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EIPAF Stock Forecast & Eni S.p.A. Chart Analysis

This article provides a detailed analysis of EIPAF-Eni S.p.A. stock including a forecast for EIPAF shares. It features Eni S.p.A. 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.

EIPAF Historical Data Review

EIPAF Current Price Performance Analysis

The Eni S.p.A. - EIPAF stock traded on the American stock market, on 06-05-2024, closed at 14.72$ with no change compared to the previous day.

In the last month, the price of EIPAF changed by %0.82 increased in value, from 14.6 dollars on 05-06-2024 to 14.72 dollars, increased.

Last year, the price of EIPAF was 12.22 dollars on 06-06-2023, and changed by %20.46 increased in value, to 14.72 dollars increased within a year.

The price of Eni S.p.A. 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.

EIPAF with AI Stock Forecast & Price Target

EIPAF stock forecast Eni S.p.A. price target

On the EIPAF chart Eni S.p.A. price was recorded as 14.72 Dollars on 06/05/2024.

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

The artificial intelligence's prediction error margin for EIPAF 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 Eni S.p.A. stock over the next 4 months is: 13.4 Dollars.

The commentary on EIPAF stock Target Price: Highest: 15.006 Dollars is predicted.

The commentary on EIPAF stock Target Price: Lowest: 12.346 Dollars is predicted.

Resistance Price where Eni S.p.A. stock will Rise and Fall:

Date Price Prediction
10-03-2024 13.381
12-17-2024 13.272
01-31-2025 13.704

Support Price where Eni S.p.A. stock will Fall and Rise:

Date Price Prediction
07-30-2024 12.346
11-07-2024 12.460
12-27-2024 13.184
02-20-2025 13.618

The commentary on EIPAF stock: The target price can generally be said to be on the rise.

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

The target price for Eni S.p.A. stock by the end of 2024 is predicted to be 13.184 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on EIPAF stock, and the 2024 target price predictions for Eni S.p.A. are detailed above.

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

EIPAF Support & Resistance and Trend Analysis

EIPAF review Eni S.p.A. technical analysis trend chart EIPAF priceEIPAF stock support and resistance price chart

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

EIPAF : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the EIPAF review, the Eni S.p.A. 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.

Eni S.p.A. Support and Resistance Prices:

EIPAF Support Level Price EIPAF Resistance Level Price
13.14 15.02
13.28 15.79
13.93 16.34
13.98 16.49
14.23 16.78
14.56 17.14
14.60

EIPAF Technical Analysis: SMA, RSI, MACD

EIPAF review Eni S.p.A. SMA chart analysis EIPAF priceEIPAF buy or sell review Eni S.p.A. MACD chart analysis EIPAF price

Upon reviewing the EIPAF chart, buy and sell signals have been generated in the Eni S.p.A. 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 EIPAF stock are as follows:
  1. EIPAF technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
  2. The technical analysis for Eni S.p.A. gave a 'Buy' signal when the RSI was at 24.348, with the current RSI value at 0.0.
  3. The technical analysis for Eni S.p.A. 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.