EN
Takip Edin: @UscMarketsSAABY Stock Forecast & Saab AB (publ) Chart Analysis
This article provides a detailed analysis of SAABY-Saab AB (publ) stock including a forecast for SAABY shares. It features Saab AB (publ) 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.
SAABY Historical Data Review
SAABY Current Price Performance Analysis
The Saab AB (publ) - SAABY stock traded on the American stock market, on 06-05-2024, closed at 12.15$ with a %0.41 increased compared to the previous day.
In the last month, the price of SAABY changed by %16.27 increased in value, from 10.45 dollars on 05-06-2024 to 12.15 dollars, increased.
Last year, the price of SAABY was 7.18 dollars on 06-06-2023, and changed by %69.22 increased in value, to 12.15 dollars increased within a year.
The price of Saab AB (publ) 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.
SAABY with AI Stock Forecast & Price Target
On the SAABY chart Saab AB (publ) price was recorded as 12.15 Dollars on 06/05/2024.
The artificial intelligence's forecast on SAABY stock is as follows.
The artificial intelligence's prediction error margin for SAABY 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 Saab AB (publ) stock over the next 4 months is: 13.5 Dollars.
The commentary on SAABY stock Target Price: Highest: 16.338 Dollars is predicted.
The commentary on SAABY stock Target Price: Lowest: 12.002 Dollars is predicted.
Resistance Price where Saab AB (publ) stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 09-03-2024 | 16.338 |
| 12-12-2024 | 13.748 |
| 02-05-2025 | 12.612 |
| 04-01-2025 | 12.165 |
Support Price where Saab AB (publ) stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 11-12-2024 | 13.074 |
| 01-16-2025 | 12.300 |
| 03-12-2025 | 12.002 |
The commentary on SAABY stock: Fluctuations in the target price can be expected in the coming days.
The target price for Saab AB (publ) stock by the end of 2024 is predicted to be 13.045 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on SAABY stock, and the 2024 target price predictions for Saab AB (publ) are detailed above.
The technical analysis and charts for the commentary on SAABY stock are below.
SAABY Support & Resistance and Trend Analysis
SAABY stock you have reviewed the technical analysis support resistance charts regarding.
SAABY : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the SAABY review, the Saab AB (publ) 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.
Saab AB (publ) Support and Resistance Prices:
| SAABY Support Level Price | SAABY Resistance Level Price |
|---|---|
| 6.12 | 6.75 |
| 6.44 | 7.91 |
| 7.70 | 8.98 |
| 7.80 | 9.62 |
| 9.36 | 10.62 |
| 9.84 | 11.04 |
| 9.86 | 11.42 |
| 9.95 | 11.45 |
| 10.19 | 12.40 |
| 10.28 | 12.50 |
| 10.65 | 13.75 |
| 11.01 |
SAABY Technical Analysis: SMA, RSI, MACD
Upon reviewing the SAABY chart, buy and sell signals have been generated in the Saab AB (publ) 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 SAABY stock are as follows:- The technical analysis for SAABY indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
- The technical analysis for Saab AB (publ) issued a 'Buy' signal when the MACD was at 0.252, with the current MACD value being: 0.303
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 Saab AB (publ) stock: Click here to read more predictions on Wise plc stock.
Click here for price target predictions and technical analysis charts of other American stocks