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Takip Edin: @UscMarketsELCPF Stock Forecast & EDP - Energias Chart Analysis
This article provides a detailed analysis of ELCPF-EDP - Energias stock including a forecast for ELCPF shares. It features EDP - Energias de Portugal, S.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.
ELCPF Historical Data Review
ELCPF Current Price Performance Analysis
The EDP - Energias - ELCPF stock traded on the American stock market, on 06-05-2024, closed at 3.89$ with no change compared to the previous day.
In the last month, the price of ELCPF changed by %2.64 increased in value, from 3.79 dollars on 05-06-2024 to 3.89 dollars, increased.
Last year, the price of ELCPF was 5.1 dollars on 06-06-2023, and changed by %-23.73 decreased in value, to 3.89 dollars decreased within a year.
The price of EDP - Energias stock is riding high above the 50-day and 100-day moving averages. This means it's on a positive run for now, great news for those who got in early. But let's not take our eyes off the ball; no stock climbs forever.
ELCPF with AI Stock Forecast & Price Target
On the ELCPF chart EDP - Energias price was recorded as 3.89 Dollars on 06/05/2024.
The artificial intelligence's forecast on ELCPF stock is as follows.
The artificial intelligence's prediction error margin for ELCPF 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 EDP - Energias stock over the next 4 months is: 3.2 Dollars.
The commentary on ELCPF stock Target Price: Highest: 3.924 Dollars is predicted.
The commentary on ELCPF stock Target Price: Lowest: 2.635 Dollars is predicted.
Resistance Price where EDP - Energias stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 06-20-2024 | 3.924 |
| 08-29-2024 | 3.468 |
| 10-08-2024 | 3.499 |
Support Price where EDP - Energias stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 08-09-2024 | 3.461 |
| 09-13-2024 | 3.461 |
| 03-27-2025 | 2.635 |
The commentary on ELCPF stock: The target price can generally be said to be on the decline.
The commentary on ELCPF stock: Fluctuations in the target price can be expected in the coming days.
The target price for EDP - Energias stock by the end of 2024 is predicted to be 3.03 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on ELCPF stock, and the 2024 target price predictions for EDP - Energias are detailed above.
The technical analysis and charts for the commentary on ELCPF stock are below.
ELCPF Support & Resistance and Trend Analysis
ELCPF stock you have reviewed the technical analysis support resistance charts regarding.
ELCPF : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the ELCPF review, the EDP - Energias 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.
EDP - Energias Support and Resistance Prices:
| ELCPF Support Level Price | ELCPF Resistance Level Price |
|---|---|
| 3.58 | 3.94 |
| 3.74 | 4.12 |
| 3.89 | 4.13 |
| 3.93 | 4.28 |
| 4.42 | 4.48 |
| 4.70 | 4.70 |
| 4.74 | 4.85 |
| 4.75 | 5.05 |
ELCPF Technical Analysis: SMA, RSI, MACD
Upon reviewing the ELCPF chart, buy and sell signals have been generated in the EDP - Energias 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 ELCPF stock are as follows:- ELCPF technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for EDP - Energias gave a 'Buy' signal when the RSI was at 23.529, with the current RSI value at 23.529.
- The technical analysis for EDP - Energias 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 EDP - Energias stock: Click here to read more predictions on Olympus Corporation stock.
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