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Takip Edin: @UscMarketsTCTZF Stock Forecast & Tencent Holdings Limited Chart Analysis
This article provides a detailed analysis of TCTZF-Tencent Holdings Limited stock including a forecast for TCTZF shares. It features Tencent 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
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TCTZF Historical Data Review
TCTZF Current Price Performance Analysis
The Tencent Holdings Limited - TCTZF stock traded on the American stock market, on 06-05-2024, closed at 48.7$ with a %-0.90 decreased compared to the previous day.
In the last month, the price of TCTZF changed by %2.74 increased in value, from 47.4 dollars on 05-06-2024 to 48.7 dollars, increased.
Last year, the price of TCTZF was 42.91 dollars on 06-06-2023, and changed by %13.49 increased in value, to 48.7 dollars increased within a year.
The price of Tencent Holdings Limited 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.
TCTZF with AI Stock Forecast & Price Target
On the TCTZF chart Tencent Holdings Limited price was recorded as 48.7 Dollars on 06/05/2024.
The artificial intelligence's forecast on TCTZF stock is as follows.
The artificial intelligence's prediction error margin for TCTZF 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 Tencent Holdings Limited stock over the next 4 months is: 45.6 Dollars.
The commentary on TCTZF stock Target Price: Highest: 48.912 Dollars is predicted.
The commentary on TCTZF stock Target Price: Lowest: 42.648 Dollars is predicted.
Resistance Price where Tencent Holdings Limited stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 07-25-2024 | 44.106 |
| 09-18-2024 | 48.218 |
| 11-12-2024 | 48.912 |
| 12-17-2024 | 48.729 |
| 02-25-2025 | 44.692 |
| 04-11-2025 | 42.698 |
Support Price where Tencent Holdings Limited stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 06-25-2024 | 43.306 |
| 08-09-2024 | 43.979 |
| 10-18-2024 | 46.786 |
| 12-02-2024 | 48.517 |
| 01-31-2025 | 43.232 |
| 04-01-2025 | 42.648 |
The commentary on TCTZF stock: Fluctuations in the target price can be expected in the coming days.
The target price for Tencent Holdings Limited stock by the end of 2024 is predicted to be 48.564 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on TCTZF stock, and the 2024 target price predictions for Tencent Holdings Limited are detailed above.
The technical analysis and charts for the commentary on TCTZF stock are below.
TCTZF Support & Resistance and Trend Analysis
TCTZF stock you have reviewed the technical analysis support resistance charts regarding.
TCTZF : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the TCTZF review, the Tencent Holdings Limited 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.
Tencent Holdings Limited Support and Resistance Prices:
| TCTZF Support Level Price | TCTZF Resistance Level Price |
|---|---|
| 32.45 | 38.00 |
| 33.54 | 38.02 |
| 33.76 | 38.05 |
| 34.45 | 38.89 |
| 35.23 | 39.02 |
| 35.34 | 40.37 |
| 35.40 | 40.60 |
| 35.74 | 43.20 |
| 38.00 | 49.74 |
| 46.15 | 52.15 |
TCTZF Technical Analysis: SMA, RSI, MACD
Upon reviewing the TCTZF chart, buy and sell signals have been generated in the Tencent Holdings Limited 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 TCTZF stock are as follows:- The technical analysis for TCTZF indicates that the 14-period RSI has most recently generated a 'Sell' signal.
- The technical analysis for Tencent Holdings Limited 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 Tencent Holdings Limited stock: Click here to read more predictions on ASML Holding N.V. stock.
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