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Takip Edin: @UscMarketsSFTBF Stock Forecast & SoftBank Group Corp. Chart Analysis
This article provides a detailed analysis of SFTBF-SoftBank Group Corp. stock including a forecast for SFTBF shares. It features SoftBank Group Corp. 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.
SFTBF Historical Data Review
SFTBF Current Price Performance Analysis
The SoftBank Group Corp. - SFTBF stock traded on the American stock market, on 06-05-2024, closed at 62.09$ with a %7.76 increased compared to the previous day.
In the last month, the price of SFTBF changed by %18.88 increased in value, from 52.23 dollars on 05-06-2024 to 62.09 dollars, increased.
Last year, the price of SFTBF was 43.91 dollars on 06-06-2023, and changed by %41.40 increased in value, to 62.09 dollars increased within a year.
The price of SoftBank Group Corp. 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.
SFTBF with AI Stock Forecast & Price Target
On the SFTBF chart SoftBank Group Corp. price was recorded as 62.09 Dollars on 06/05/2024.
The artificial intelligence's forecast on SFTBF stock is as follows.
The artificial intelligence's prediction error margin for SFTBF 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 SoftBank Group Corp. stock over the next 4 months is: 51.3 Dollars.
The commentary on SFTBF stock Target Price: Highest: 55.544 Dollars is predicted.
The commentary on SFTBF stock Target Price: Lowest: 47.405 Dollars is predicted.
Resistance Price where SoftBank Group Corp. stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 08-29-2024 | 48.491 |
| 10-23-2024 | 50.366 |
| 12-02-2024 | 55.544 |
| 01-21-2025 | 52.446 |
| 03-17-2025 | 54.436 |
Support Price where SoftBank Group Corp. stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 07-30-2024 | 47.405 |
| 09-03-2024 | 48.251 |
| 10-28-2024 | 50.104 |
| 01-06-2025 | 52.248 |
| 02-10-2025 | 51.769 |
The commentary on SFTBF stock: Fluctuations in the target price can be expected in the coming days.
The target price for SoftBank Group Corp. stock by the end of 2024 is predicted to be 52.885 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on SFTBF stock, and the 2024 target price predictions for SoftBank Group Corp. are detailed above.
The technical analysis and charts for the commentary on SFTBF stock are below.
SFTBF Support & Resistance and Trend Analysis
SFTBF stock you have reviewed the technical analysis support resistance charts regarding.
SFTBF : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the SFTBF review, the SoftBank Group Corp. 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.
SoftBank Group Corp. Support and Resistance Prices:
| SFTBF Support Level Price | SFTBF Resistance Level Price |
|---|---|
| 36.65 | 42.00 |
| 38.39 | 43.39 |
| 40.62 | 45.31 |
| 42.58 | 45.90 |
| 47.63 | 53.23 |
| 47.93 | 57.75 |
| 51.85 | 61.85 |
| 52.45 | 62.00 |
| 56.65 | 62.18 |
| 56.85 |
SFTBF Technical Analysis: SMA, RSI, MACD
Upon reviewing the SFTBF chart, buy and sell signals have been generated in the SoftBank Group Corp. 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 SFTBF stock are as follows:- The technical analysis for SFTBF indicates that the 14-period RSI has most recently generated a 'Sell' signal.
- The technical analysis for SFTBF indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
- The technical analysis for SoftBank Group Corp. issued a 'Buy' signal when the MACD was at -1.871, with the current MACD value being: 1.624
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 SoftBank Group Corp. stock: Click here to read more predictions on Shin-Etsu Chemical Co. stock.
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