LYB Stock Forecast & LyondellBasell Industries N.V. Chart Analysis
This article provides a detailed analysis of LYB-LyondellBasell Industries N.V. stock including a forecast for LYB shares. It features LyondellBasell Industries N.V. 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.
LYB Historical Data Review
LYB Current Price Performance Analysis
The LyondellBasell Industries N.V. - LYB stock traded on the American stock market, on 06-05-2024, closed at 95.06$ with a %0.67 increased compared to the previous day.
In the last month, the price of LYB changed by %-4.69 decreased in value, from 99.74 dollars on 05-06-2024 to 95.06 dollars, decreased.
Last year, the price of LYB was 89.0 dollars on 06-06-2023, and changed by %6.81 increased in value, to 95.06 dollars increased within a year.
The price of LyondellBasell Industries N.V. 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.
LYB with AI Stock Forecast & Price Target
On the LYB chart LyondellBasell Industries N.V. price was recorded as 95.06 Dollars on 06/05/2024.
The artificial intelligence's forecast on LYB stock is as follows.
The artificial intelligence's prediction error margin for LYB 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 LyondellBasell Industries N.V. stock over the next 4 months is: 82.3 Dollars.
The commentary on LYB stock Target Price: Highest: 92.56 Dollars is predicted.
The commentary on LYB stock Target Price: Lowest: 76.244 Dollars is predicted.
Resistance Price where LyondellBasell Industries N.V. stock will Rise and Fall:
Date | Price Prediction |
---|---|
09-23-2024 | 81.610 |
12-12-2024 | 79.840 |
01-31-2025 | 82.293 |
02-10-2025 | 81.985 |
Support Price where LyondellBasell Industries N.V. stock will Fall and Rise:
Date | Price Prediction |
---|---|
08-19-2024 | 79.803 |
11-07-2024 | 76.244 |
12-17-2024 | 79.672 |
02-05-2025 | 81.948 |
02-25-2025 | 80.866 |
The commentary on LYB stock: Fluctuations in the target price can be expected in the coming days.
The target price for LyondellBasell Industries N.V. stock by the end of 2024 is predicted to be 79.912 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on LYB stock, and the 2024 target price predictions for LyondellBasell Industries N.V. are detailed above.
The technical analysis and charts for the commentary on LYB stock are below.
LYB Support & Resistance and Trend Analysis
LYB stock you have reviewed the technical analysis support resistance charts regarding.
LYB : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the LYB review, the LyondellBasell Industries N.V. 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.
LyondellBasell Industries N.V. Support and Resistance Prices:
LYB Support Level Price | LYB Resistance Level Price |
---|---|
90.60 | 96.36 |
91.50 | 97.75 |
94.60 | 98.41 |
98.49 | 102.93 |
99.00 | 103.30 |
100.29 | 106.69 |
107.02 |
LYB Technical Analysis: SMA, RSI, MACD
Upon reviewing the LYB chart, buy and sell signals have been generated in the LyondellBasell Industries N.V. 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 LYB stock are as follows:- LYB technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for LyondellBasell Industries N.V. gave a 'Buy' signal when the RSI was at 24.131, with the current RSI value at 33.989.
- The technical analysis for LYB indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
- The technical analysis for LyondellBasell Industries N.V. issued a 'Buy' signal when the MACD was at -0.071, with the current MACD value being: -1.337
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 LyondellBasell Industries N.V. stock: Click here to read more predictions on Rockwell Automation stock.
Click here for price target predictions and technical analysis charts of other American stocks