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Takip Edin: @UscMarketsPCCYF Stock Forecast & PetroChina Company Limited Chart Analysis
This article provides a detailed analysis of PCCYF-PetroChina Company Limited stock including a forecast for PCCYF shares. It features PetroChina Company 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
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PCCYF Historical Data Review
PCCYF Current Price Performance Analysis
The PetroChina Company Limited - PCCYF stock traded on the American stock market, on 06-05-2024, closed at 0.990000009$ with no change compared to the previous day.
In the last month, the price of PCCYF changed by %6.45 increased in value, from 0.930000007 dollars on 05-06-2024 to 0.990000009 dollars, increased.
Last year, the price of PCCYF was 0.699 dollars on 06-06-2023, and changed by %41.63 increased in value, to 0.990000009 dollars increased within a year.
The price of PetroChina Company Limited 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.
PCCYF with AI Stock Forecast & Price Target
On the PCCYF chart PetroChina Company Limited price was recorded as 0.99 Dollars on 06/05/2024.
The artificial intelligence's forecast on PCCYF stock is as follows.
The artificial intelligence's prediction error margin for PCCYF 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 PetroChina Company Limited stock over the next 4 months is: 1.1 Dollars.
The commentary on PCCYF stock Target Price: Highest: 1.197 Dollars is predicted.
The commentary on PCCYF stock Target Price: Lowest: 0.972 Dollars is predicted.
Resistance Price where PetroChina Company Limited stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 10-08-2024 | 1.167 |
| 12-27-2024 | 1.197 |
Support Price where PetroChina Company Limited stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 07-15-2024 | 0.972 |
| 11-22-2024 | 1.140 |
| 04-11-2025 | 1.036 |
The commentary on PCCYF stock: Fluctuations in the target price can be expected in the coming days.
The target price for PetroChina Company Limited stock by the end of 2024 is predicted to be 1.197 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on PCCYF stock, and the 2024 target price predictions for PetroChina Company Limited are detailed above.
The technical analysis and charts for the commentary on PCCYF stock are below.
PCCYF Support & Resistance and Trend Analysis
PCCYF stock you have reviewed the technical analysis support resistance charts regarding.
PCCYF : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the PCCYF review, the PetroChina Company Limited 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.
PetroChina Company Limited Support and Resistance Prices:
| PCCYF Support Level Price | PCCYF Resistance Level Price |
|---|---|
| 0.600 | 0.670 |
| 0.610 | 0.699 |
| 0.689 | 0.750 |
| 0.699 | 0.970 |
| 0.870 | 0.980 |
| 0.930 | 1.030 |
PCCYF Technical Analysis: SMA, RSI, MACD
Upon reviewing the PCCYF chart, buy and sell signals have been generated in the PetroChina Company Limited 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 PCCYF stock are as follows:- The technical analysis for PCCYF indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
- The technical analysis for PetroChina Company Limited issued a 'Buy' signal when the MACD was at 0.019, with the current MACD value being: 0.022
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 PetroChina Company Limited stock: Click here to read more predictions on Aker BP ASA stock.
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