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ENGQF Stock Forecast & Engie SA Chart Analysis

This article provides a detailed analysis of ENGQF-Engie SA stock including a forecast for ENGQF 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.

ENGQF Historical Data Review

ENGQF Current Price Performance Analysis

The Engie SA - ENGQF stock traded on the American stock market, on 06-05-2024, closed at 16.94$ with a %-1.68 decreased compared to the previous day.

In the last month, the price of ENGQF changed by %1.19 increased in value, from 16.74 dollars on 05-06-2024 to 16.94 dollars, increased.

Last year, the price of ENGQF was 15.3 dollars on 06-06-2023, and changed by %10.72 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.

ENGQF with AI Stock Forecast & Price Target

ENGQF stock forecast Engie SA price target

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

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

The artificial intelligence's prediction error margin for ENGQF 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: 16.9 Dollars.

The commentary on ENGQF stock Target Price: Highest: 18.433 Dollars is predicted.

The commentary on ENGQF stock Target Price: Lowest: 15.032 Dollars is predicted.

Resistance Price where Engie SA stock will Rise and Fall:

Date Price Prediction
06-20-2024 17.370
10-08-2024 17.404
12-17-2024 18.433

Support Price where Engie SA stock will Fall and Rise:

Date Price Prediction
08-14-2024 15.032
11-12-2024 16.792
03-07-2025 16.489

The commentary on ENGQF 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 18.414 Dollars.

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

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

ENGQF Support & Resistance and Trend Analysis

ENGQF review Engie SA technical analysis trend chart ENGQF priceENGQF stock support and resistance price chart

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

ENGQF : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the ENGQF 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:

ENGQF Support Level Price ENGQF Resistance Level Price
14.98 16.28
15.39 16.87
15.76 17.18
16.03 17.19
16.05 17.35
16.20 17.40
16.43 17.41
16.51 17.55
17.00 17.87
17.02 18.17
17.05 18.32
18.60

ENGQF Technical Analysis: SMA, RSI, MACD

ENGQF review Engie SA SMA chart analysis ENGQF priceENGQF buy or sell review Engie SA MACD chart analysis ENGQF price

Upon reviewing the ENGQF 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 ENGQF stock are as follows:
  1. The technical analysis for ENGQF indicates that the 14-period RSI has most recently generated a 'Sell' signal.
  2. The technical analysis for ENGQF indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
  3. The technical analysis for Engie SA issued a 'Buy' signal when the MACD was at 0.032, with the current MACD value being: 0.025

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 General Mills stock.

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