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OBIIF Stock Forecast & OBIC Co. Chart Analysis

This article provides a detailed analysis of OBIIF-OBIC Co. stock including a forecast for OBIIF shares. It features OBIC Co.,Ltd. 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.

OBIIF Historical Data Review

OBIIF Current Price Performance Analysis

The OBIC Co. - OBIIF stock traded on the American stock market, on 06-05-2024, closed at 130.48$ with no change compared to the previous day.

In the last month, the price of OBIIF changed by %-3.34 decreased in value, from 134.99 dollars on 05-06-2024 to 130.48 dollars, decreased.

Last year, the price of OBIIF was 171.01 dollars on 06-06-2023, and changed by %-23.70 decreased in value, to 130.48 dollars decreased within a year.

The price of OBIC Co. 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.

OBIIF with AI Stock Forecast & Price Target

OBIIF stock forecast OBIC Co. price target

On the OBIIF chart OBIC Co. price was recorded as 130.48 Dollars on 06/05/2024.

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

The artificial intelligence's prediction error margin for OBIIF 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 OBIC Co. stock over the next 4 months is: 128.9 Dollars.

The commentary on OBIIF stock Target Price: Highest: 138.785 Dollars is predicted.

The commentary on OBIIF stock Target Price: Lowest: 116.999 Dollars is predicted.

Resistance Price where OBIC Co. stock will Rise and Fall:

Date Price Prediction
10-08-2024 123.963
12-12-2024 137.715

Support Price where OBIC Co. stock will Fall and Rise:

Date Price Prediction
09-23-2024 123.276
10-23-2024 122.702

The commentary on OBIIF stock: The target price can generally be said to be on the decline.

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

The target price for OBIC Co. stock by the end of 2024 is predicted to be 133.15 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on OBIIF stock, and the 2024 target price predictions for OBIC Co. are detailed above.

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

OBIIF Support & Resistance and Trend Analysis

OBIIF review OBIC Co. technical analysis trend chart OBIIF priceOBIIF stock support and resistance price chart

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

OBIIF : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the OBIIF review, the OBIC Co. 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.

OBIC Co. Support and Resistance Prices:

OBIIF Support Level Price OBIIF Resistance Level Price
129.25 None
143.25 None

OBIIF Technical Analysis: SMA, RSI, MACD

OBIIF review OBIC Co. SMA chart analysis OBIIF priceOBIIF buy or sell review OBIC Co. MACD chart analysis OBIIF price

Upon reviewing the OBIIF chart, buy and sell signals have been generated in the OBIC Co. 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 OBIIF stock are as follows:
  1. OBIIF technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
  2. The technical analysis for OBIC Co. gave a 'Buy' signal when the RSI was at 0.0, with the current RSI value at 0.0.
  3. The technical analysis for OBIIF indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
  4. The technical analysis for OBIC Co. issued a 'Buy' signal when the MACD was at -4.714, with the current MACD value being: -2.946

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 OBIC Co. stock: Click here to read more predictions on MTU Aero Engines stock.

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