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NABZY Stock Forecast & National Australia Bank Chart Analysis

This article provides a detailed analysis of NABZY-National Australia Bank stock including a forecast for NABZY shares. It features National Australia Bank 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

Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.

NABZY Historical Data Review

NABZY Current Price Performance Analysis

The National Australia Bank - NABZY stock traded on the American stock market, on 06-05-2024, closed at 11.54$ with a %0.70 increased compared to the previous day.

In the last month, the price of NABZY changed by %-0.17 decreased in value, from 11.56 dollars on 05-06-2024 to 11.54 dollars, decreased.

Last year, the price of NABZY was 8.57 dollars on 06-06-2023, and changed by %34.66 increased in value, to 11.54 dollars increased within a year.

The price of National Australia Bank 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.

NABZY with AI Stock Forecast & Price Target

NABZY stock forecast National Australia Bank price target

On the NABZY chart National Australia Bank price was recorded as 11.54 Dollars on 06/05/2024.

The artificial intelligence's forecast on NABZY stock is as follows.

The artificial intelligence's prediction error margin for NABZY 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 National Australia Bank stock over the next 4 months is: 10.2 Dollars.

The commentary on NABZY stock Target Price: Highest: 11.289 Dollars is predicted.

The commentary on NABZY stock Target Price: Lowest: 9.565 Dollars is predicted.

Resistance Price where National Australia Bank stock will Rise and Fall:

Date Price Prediction
06-25-2024 11.289
09-23-2024 10.366
11-22-2024 9.612
12-02-2024 9.603
01-01-2025 9.578
02-25-2025 10.374

Support Price where National Australia Bank stock will Fall and Rise:

Date Price Prediction
08-29-2024 9.881
11-12-2024 9.581
11-27-2024 9.596
12-17-2024 9.565
01-06-2025 9.566
03-27-2025 10.151

The commentary on NABZY stock: Fluctuations in the target price can be expected in the coming days.

The target price for National Australia Bank stock by the end of 2024 is predicted to be 9.566 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on NABZY stock, and the 2024 target price predictions for National Australia Bank are detailed above.

The technical analysis and charts for the commentary on NABZY stock are below.

NABZY Support & Resistance and Trend Analysis

NABZY review National Australia Bank technical analysis trend chart NABZY priceNABZY stock support and resistance price chart

NABZY stock you have reviewed the technical analysis support resistance charts regarding.

NABZY : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the NABZY review, the National Australia Bank 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.

National Australia Bank Support and Resistance Prices:

NABZY Support Level Price NABZY Resistance Level Price
8.80 9.60
8.85 9.89
9.83 10.89
9.93 10.90
10.20 10.92
10.33 11.05
10.63 11.82
10.66 11.83
10.75 11.90
10.79 11.98
10.84

NABZY Technical Analysis: SMA, RSI, MACD

NABZY review National Australia Bank SMA chart analysis NABZY priceNABZY buy or sell review National Australia Bank MACD chart analysis NABZY price

Upon reviewing the NABZY chart, buy and sell signals have been generated in the National Australia Bank 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 NABZY stock are as follows:
  1. The technical analysis for NABZY indicates that the 14-period RSI has most recently generated a 'Sell' signal.
  2. The technical analysis for NABZY indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
  3. The technical analysis for National Australia Bank issued a 'Buy' signal when the MACD was at 0.049, with the current MACD value being: 0.049

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 National Australia Bank stock: Click here to read more predictions on SoftBank Corp. stock.

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