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SUHJF Stock Forecast & Sun Hung Kai Chart Analysis

This article provides a detailed analysis of SUHJF-Sun Hung Kai stock including a forecast for SUHJF shares. It features Sun Hung Kai Properties 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.

SUHJF Historical Data Review

SUHJF Current Price Performance Analysis

The Sun Hung Kai - SUHJF stock traded on the American stock market, on 06-05-2024, closed at 9.35$ with a %-8.51 decreased compared to the previous day.

In the last month, the price of SUHJF changed by %2.41 increased in value, from 9.13 dollars on 05-06-2024 to 9.35 dollars, increased.

Last year, the price of SUHJF was 12.91 dollars on 06-06-2023, and changed by %-27.58 decreased in value, to 9.35 dollars decreased within a year.

The price of Sun Hung Kai stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.

SUHJF with AI Stock Forecast & Price Target

SUHJF stock forecast Sun Hung Kai price target

On the SUHJF chart Sun Hung Kai price was recorded as 9.35 Dollars on 06/05/2024.

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

The artificial intelligence's prediction error margin for SUHJF 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 Sun Hung Kai stock over the next 4 months is: 6.8 Dollars.

The commentary on SUHJF stock Target Price: Highest: 9.549 Dollars is predicted.

The commentary on SUHJF stock Target Price: Lowest: 4.665 Dollars is predicted.

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

The target price for Sun Hung Kai stock by the end of 2024 is predicted to be 6.075 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on SUHJF stock, and the 2024 target price predictions for Sun Hung Kai are detailed above.

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

SUHJF Support & Resistance and Trend Analysis

SUHJF review Sun Hung Kai technical analysis trend chart SUHJF priceSUHJF stock support and resistance price chart

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

SUHJF : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the SUHJF review, the Sun Hung Kai 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.

Sun Hung Kai Support and Resistance Prices:

SUHJF Support Level Price SUHJF Resistance Level Price
8.82 9.98
9.01 10.28
9.37 10.29
9.60 10.82
10.11 10.97

SUHJF Technical Analysis: SMA, RSI, MACD

SUHJF review Sun Hung Kai SMA chart analysis SUHJF priceSUHJF buy or sell review Sun Hung Kai MACD chart analysis SUHJF price

Upon reviewing the SUHJF chart, buy and sell signals have been generated in the Sun Hung Kai 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 SUHJF stock are as follows:
  1. The technical analysis for SUHJF indicates that the 14-period RSI has most recently generated a 'Sell' signal.
  2. The technical analysis for Sun Hung Kai 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.