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Takip Edin: @UscMarketsGLPEF Stock Forecast & Galp Energia, SGPS Chart Analysis
This article provides a detailed analysis of GLPEF-Galp Energia, SGPS stock including a forecast for GLPEF shares. It features Galp Energia, SGPS, S.A. 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.
GLPEF Historical Data Review
GLPEF Current Price Performance Analysis
The Galp Energia, SGPS - GLPEF stock traded on the American stock market, on 06-05-2024, closed at 20.44$ with no change compared to the previous day.
In the last month, the price of GLPEF changed by %2.71 increased in value, from 19.9 dollars on 05-06-2024 to 20.44 dollars, increased.
Last year, the price of GLPEF was 11.51 dollars on 06-06-2023, and changed by %77.58 increased in value, to 20.44 dollars increased within a year.
The price of Galp Energia, SGPS 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.
GLPEF with AI Stock Forecast & Price Target
On the GLPEF chart Galp Energia, SGPS price was recorded as 20.44 Dollars on 06/05/2024.
The artificial intelligence's forecast on GLPEF stock is as follows.
The artificial intelligence's prediction error margin for GLPEF 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 Galp Energia, SGPS stock over the next 4 months is: 18.2 Dollars.
The commentary on GLPEF stock Target Price: Highest: 20.854 Dollars is predicted.
The commentary on GLPEF stock Target Price: Lowest: 16.304 Dollars is predicted.
Resistance Price where Galp Energia, SGPS stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 10-08-2024 | 17.782 |
| 12-12-2024 | 17.961 |
Support Price where Galp Energia, SGPS stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 08-14-2024 | 16.304 |
| 11-07-2024 | 16.789 |
| 12-27-2024 | 17.816 |
The commentary on GLPEF stock: The target price can generally be said to be on the rise.
The commentary on GLPEF stock: Fluctuations in the target price can be expected in the coming days.
The target price for Galp Energia, SGPS stock by the end of 2024 is predicted to be 17.816 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on GLPEF stock, and the 2024 target price predictions for Galp Energia, SGPS are detailed above.
The technical analysis and charts for the commentary on GLPEF stock are below.
GLPEF Support & Resistance and Trend Analysis
GLPEF stock you have reviewed the technical analysis support resistance charts regarding.
GLPEF : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the GLPEF review, the Galp Energia, SGPS 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.
Galp Energia, SGPS Support and Resistance Prices:
| GLPEF Support Level Price | GLPEF Resistance Level Price |
|---|---|
| 14.08 | 14.81 |
| 14.20 | 15.02 |
| 14.92 | 15.21 |
| 14.98 | 15.68 |
| 15.70 | 15.86 |
| 16.10 | 16.06 |
| 19.90 | 16.68 |
| 17.27 | |
| 22.42 | |
| 22.64 |
GLPEF Technical Analysis: SMA, RSI, MACD
Upon reviewing the GLPEF chart, buy and sell signals have been generated in the Galp Energia, SGPS 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 GLPEF stock are as follows:- GLPEF technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for Galp Energia, SGPS gave a 'Buy' signal when the RSI was at 5.288, with the current RSI value at 0.0.
- The technical analysis for Galp Energia, SGPS 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 Galp Energia, SGPS stock: Click here to read more predictions on Davide Campari-Milano N.V. stock.
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