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CE Stock Forecast & Celanese Corporation Chart Analysis

This article provides a detailed analysis of CE-Celanese Corporation stock including a forecast for CE shares. It features Celanese Corporation 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.

CE Historical Data Review

CE Current Price Performance Analysis

The Celanese Corporation - CE stock traded on the American stock market, on 06-05-2024, closed at 146.96$ with a %1.18 increased compared to the previous day.

In the last month, the price of CE changed by %-7.62 decreased in value, from 159.08 dollars on 05-06-2024 to 146.96 dollars, decreased.

Last year, the price of CE was 115.49 dollars on 06-06-2023, and changed by %27.25 increased in value, to 146.96 dollars increased within a year.

The price of Celanese Corporation 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.

CE with AI Stock Forecast & Price Target

CE stock forecast Celanese Corporation price target

On the CE chart Celanese Corporation price was recorded as 146.96 Dollars on 06/05/2024.

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

The artificial intelligence's prediction error margin for CE 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 Celanese Corporation stock over the next 4 months is: 158.4 Dollars.

The commentary on CE stock Target Price: Highest: 181.385 Dollars is predicted.

The commentary on CE stock Target Price: Lowest: 144.015 Dollars is predicted.

Resistance Price where Celanese Corporation stock will Rise and Fall:

Date Price Prediction
07-05-2024 156.436
10-03-2024 154.941
12-12-2024 164.160

Support Price where Celanese Corporation stock will Fall and Rise:

Date Price Prediction
08-14-2024 144.015
10-28-2024 149.121
01-16-2025 158.633

The commentary on CE stock: The target price can generally be said to be on the rise.

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

The target price for Celanese Corporation stock by the end of 2024 is predicted to be 161.557 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on CE stock, and the 2024 target price predictions for Celanese Corporation are detailed above.

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

CE Support & Resistance and Trend Analysis

CE review Celanese Corporation technical analysis trend chart CE priceCE stock support and resistance price chart

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

CE : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the CE review, the Celanese Corporation 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.

Celanese Corporation Support and Resistance Prices:

CE Support Level Price CE Resistance Level Price
137.64 153.22
141.56 153.54
142.84 158.61
152.04 159.06
159.65
169.50
172.16

CE Technical Analysis: SMA, RSI, MACD

CE review Celanese Corporation SMA chart analysis CE priceCE buy or sell review Celanese Corporation MACD chart analysis CE price

Upon reviewing the CE chart, buy and sell signals have been generated in the Celanese Corporation 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 CE stock are as follows:
  1. CE technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
  2. The technical analysis for Celanese Corporation gave a 'Buy' signal when the RSI was at 27.554, with the current RSI value at 29.47.
  3. The technical analysis for Celanese Corporation 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 Celanese Corporation stock: Click here to read more predictions on WuXi AppTec Co. stock.

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