CRERF Stock Forecast & Carrefour SA Chart Analysis
This article provides a detailed analysis of CRERF-Carrefour SA stock including a forecast for CRERF shares. It features Carrefour SA 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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CRERF Historical Data Review
CRERF Current Price Performance Analysis
The Carrefour SA - CRERF stock traded on the American stock market, on 06-05-2024, closed at 16.77$ with no change compared to the previous day.
In the last month, the price of CRERF changed by %-1.35 decreased in value, from 17.0 dollars on 05-06-2024 to 16.77 dollars, decreased.
Last year, the price of CRERF was 18.92 dollars on 06-06-2023, and changed by %-11.36 decreased in value, to 16.77 dollars decreased within a year.
The price of Carrefour SA 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.
CRERF with AI Stock Forecast & Price Target
On the CRERF chart Carrefour SA price was recorded as 16.77 Dollars on 06/05/2024.
The artificial intelligence's forecast on CRERF stock is as follows.
The artificial intelligence's prediction error margin for CRERF 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 Carrefour SA stock over the next 4 months is: 14.5 Dollars.
The commentary on CRERF stock Target Price: Highest: 16.526 Dollars is predicted.
The commentary on CRERF stock Target Price: Lowest: 12.948 Dollars is predicted.
Resistance Price where Carrefour SA stock will Rise and Fall:
Date | Price Prediction |
---|---|
07-05-2024 | 16.526 |
10-08-2024 | 15.058 |
12-12-2024 | 14.252 |
01-06-2025 | 14.161 |
03-07-2025 | 13.176 |
Support Price where Carrefour SA stock will Fall and Rise:
Date | Price Prediction |
---|---|
09-13-2024 | 14.596 |
11-12-2024 | 13.938 |
12-27-2024 | 14.151 |
02-25-2025 | 13.165 |
04-01-2025 | 12.948 |
The commentary on CRERF stock: The target price can generally be said to be on the decline.
The commentary on CRERF stock: Fluctuations in the target price can be expected in the coming days.
The target price for Carrefour SA stock by the end of 2024 is predicted to be 14.151 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on CRERF stock, and the 2024 target price predictions for Carrefour SA are detailed above.
The technical analysis and charts for the commentary on CRERF stock are below.
CRERF Support & Resistance and Trend Analysis
CRERF stock you have reviewed the technical analysis support resistance charts regarding.
CRERF : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the CRERF review, the Carrefour SA 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.
Carrefour SA Support and Resistance Prices:
CRERF Support Level Price | CRERF Resistance Level Price |
---|---|
15.93 | 17.28 |
16.17 | 17.42 |
16.77 | 17.80 |
16.79 | 18.48 |
16.89 | 18.82 |
17.00 | |
17.45 | |
17.57 | |
18.40 |
CRERF Technical Analysis: SMA, RSI, MACD
Upon reviewing the CRERF chart, buy and sell signals have been generated in the Carrefour SA 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 CRERF stock are as follows:- CRERF technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for Carrefour SA gave a 'Buy' signal when the RSI was at 16.887, with the current RSI value at 33.755.
- The technical analysis for Carrefour SA 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.
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