EN
Takip Edin: @UscMarketsMLYBY Stock Forecast & Malayan Banking Berhad Chart Analysis
This article provides a detailed analysis of MLYBY-Malayan Banking Berhad stock including a forecast for MLYBY shares. It features Malayan Banking Berhad 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.
MLYBY Historical Data Review
MLYBY Current Price Performance Analysis
The Malayan Banking Berhad - MLYBY stock traded on the American stock market, on 06-05-2024, closed at 5.2$ with a %6.12 increased compared to the previous day.
In the last month, the price of MLYBY changed by %9.70 increased in value, from 4.74 dollars on 05-06-2024 to 5.2 dollars, increased.
Last year, the price of MLYBY was 4.28 dollars on 06-06-2023, and changed by %21.50 increased in value, to 5.2 dollars increased within a year.
The price of Malayan Banking Berhad 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.
MLYBY with AI Stock Forecast & Price Target
On the MLYBY chart Malayan Banking Berhad price was recorded as 5.2 Dollars on 06/05/2024.
The artificial intelligence's forecast on MLYBY stock is as follows.
The artificial intelligence's prediction error margin for MLYBY 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 Malayan Banking Berhad stock over the next 4 months is: 4.0 Dollars.
The commentary on MLYBY stock Target Price: Highest: 4.944 Dollars is predicted.
The commentary on MLYBY stock Target Price: Lowest: 3.579 Dollars is predicted.
Resistance Price where Malayan Banking Berhad stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 07-25-2024 | 4.316 |
| 11-07-2024 | 3.946 |
| 02-05-2025 | 4.466 |
Support Price where Malayan Banking Berhad stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 06-25-2024 | 4.026 |
| 09-13-2024 | 3.579 |
| 12-12-2024 | 3.645 |
| 03-12-2025 | 3.711 |
The commentary on MLYBY stock: The target price can generally be said to be on the rise.
The commentary on MLYBY stock: Fluctuations in the target price can be expected in the coming days.
The target price for Malayan Banking Berhad stock by the end of 2024 is predicted to be 3.772 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on MLYBY stock, and the 2024 target price predictions for Malayan Banking Berhad are detailed above.
The technical analysis and charts for the commentary on MLYBY stock are below.
MLYBY Support & Resistance and Trend Analysis
MLYBY stock you have reviewed the technical analysis support resistance charts regarding.
MLYBY : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the MLYBY review, the Malayan Banking Berhad 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.
Malayan Banking Berhad Support and Resistance Prices:
| MLYBY Support Level Price | MLYBY Resistance Level Price |
|---|---|
| 3.82 | 4.89 |
| 4.04 | 5.06 |
| 4.14 | 5.13 |
| 4.15 | 5.27 |
| 4.16 | 5.35 |
| 4.26 | 5.99 |
| 4.28 | 6.40 |
| 4.34 | 6.80 |
| 4.42 | 7.00 |
| 4.51 |
MLYBY Technical Analysis: SMA, RSI, MACD
Upon reviewing the MLYBY chart, buy and sell signals have been generated in the Malayan Banking Berhad 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 MLYBY stock are as follows:- The technical analysis for MLYBY indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
- The technical analysis for Malayan Banking Berhad issued a 'Buy' signal when the MACD was at 0.091, with the current MACD value being: 0.091
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 Malayan Banking Berhad stock: Click here to read more predictions on BCE stock.
Click here for price target predictions and technical analysis charts of other American stocks