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ENGIY Stock Forecast & Engie SA Chart Analysis

This article provides a detailed analysis of ENGIY-Engie SA stock including a forecast for ENGIY shares. It features Engie 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.

ENGIY Historical Data Review

ENGIY Current Price Performance Analysis

The Engie SA - ENGIY stock traded on the American stock market, on 06-05-2024, closed at 16.94$ with a %-0.24 decreased compared to the previous day.

In the last month, the price of ENGIY changed by %2.92 increased in value, from 16.46 dollars on 05-06-2024 to 16.94 dollars, increased.

Last year, the price of ENGIY was 15.05 dollars on 06-06-2023, and changed by %12.56 increased in value, to 16.94 dollars increased within a year.

The price of Engie 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.

ENGIY with AI Stock Forecast & Price Target

ENGIY stock forecast Engie SA price target

On the ENGIY chart Engie SA price was recorded as 16.94 Dollars on 06/05/2024.

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

The artificial intelligence's prediction error margin for ENGIY 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 Engie SA stock over the next 4 months is: 16.6 Dollars.

The commentary on ENGIY stock Target Price: Highest: 18.051 Dollars is predicted.

The commentary on ENGIY stock Target Price: Lowest: 14.878 Dollars is predicted.

Resistance Price where Engie SA stock will Rise and Fall:

Date Price Prediction
06-20-2024 17.224
10-08-2024 17.125
12-27-2024 18.051
02-10-2025 16.516

Support Price where Engie SA stock will Fall and Rise:

Date Price Prediction
08-14-2024 14.878
11-12-2024 16.276
02-05-2025 16.494
03-07-2025 16.227

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

The target price for Engie SA stock by the end of 2024 is predicted to be 18.051 Dollars.

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

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

ENGIY Support & Resistance and Trend Analysis

ENGIY review Engie SA technical analysis trend chart ENGIY priceENGIY stock support and resistance price chart

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

ENGIY : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the ENGIY review, the Engie 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.

Engie SA Support and Resistance Prices:

ENGIY Support Level Price ENGIY Resistance Level Price
14.96 16.86
16.28 17.01
16.41 17.17
16.57 17.62
16.63 17.99
17.11 18.00
17.18 18.15

ENGIY Technical Analysis: SMA, RSI, MACD

ENGIY review Engie SA SMA chart analysis ENGIY priceENGIY buy or sell review Engie SA MACD chart analysis ENGIY price

Upon reviewing the ENGIY chart, buy and sell signals have been generated in the Engie 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 ENGIY stock are as follows:
  1. The technical analysis for ENGIY indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
  2. The technical analysis for Engie SA issued a 'Buy' signal when the MACD was at -0.009, with the current MACD value being: -0.009

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 Engie SA stock: Click here to read more predictions on Lonza Group AG stock.

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