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COTY Stock Forecast & Coty Chart Analysis

This article provides a detailed analysis of COTY-Coty Inc. stock including a forecast for COTY shares. It features Coty 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

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

COTY Historical Data Review

COTY Current Price Performance Analysis

The Coty - COTY stock traded on the American stock market, on 06-05-2024, closed at 10.11$ with a %1.00 increased compared to the previous day.

In the last month, the price of COTY changed by %-12.09 decreased in value, from 11.5 dollars on 05-06-2024 to 10.11 dollars, decreased.

Last year, the price of COTY was 11.88 dollars on 06-06-2023, and changed by %-14.90 decreased in value, to 10.11 dollars decreased within a year.

The price of Coty 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.

COTY with AI Stock Forecast & Price Target

COTY stock forecast Coty price target

On the COTY chart Coty price was recorded as 10.11 Dollars on 06/05/2024.

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

The artificial intelligence's prediction error margin for COTY 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 Coty stock over the next 4 months is: 12.2 Dollars.

The commentary on COTY stock Target Price: Highest: 13.184 Dollars is predicted.

The commentary on COTY stock Target Price: Lowest: 11.347 Dollars is predicted.

Resistance Price where Coty stock will Rise and Fall:

Date Price Prediction
06-25-2024 12.779
08-19-2024 11.898
10-08-2024 13.077
12-02-2024 13.184
03-07-2025 11.869

Support Price where Coty stock will Fall and Rise:

Date Price Prediction
07-25-2024 11.557
09-03-2024 11.724
11-07-2024 12.549
02-20-2025 11.690
04-01-2025 11.347

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

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

The target price for Coty stock by the end of 2024 is predicted to be 12.444 Dollars.

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

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

COTY Support & Resistance and Trend Analysis

COTY review Coty Inc. technical analysis trend chart COTY priceCOTY stock support and resistance price chart

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

COTY : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the COTY review, the Coty 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.

Coty Support and Resistance Prices:

COTY Support Level Price COTY Resistance Level Price
10.64 11.77
10.84 11.81
11.34 12.53
11.39 12.57
11.46 12.79
11.71 12.85
11.83 12.99
12.08 13.30

COTY Technical Analysis: SMA, RSI, MACD

COTY review Coty Inc. SMA chart analysis COTY priceCOTY buy or sell review Coty Inc. MACD chart analysis COTY price

Upon reviewing the COTY chart, buy and sell signals have been generated in the Coty 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 COTY stock are as follows:
  1. COTY technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
  2. The technical analysis for Coty gave a 'Buy' signal when the RSI was at 29.185, with the current RSI value at 33.913.
  3. The technical analysis for Coty 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.