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Takip Edin: @UscMarketsFERG Stock Forecast & Ferguson plc Chart Analysis
This article provides a detailed analysis of FERG-Ferguson plc stock including a forecast for FERG shares. It features Ferguson plc 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
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FERG Historical Data Review
FERG Current Price Performance Analysis
The Ferguson plc - FERG stock traded on the American stock market, on 06-05-2024, closed at 201.54$ with a %2.33 increased compared to the previous day.
In the last month, the price of FERG changed by %-7.83 decreased in value, from 218.66 dollars on 05-06-2024 to 201.54 dollars, decreased.
Last year, the price of FERG was 147.14 dollars on 06-06-2023, and changed by %36.97 increased in value, to 201.54 dollars increased within a year.
The price of Ferguson plc 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.
FERG with AI Stock Forecast & Price Target
On the FERG chart Ferguson plc price was recorded as 201.54 Dollars on 06/05/2024.
The artificial intelligence's forecast on FERG stock is as follows.
The artificial intelligence's prediction error margin for FERG stock is moderately 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 Ferguson plc stock over the next 4 months is: 235.5 Dollars.
The commentary on FERG stock Target Price: Highest: 252.318 Dollars is predicted.
The commentary on FERG stock Target Price: Lowest: 210.588 Dollars is predicted.
Resistance Price where Ferguson plc stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 07-05-2024 | 226.281 |
| 12-02-2024 | 252.318 |
| 01-21-2025 | 250.714 |
| 03-12-2025 | 248.944 |
Support Price where Ferguson plc stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 09-03-2024 | 210.588 |
| 12-27-2024 | 247.390 |
| 02-20-2025 | 245.630 |
| 04-01-2025 | 244.973 |
The commentary on FERG stock: The target price can generally be said to be on the rise.
The commentary on FERG stock: Fluctuations in the target price can be expected in the coming days.
The target price for Ferguson plc stock by the end of 2024 is predicted to be 247.39 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on FERG stock, and the 2024 target price predictions for Ferguson plc are detailed above.
The technical analysis and charts for the commentary on FERG stock are below.
FERG Support & Resistance and Trend Analysis
FERG stock you have reviewed the technical analysis support resistance charts regarding.
FERG : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the FERG review, the Ferguson plc 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.
Ferguson plc Support and Resistance Prices:
| FERG Support Level Price | FERG Resistance Level Price |
|---|---|
| 183.74 | 191.58 |
| 184.15 | 192.67 |
| 186.95 | 194.13 |
| 187.63 | 199.52 |
| 195.93 | 207.48 |
| 205.07 | 217.32 |
| 214.73 | 222.57 |
| 224.86 |
FERG Technical Analysis: SMA, RSI, MACD
Upon reviewing the FERG chart, buy and sell signals have been generated in the Ferguson plc 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 FERG stock are as follows:- FERG technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for Ferguson plc gave a 'Buy' signal when the RSI was at 29.647, with the current RSI value at 24.876.
- The technical analysis for Ferguson plc 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 Ferguson plc stock: Click here to read more predictions on Brookfield Corporation stock.
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