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SHZHY Stock Forecast & Shenzhou International Group Chart Analysis

This article provides a detailed analysis of SHZHY-Shenzhou International Group stock including a forecast for SHZHY shares. It features Shenzhou International Group Holdings 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

Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.

SHZHY Historical Data Review

SHZHY Current Price Performance Analysis

The Shenzhou International Group - SHZHY stock traded on the American stock market, on 06-05-2024, closed at 10.54$ with a %-1.95 decreased compared to the previous day.

In the last month, the price of SHZHY changed by %-0.57 decreased in value, from 10.6 dollars on 05-06-2024 to 10.54 dollars, decreased.

Last year, the price of SHZHY was 8.83 dollars on 06-06-2023, and changed by %19.37 increased in value, to 10.54 dollars increased within a year.

The price of Shenzhou International Group 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.

SHZHY with AI Stock Forecast & Price Target

SHZHY stock forecast Shenzhou International Group price target

On the SHZHY chart Shenzhou International Group price was recorded as 10.54 Dollars on 06/05/2024.

The artificial intelligence's forecast on SHZHY stock is as follows.

The artificial intelligence's prediction error margin for SHZHY 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 Shenzhou International Group stock over the next 4 months is: 7.6 Dollars.

The commentary on SHZHY stock Target Price: Highest: 9.196 Dollars is predicted.

The commentary on SHZHY stock Target Price: Lowest: 6.956 Dollars is predicted.

Resistance Price where Shenzhou International Group stock will Rise and Fall:

Date Price Prediction
09-18-2024 7.772
01-01-2025 7.806
02-25-2025 7.263

Support Price where Shenzhou International Group stock will Fall and Rise:

Date Price Prediction
08-29-2024 7.614
11-22-2024 6.956
01-31-2025 7.010
03-27-2025 7.009

The commentary on SHZHY stock: The target price can generally be said to be on the decline.

The commentary on SHZHY stock: Fluctuations in the target price can be expected in the coming days.

The target price for Shenzhou International Group stock by the end of 2024 is predicted to be 7.805 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on SHZHY stock, and the 2024 target price predictions for Shenzhou International Group are detailed above.

The technical analysis and charts for the commentary on SHZHY stock are below.

SHZHY Support & Resistance and Trend Analysis

SHZHY review Shenzhou International Group technical analysis trend chart SHZHY priceSHZHY stock support and resistance price chart

SHZHY stock you have reviewed the technical analysis support resistance charts regarding.

SHZHY : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the SHZHY review, the Shenzhou International Group 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.

Shenzhou International Group Support and Resistance Prices:

SHZHY Support Level Price SHZHY Resistance Level Price
7.75 8.93
7.93 9.38
8.01 9.48
8.49 9.66
8.71 11.15
9.52 11.23
9.63 11.47
9.99

SHZHY Technical Analysis: SMA, RSI, MACD

SHZHY review Shenzhou International Group SMA chart analysis SHZHY priceSHZHY buy or sell review Shenzhou International Group MACD chart analysis SHZHY price

Upon reviewing the SHZHY chart, buy and sell signals have been generated in the Shenzhou International Group 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 SHZHY stock are as follows:
  1. SHZHY technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
  2. The technical analysis for Shenzhou International Group gave a 'Buy' signal when the RSI was at 29.592, with the current RSI value at 43.077.
  3. The technical analysis for Shenzhou International Group 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 Shenzhou International Group stock: Click here to read more predictions on Sarepta Therapeutics stock.

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