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GEN Stock Forecast & Gen Digital Chart Analysis

This article provides a detailed analysis of GEN-Gen Digital Inc. stock including a forecast for GEN shares. It features Gen Digital Inc. 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.

GEN Historical Data Review

GEN Current Price Performance Analysis

The Gen Digital - GEN stock traded on the American stock market, on 06-05-2024, closed at 25.46$ with a %2.58 increased compared to the previous day.

In the last month, the price of GEN changed by %29.24 increased in value, from 19.7 dollars on 05-06-2024 to 25.46 dollars, increased.

Last year, the price of GEN was 18.13 dollars on 06-06-2023, and changed by %40.43 increased in value, to 25.46 dollars increased within a year.

The price of Gen Digital 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.

GEN with AI Stock Forecast & Price Target

GEN stock forecast Gen Digital price target

On the GEN chart Gen Digital price was recorded as 25.46 Dollars on 06/05/2024.

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

The artificial intelligence's prediction error margin for GEN 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 Gen Digital stock over the next 4 months is: 22.0 Dollars.

The commentary on GEN stock Target Price: Highest: 24.439 Dollars is predicted.

The commentary on GEN stock Target Price: Lowest: 20.204 Dollars is predicted.

Resistance Price where Gen Digital stock will Rise and Fall:

Date Price Prediction
07-25-2024 21.358
09-23-2024 21.221
01-06-2025 24.439
02-10-2025 23.924

Support Price where Gen Digital stock will Fall and Rise:

Date Price Prediction
07-05-2024 20.837
08-29-2024 20.209
10-18-2024 20.204
02-05-2025 23.873
03-27-2025 21.497

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

The target price for Gen Digital stock by the end of 2024 is predicted to be 24.124 Dollars.

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

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

GEN Support & Resistance and Trend Analysis

GEN review Gen Digital Inc. technical analysis trend chart GEN priceGEN stock support and resistance price chart

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

GEN : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the GEN review, the Gen Digital 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.

Gen Digital Support and Resistance Prices:

GEN Support Level Price GEN Resistance Level Price
19.08 21.00
19.58 22.31
20.74 22.34
20.98 22.69
21.01 23.39
21.07 24.37
24.22 25.47
25.48

GEN Technical Analysis: SMA, RSI, MACD

GEN review Gen Digital Inc. SMA chart analysis GEN priceGEN buy or sell review Gen Digital Inc. MACD chart analysis GEN price

Upon reviewing the GEN chart, buy and sell signals have been generated in the Gen Digital 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 GEN stock are as follows:
  1. The technical analysis for GEN indicates that the 14-period RSI has most recently generated a 'Sell' signal.
  2. The technical analysis for Gen Digital 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 Gen Digital stock: Click here to read more predictions on Tenaga Nasional Berhad stock.

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