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Takip Edin: @UscMarketsSCBFY Stock Forecast & Standard Chartered PLC Chart Analysis
This article provides a detailed analysis of SCBFY-Standard Chartered PLC stock including a forecast for SCBFY shares. It features Standard Chartered PLC 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.
SCBFY Historical Data Review
SCBFY Current Price Performance Analysis
The Standard Chartered PLC - SCBFY stock traded on the American stock market, on 06-05-2024, closed at 19.28$ with a %0.68 increased compared to the previous day.
In the last month, the price of SCBFY changed by %1.05 increased in value, from 19.08 dollars on 05-06-2024 to 19.28 dollars, increased.
Last year, the price of SCBFY was 16.8 dollars on 06-06-2023, and changed by %14.76 increased in value, to 19.28 dollars increased within a year.
The price of Standard Chartered PLC 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.
SCBFY with AI Stock Forecast & Price Target
On the SCBFY chart Standard Chartered PLC price was recorded as 19.28 Dollars on 06/05/2024.
The artificial intelligence's forecast on SCBFY stock is as follows.
The artificial intelligence's prediction error margin for SCBFY 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 Standard Chartered PLC stock over the next 4 months is: 17.7 Dollars.
The commentary on SCBFY stock Target Price: Highest: 19.463 Dollars is predicted.
The commentary on SCBFY stock Target Price: Lowest: 16.349 Dollars is predicted.
Resistance Price where Standard Chartered PLC stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 10-03-2024 | 16.689 |
| 01-01-2025 | 19.463 |
| 03-12-2025 | 18.421 |
Support Price where Standard Chartered PLC stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 09-03-2024 | 16.349 |
| 10-28-2024 | 16.442 |
| 02-10-2025 | 17.584 |
| 04-01-2025 | 17.954 |
The commentary on SCBFY stock: The target price can generally be said to be on the decline.
The commentary on SCBFY stock: Fluctuations in the target price can be expected in the coming days.
The target price for Standard Chartered PLC stock by the end of 2024 is predicted to be 19.355 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on SCBFY stock, and the 2024 target price predictions for Standard Chartered PLC are detailed above.
The technical analysis and charts for the commentary on SCBFY stock are below.
SCBFY Support & Resistance and Trend Analysis
SCBFY stock you have reviewed the technical analysis support resistance charts regarding.
SCBFY : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the SCBFY review, the Standard Chartered PLC 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.
Standard Chartered PLC Support and Resistance Prices:
| SCBFY Support Level Price | SCBFY Resistance Level Price |
|---|---|
| 14.35 | 15.74 |
| 14.49 | 17.15 |
| 15.63 | 17.19 |
| 15.90 | 17.30 |
| 16.03 | 18.14 |
| 16.55 | 18.29 |
| 16.62 | 20.36 |
| 19.02 | 20.42 |
| 19.55 |
SCBFY Technical Analysis: SMA, RSI, MACD
Upon reviewing the SCBFY chart, buy and sell signals have been generated in the Standard Chartered PLC 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 SCBFY stock are as follows:- The technical analysis for SCBFY indicates that the 14-period RSI has most recently generated a 'Sell' signal.
- The technical analysis for Standard Chartered PLC indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.
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 Standard Chartered PLC stock: Click here to read more predictions on FUJIFILM Holdings Corporation stock.
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