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Takip Edin: @UscMarketsMBGYY Stock Forecast & Mercedes-Benz Group AG Chart Analysis
This article provides a detailed analysis of MBGYY-Mercedes-Benz Group AG stock including a forecast for MBGYY 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
Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.
MBGYY Historical Data Review
MBGYY Current Price Performance Analysis
The Mercedes-Benz Group AG - MBGYY stock traded on the American stock market, on 06-05-2024, closed at 17.81$ with a %-0.22 decreased compared to the previous day.
In the last month, the price of MBGYY changed by %-8.81 decreased in value, from 19.53 dollars on 05-06-2024 to 17.81 dollars, decreased.
Last year, the price of MBGYY was 19.27 dollars on 06-06-2023, and changed by %-7.58 decreased in value, to 17.81 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.
MBGYY with AI Stock Forecast & Price Target
On the MBGYY chart Mercedes-Benz Group AG price was recorded as 17.81 Dollars on 06/05/2024.
The artificial intelligence's forecast on MBGYY stock is as follows.
The artificial intelligence's prediction error margin for MBGYY 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: 18.2 Dollars.
The commentary on MBGYY stock Target Price: Highest: 19.811 Dollars is predicted.
The commentary on MBGYY stock Target Price: Lowest: 16.61 Dollars is predicted.
Resistance Price where Mercedes-Benz Group AG stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 06-25-2024 | 18.417 |
| 10-08-2024 | 19.811 |
| 03-07-2025 | 16.841 |
Support Price where Mercedes-Benz Group AG stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 07-30-2024 | 17.513 |
| 02-10-2025 | 16.701 |
| 03-27-2025 | 16.610 |
The commentary on MBGYY stock: The target price can generally be said to be on the decline.
The commentary on MBGYY 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 18.554 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on MBGYY stock, and the 2024 target price predictions for Mercedes-Benz Group AG are detailed above.
The technical analysis and charts for the commentary on MBGYY stock are below.
MBGYY Support & Resistance and Trend Analysis
MBGYY stock you have reviewed the technical analysis support resistance charts regarding.
MBGYY : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the MBGYY 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:
| MBGYY Support Level Price | MBGYY Resistance Level Price |
|---|---|
| 14.94 | 16.12 |
| 15.99 | 17.40 |
| 16.73 | 17.47 |
| 16.83 | 18.08 |
| 17.55 | 20.05 |
| 18.13 | 20.08 |
| 19.58 | 20.27 |
| 19.63 | 20.47 |
| 19.68 | 20.81 |
MBGYY Technical Analysis: SMA, RSI, MACD
Upon reviewing the MBGYY 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 MBGYY stock are as follows:- MBGYY 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 28.967, with the current RSI value at 31.535.
- The technical analysis for MBGYY 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 -0.419, with the current MACD value being: -0.391
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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