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Takip Edin: @UscMarketsMBGAF Stock Forecast & Mercedes-Benz Group AG Chart Analysis
This article provides a detailed analysis of MBGAF-Mercedes-Benz Group AG stock including a forecast for MBGAF shares. It features Mercedes-Benz Group AG 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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MBGAF Historical Data Review
MBGAF Current Price Performance Analysis
The Mercedes-Benz Group AG - MBGAF stock traded on the American stock market, on 06-05-2024, closed at 71.42$ with a %-0.06 decreased compared to the previous day.
In the last month, the price of MBGAF changed by %-9.13 decreased in value, from 78.6 dollars on 05-06-2024 to 71.42 dollars, decreased.
Last year, the price of MBGAF was 77.17 dollars on 06-06-2023, and changed by %-7.45 decreased in value, to 71.42 dollars decreased within a year.
The price of Mercedes-Benz Group AG 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.
MBGAF with AI Stock Forecast & Price Target
On the MBGAF chart Mercedes-Benz Group AG price was recorded as 71.42 Dollars on 06/05/2024.
The artificial intelligence's forecast on MBGAF stock is as follows.
The artificial intelligence's prediction error margin for MBGAF 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 Mercedes-Benz Group AG stock over the next 4 months is: 71.3 Dollars.
The commentary on MBGAF stock Target Price: Highest: 78.996 Dollars is predicted.
The commentary on MBGAF stock Target Price: Lowest: 65.688 Dollars is predicted.
Resistance Price where Mercedes-Benz Group AG stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 06-25-2024 | 73.605 |
| 10-08-2024 | 78.996 |
| 12-17-2024 | 74.119 |
| 03-07-2025 | 66.136 |
Support Price where Mercedes-Benz Group AG stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 07-30-2024 | 69.147 |
| 11-12-2024 | 71.517 |
| 02-20-2025 | 66.082 |
| 03-27-2025 | 65.688 |
The commentary on MBGAF stock: Fluctuations in the target price can be expected in the coming days.
The target price for Mercedes-Benz Group AG stock by the end of 2024 is predicted to be 73.464 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on MBGAF stock, and the 2024 target price predictions for Mercedes-Benz Group AG are detailed above.
The technical analysis and charts for the commentary on MBGAF stock are below.
MBGAF Support & Resistance and Trend Analysis
MBGAF stock you have reviewed the technical analysis support resistance charts regarding.
MBGAF : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the MBGAF review, the Mercedes-Benz Group AG 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.
Mercedes-Benz Group AG Support and Resistance Prices:
| MBGAF Support Level Price | MBGAF Resistance Level Price |
|---|---|
| 60.00 | 64.67 |
| 64.20 | 70.00 |
| 67.25 | 70.40 |
| 67.57 | 72.54 |
| 70.45 | 80.46 |
| 72.64 | 80.52 |
| 75.21 | 81.13 |
| 77.46 | 82.05 |
| 78.18 | 83.50 |
MBGAF Technical Analysis: SMA, RSI, MACD
Upon reviewing the MBGAF chart, buy and sell signals have been generated in the Mercedes-Benz Group AG 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 MBGAF stock are as follows:- MBGAF technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for Mercedes-Benz Group AG gave a 'Buy' signal when the RSI was at 29.584, with the current RSI value at 31.837.
- The technical analysis for MBGAF indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
- The technical analysis for Mercedes-Benz Group AG issued a 'Buy' signal when the MACD was at -1.664, with the current MACD value being: -1.563
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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