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Takip Edin: @UscMarketsCSGP Stock Forecast & CoStar Group Chart Analysis
This article provides a detailed analysis of CSGP-CoStar Group stock including a forecast for CSGP shares. It features CoStar Group, 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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CSGP Historical Data Review
CSGP Current Price Performance Analysis
The CoStar Group - CSGP stock traded on the American stock market, on 06-05-2024, closed at 78.06$ with a %-0.71 decreased compared to the previous day.
In the last month, the price of CSGP changed by %-14.50 decreased in value, from 91.3 dollars on 05-06-2024 to 78.06 dollars, decreased.
Last year, the price of CSGP was 82.31 dollars on 06-06-2023, and changed by %-5.16 decreased in value, to 78.06 dollars decreased within a year.
The price of CoStar Group 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.
CSGP with AI Stock Forecast & Price Target
On the CSGP chart CoStar Group price was recorded as 78.06 Dollars on 06/05/2024.
The artificial intelligence's forecast on CSGP stock is as follows.
The artificial intelligence's prediction error margin for CSGP 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 CoStar Group stock over the next 4 months is: 91.9 Dollars.
The commentary on CSGP stock Target Price: Highest: 100.338 Dollars is predicted.
The commentary on CSGP stock Target Price: Lowest: 84.383 Dollars is predicted.
Resistance Price where CoStar Group stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 06-25-2024 | 91.184 |
| 12-12-2024 | 100.338 |
| 02-25-2025 | 96.312 |
Support Price where CoStar Group stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 08-09-2024 | 84.383 |
| 01-21-2025 | 93.635 |
| 04-01-2025 | 92.160 |
The commentary on CSGP stock: The target price can generally be said to be on the rise.
The commentary on CSGP stock: Fluctuations in the target price can be expected in the coming days.
The target price for CoStar Group stock by the end of 2024 is predicted to be 98.495 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on CSGP stock, and the 2024 target price predictions for CoStar Group are detailed above.
The technical analysis and charts for the commentary on CSGP stock are below.
CSGP Support & Resistance and Trend Analysis
CSGP stock you have reviewed the technical analysis support resistance charts regarding.
CSGP : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the CSGP review, the CoStar Group 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.
CoStar Group Support and Resistance Prices:
| CSGP Support Level Price | CSGP Resistance Level Price |
|---|---|
| 79.82 | 85.68 |
| 80.17 | 86.30 |
| 80.48 | 86.75 |
| 81.72 | 88.47 |
| 83.16 | 89.07 |
| 84.40 | 89.11 |
| 84.93 | 93.29 |
| 93.94 | |
| 95.83 | |
| 100.38 |
CSGP Technical Analysis: SMA, RSI, MACD
Upon reviewing the CSGP chart, buy and sell signals have been generated in the CoStar Group 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 CSGP stock are as follows:- CSGP technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for CoStar Group gave a 'Buy' signal when the RSI was at 27.22, with the current RSI value at 9.169.
- The technical analysis for CoStar Group 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 CoStar Group stock: Click here to read more predictions on PPG Industries stock.
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