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Takip Edin: @UscMarketsEBBNF Stock Forecast & Enbridge Chart Analysis
This article provides a detailed analysis of EBBNF-Enbridge Inc. stock including a forecast for EBBNF shares. It features Enbridge 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.
EBBNF Historical Data Review
EBBNF Current Price Performance Analysis
The Enbridge - EBBNF stock traded on the American stock market, on 06-05-2024, closed at 20.55$ with a %-1.11 decreased compared to the previous day.
In the last month, the price of EBBNF changed by %-0.72 decreased in value, from 20.7 dollars on 05-06-2024 to 20.55 dollars, decreased.
Last year, the price of EBBNF was 19.7 dollars on 06-06-2023, and changed by %4.31 increased in value, to 20.55 dollars increased within a year.
The price of Enbridge 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.
EBBNF with AI Stock Forecast & Price Target
On the EBBNF chart Enbridge price was recorded as 20.55 Dollars on 06/05/2024.
The artificial intelligence's forecast on EBBNF stock is as follows.
The artificial intelligence's prediction error margin for EBBNF stock is 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 Enbridge stock over the next 4 months is: 19.4 Dollars.
The commentary on EBBNF stock Target Price: Highest: 20.907 Dollars is predicted.
The commentary on EBBNF stock Target Price: Lowest: 17.715 Dollars is predicted.
Resistance Price where Enbridge stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 07-25-2024 | 20.907 |
| 10-03-2024 | 20.898 |
| 12-17-2024 | 19.237 |
| 03-12-2025 | 17.924 |
Support Price where Enbridge stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 06-25-2024 | 20.694 |
| 08-29-2024 | 20.315 |
| 11-22-2024 | 19.023 |
| 02-10-2025 | 17.715 |
The commentary on EBBNF stock: Fluctuations in the target price can be expected in the coming days.
The target price for Enbridge stock by the end of 2024 is predicted to be 18.963 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on EBBNF stock, and the 2024 target price predictions for Enbridge are detailed above.
The technical analysis and charts for the commentary on EBBNF stock are below.
EBBNF Support & Resistance and Trend Analysis
EBBNF stock you have reviewed the technical analysis support resistance charts regarding.
EBBNF : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the EBBNF review, the Enbridge 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.
Enbridge Support and Resistance Prices:
| EBBNF Support Level Price | EBBNF Resistance Level Price |
|---|---|
| 18.85 | 19.35 |
| 18.86 | 19.38 |
| 18.98 | 19.70 |
| 19.71 | 20.49 |
| 20.13 | 20.50 |
| 20.15 | 20.56 |
| 20.51 | 21.02 |
| 20.65 | 21.20 |
| 20.75 | 21.50 |
| 21.65 |
EBBNF Technical Analysis: SMA, RSI, MACD
Upon reviewing the EBBNF chart, buy and sell signals have been generated in the Enbridge 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 EBBNF stock are as follows:- The technical analysis for Enbridge 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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