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Takip Edin: @UscMarketsGIS Stock Forecast & General Mills Chart Analysis
This article provides a detailed analysis of GIS-General Mills stock including a forecast for GIS shares. It features General Mills, 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.
GIS Historical Data Review
GIS Current Price Performance Analysis
The General Mills - GIS stock traded on the American stock market, on 06-05-2024, closed at 67.46$ with a %-1.00 decreased compared to the previous day.
In the last month, the price of GIS changed by %-2.43 decreased in value, from 69.14 dollars on 05-06-2024 to 67.46 dollars, decreased.
Last year, the price of GIS was 83.78 dollars on 06-06-2023, and changed by %-19.48 decreased in value, to 67.46 dollars decreased within a year.
The price of General Mills 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.
GIS with AI Stock Forecast & Price Target
On the GIS chart General Mills price was recorded as 67.46 Dollars on 06/05/2024.
The artificial intelligence's forecast on GIS stock is as follows.
The artificial intelligence's prediction error margin for GIS stock is 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 General Mills stock over the next 4 months is: 62.5 Dollars.
The commentary on GIS stock Target Price: Highest: 70.775 Dollars is predicted.
The commentary on GIS stock Target Price: Lowest: 51.248 Dollars is predicted.
Resistance Price where General Mills stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 09-23-2024 | 70.775 |
Support Price where General Mills stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 07-25-2024 | 64.595 |
The commentary on GIS stock: The target price can generally be said to be on the decline.
The commentary on GIS stock: Fluctuations in the target price can be expected in the coming days.
The target price for General Mills stock by the end of 2024 is predicted to be 61.286 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on GIS stock, and the 2024 target price predictions for General Mills are detailed above.
The technical analysis and charts for the commentary on GIS stock are below.
GIS Support & Resistance and Trend Analysis
GIS stock you have reviewed the technical analysis support resistance charts regarding.
GIS : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the GIS review, the General Mills 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.
General Mills Support and Resistance Prices:
| GIS Support Level Price | GIS Resistance Level Price |
|---|---|
| 61.48 | 65.53 |
| 62.39 | 65.92 |
| 62.40 | 66.52 |
| 63.43 | 66.66 |
| 63.60 | 67.68 |
| 66.11 | 68.24 |
| 68.85 | 70.65 |
| 70.66 | |
| 71.52 | |
| 71.70 | |
| 72.32 |
GIS Technical Analysis: SMA, RSI, MACD
Upon reviewing the GIS chart, buy and sell signals have been generated in the General Mills 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 GIS stock are as follows:- GIS technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for General Mills gave a 'Buy' signal when the RSI was at 29.371, with the current RSI value at 39.41.
- The technical analysis for General Mills 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 General Mills stock: Click here to read more predictions on Seven & i stock.
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