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ESLOF Stock Forecast & EssilorLuxottica Société anonyme Chart Analysis

This article provides a detailed analysis of ESLOF-EssilorLuxottica Société anonyme stock including a forecast for ESLOF shares. It features EssilorLuxottica Société anonyme 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.

ESLOF Historical Data Review

ESLOF Current Price Performance Analysis

The EssilorLuxottica Société anonyme - ESLOF stock traded on the American stock market, on 06-05-2024, closed at 224.42$ with a %-0.88 decreased compared to the previous day.

In the last month, the price of ESLOF changed by %5.42 increased in value, from 212.89 dollars on 05-06-2024 to 224.42 dollars, increased.

Last year, the price of ESLOF was 177.91 dollars on 06-06-2023, and changed by %26.14 increased in value, to 224.42 dollars increased within a year.

The price of EssilorLuxottica Société anonyme 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.

ESLOF with AI Stock Forecast & Price Target

ESLOF stock forecast EssilorLuxottica Société anonyme price target

On the ESLOF chart EssilorLuxottica Société anonyme price was recorded as 224.42 Dollars on 06/05/2024.

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

The artificial intelligence's prediction error margin for ESLOF 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 EssilorLuxottica Société anonyme stock over the next 4 months is: 230.2 Dollars.

The commentary on ESLOF stock Target Price: Highest: 245.11 Dollars is predicted.

The commentary on ESLOF stock Target Price: Lowest: 217.63 Dollars is predicted.

Resistance Price where EssilorLuxottica Société anonyme stock will Rise and Fall:

Date Price Prediction
06-20-2024 233.432
10-08-2024 245.110
12-17-2024 236.788
02-20-2025 230.674

Support Price where EssilorLuxottica Société anonyme stock will Fall and Rise:

Date Price Prediction
08-29-2024 217.630
11-22-2024 232.499
01-21-2025 227.662
03-17-2025 218.046

The commentary on ESLOF stock: The target price can generally be said to be on the decline.

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

The target price for EssilorLuxottica Société anonyme stock by the end of 2024 is predicted to be 235.719 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on ESLOF stock, and the 2024 target price predictions for EssilorLuxottica Société anonyme are detailed above.

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

ESLOF Support & Resistance and Trend Analysis

ESLOF review EssilorLuxottica Société anonyme technical analysis trend chart ESLOF priceESLOF stock support and resistance price chart

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

ESLOF : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the ESLOF review, the EssilorLuxottica Société anonyme 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.

EssilorLuxottica Société anonyme Support and Resistance Prices:

ESLOF Support Level Price ESLOF Resistance Level Price
186.95 200.00
188.00 204.50
192.50 205.06
195.24 206.00
198.82 213.44
208.97 220.11
214.35 222.84
215.50 223.85
216.00 232.10
232.87
234.37

ESLOF Technical Analysis: SMA, RSI, MACD

ESLOF review EssilorLuxottica Société anonyme SMA chart analysis ESLOF priceESLOF buy or sell review EssilorLuxottica Société anonyme MACD chart analysis ESLOF price

Upon reviewing the ESLOF chart, buy and sell signals have been generated in the EssilorLuxottica Société anonyme 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 ESLOF stock are as follows:
  1. The technical analysis for ESLOF indicates that the 14-period RSI has most recently generated a 'Sell' signal.
  2. The technical analysis for EssilorLuxottica Société anonyme 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 EssilorLuxottica Société anonyme stock: Click here to read more predictions on Analog Devices stock.

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