
37.21 | 41.14 |
37.75 | 41.34 |
38.28 | 41.48 |
38.45 | 41.97 |
38.66 | 42.00 |
38.94 | 42.05 |
39.08 | 43.00 |
39.39 | 43.87 |
39.46 | |
39.93 | |
40.43 |
JMHLY Technical Analysis: SMA, RSI, MACD
Upon reviewing the JMHLY chart, buy and sell signals have been generated in the Jardine Matheson Holdings 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 JMHLY stock are as follows:- JMHLY technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for Jardine Matheson Holdings gave a 'Buy' signal when the RSI was at 29.468, with the current RSI value at 41.41.
- The technical analysis for Jardine Matheson Holdings 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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