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Takip Edin: @UscMarketsPCAR Stock Forecast & PACCAR Inc Chart Analysis
This article provides a detailed analysis of PCAR-PACCAR Inc stock including a forecast for PCAR shares. It features PACCAR Inc 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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PCAR Historical Data Review
PCAR Current Price Performance Analysis
The PACCAR Inc - PCAR stock traded on the American stock market, on 06-05-2024, closed at 110.01$ with a %3.84 increased compared to the previous day.
In the last month, the price of PCAR changed by %4.62 increased in value, from 105.15 dollars on 05-06-2024 to 110.01 dollars, increased.
Last year, the price of PCAR was 74.59 dollars on 06-06-2023, and changed by %47.49 increased in value, to 110.01 dollars increased within a year.
The price of PACCAR Inc 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.
PCAR with AI Stock Forecast & Price Target
On the PCAR chart PACCAR Inc price was recorded as 110.01 Dollars on 06/05/2024.
The artificial intelligence's forecast on PCAR stock is as follows.
The artificial intelligence's prediction error margin for PCAR stock is moderately 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 PACCAR Inc stock over the next 4 months is: 102.1 Dollars.
The commentary on PCAR stock Target Price: Highest: 112.214 Dollars is predicted.
The commentary on PCAR stock Target Price: Lowest: 93.309 Dollars is predicted.
Resistance Price where PACCAR Inc stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 10-03-2024 | 97.075 |
| 12-27-2024 | 110.842 |
| 03-07-2025 | 109.442 |
Support Price where PACCAR Inc stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 08-29-2024 | 93.309 |
| 10-28-2024 | 94.944 |
| 01-31-2025 | 107.775 |
| 03-27-2025 | 108.758 |
The commentary on PCAR stock: Fluctuations in the target price can be expected in the coming days.
The target price for PACCAR Inc stock by the end of 2024 is predicted to be 110.842 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on PCAR stock, and the 2024 target price predictions for PACCAR Inc are detailed above.
The technical analysis and charts for the commentary on PCAR stock are below.
PCAR Support & Resistance and Trend Analysis
PCAR stock you have reviewed the technical analysis support resistance charts regarding.
PCAR : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the PCAR review, the PACCAR Inc 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.
PACCAR Inc Support and Resistance Prices:
| PCAR Support Level Price | PCAR Resistance Level Price |
|---|---|
| 90.45 | 96.11 |
| 92.69 | 98.20 |
| 92.96 | 98.47 |
| 94.67 | 103.40 |
| 104.23 | 110.60 |
| 104.45 | 125.50 |
| 104.63 |
PCAR Technical Analysis: SMA, RSI, MACD
Upon reviewing the PCAR chart, buy and sell signals have been generated in the PACCAR Inc 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 PCAR stock are as follows:- PCAR technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for PACCAR Inc gave a 'Buy' signal when the RSI was at 20.635, with the current RSI value at 54.876.
- The technical analysis for PCAR indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
- The technical analysis for PACCAR Inc issued a 'Buy' signal when the MACD was at -2.584, with the current MACD value being: -0.998
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 PACCAR Inc stock: Click here to read more predictions on Kering SA stock.
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