AGR Stock Forecast & Avangrid Chart Analysis
This article provides a detailed analysis of AGR-Avangrid stock including a forecast for AGR shares. It features Avangrid, Inc. 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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AGR Historical Data Review
AGR Current Price Performance Analysis
The Avangrid - AGR stock traded on the American stock market, on 06-05-2024, closed at 35.9$ with a %0.56 increased compared to the previous day.
In the last month, the price of AGR changed by %-2.45 decreased in value, from 36.8 dollars on 05-06-2024 to 35.9 dollars, decreased.
Last year, the price of AGR was 38.22 dollars on 06-06-2023, and changed by %-6.07 decreased in value, to 35.9 dollars decreased within a year.
The price of Avangrid 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.
AGR with AI Stock Forecast & Price Target
On the AGR chart Avangrid price was recorded as 35.9 Dollars on 06/05/2024.
The artificial intelligence's forecast on AGR stock is as follows.
The artificial intelligence's prediction error margin for AGR 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 Avangrid stock over the next 4 months is: 32.0 Dollars.
The commentary on AGR stock Target Price: Highest: 37.315 Dollars is predicted.
The commentary on AGR stock Target Price: Lowest: 26.761 Dollars is predicted.
Resistance Price where Avangrid stock will Rise and Fall:
Date | Price Prediction |
---|---|
06-25-2024 | 37.315 |
09-23-2024 | 34.166 |
12-02-2024 | 32.373 |
02-10-2025 | 30.364 |
Support Price where Avangrid stock will Fall and Rise:
Date | Price Prediction |
---|---|
08-29-2024 | 33.536 |
11-07-2024 | 31.858 |
01-16-2025 | 29.370 |
04-11-2025 | 26.761 |
The commentary on AGR stock: The target price can generally be said to be on the decline.
The commentary on AGR stock: Fluctuations in the target price can be expected in the coming days.
The target price for Avangrid stock by the end of 2024 is predicted to be 30.467 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on AGR stock, and the 2024 target price predictions for Avangrid are detailed above.
The technical analysis and charts for the commentary on AGR stock are below.
AGR Support & Resistance and Trend Analysis
AGR stock you have reviewed the technical analysis support resistance charts regarding.
AGR : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the AGR review, the Avangrid 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.
Avangrid Support and Resistance Prices:
AGR Support Level Price | AGR Resistance Level Price |
---|---|
29.33 | 31.60 |
29.71 | 32.22 |
29.76 | 32.58 |
29.96 | 32.65 |
30.61 | 34.14 |
31.32 | 34.20 |
32.10 | 34.69 |
35.31 | 36.29 |
35.44 | 36.31 |
35.56 | 36.55 |
35.67 | 37.29 |
36.24 | 37.70 |
AGR Technical Analysis: SMA, RSI, MACD
Upon reviewing the AGR chart, buy and sell signals have been generated in the Avangrid 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 AGR stock are as follows:- AGR technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for Avangrid gave a 'Buy' signal when the RSI was at 29.032, with the current RSI value at 25.948.
- The technical analysis for Avangrid 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 Avangrid stock: Click here to read more predictions on Bureau Veritas SA stock.
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