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CRRFY Stock Forecast & Carrefour SA Chart Analysis

This article provides a detailed analysis of CRRFY-Carrefour SA stock including a forecast for CRRFY 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

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

CRRFY Historical Data Review

CRRFY Current Price Performance Analysis

The Carrefour SA - CRRFY stock traded on the American stock market, on 06-05-2024, closed at 3.26$ with a %-2.69 decreased compared to the previous day.

In the last month, the price of CRRFY changed by %-5.51 decreased in value, from 3.45 dollars on 05-06-2024 to 3.26 dollars, decreased.

Last year, the price of CRRFY was 3.55 dollars on 06-06-2023, and changed by %-8.17 decreased in value, to 3.26 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.

CRRFY with AI Stock Forecast & Price Target

CRRFY stock forecast Carrefour SA price target

On the CRRFY chart Carrefour SA price was recorded as 3.26 Dollars on 06/05/2024.

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

The artificial intelligence's prediction error margin for CRRFY 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: 3.0 Dollars.

The commentary on CRRFY stock Target Price: Highest: 3.446 Dollars is predicted.

The commentary on CRRFY stock Target Price: Lowest: 2.773 Dollars is predicted.

Resistance Price where Carrefour SA stock will Rise and Fall:

Date Price Prediction
07-05-2024 3.446
10-03-2024 3.112
12-17-2024 3.023

Support Price where Carrefour SA stock will Fall and Rise:

Date Price Prediction
09-13-2024 3.074
11-12-2024 2.872
03-27-2025 2.773

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

The commentary on CRRFY 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 3.015 Dollars.

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

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

CRRFY Support & Resistance and Trend Analysis

CRRFY review Carrefour SA technical analysis trend chart CRRFY priceCRRFY stock support and resistance price chart

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

CRRFY : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the CRRFY 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:

CRRFY Support Level Price CRRFY Resistance Level Price
3.13 3.53
3.18 3.55
3.32 3.59
3.33 3.60
3.34 3.63
3.39 3.75
3.48 3.88
3.61

CRRFY Technical Analysis: SMA, RSI, MACD

CRRFY review Carrefour SA SMA chart analysis CRRFY priceCRRFY buy or sell review Carrefour SA MACD chart analysis CRRFY price

Upon reviewing the CRRFY 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 CRRFY stock are as follows:
  1. 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.

You have read the comments, technical analyses, target prices, and financial reports for Carrefour SA stock: Click here to read more predictions on JDE Peet's N.V. stock.

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