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Takip Edin: @UscMarketsGLPEY Stock Forecast & Galp Energia, SGPS Chart Analysis
This article provides a detailed analysis of GLPEY-Galp Energia, SGPS stock including a forecast for GLPEY 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.
GLPEY Historical Data Review
GLPEY Current Price Performance Analysis
The Galp Energia, SGPS - GLPEY stock traded on the American stock market, on 06-05-2024, closed at 10.32$ with a %1.08 increased compared to the previous day.
In the last month, the price of GLPEY changed by %-3.19 decreased in value, from 10.66 dollars on 05-06-2024 to 10.32 dollars, decreased.
Last year, the price of GLPEY was 5.57 dollars on 06-06-2023, and changed by %85.28 increased in value, to 10.32 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.
GLPEY with AI Stock Forecast & Price Target
On the GLPEY chart Galp Energia, SGPS price was recorded as 10.32 Dollars on 06/05/2024.
The artificial intelligence's forecast on GLPEY stock is as follows.
The artificial intelligence's prediction error margin for GLPEY 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: 9.2 Dollars.
The commentary on GLPEY stock Target Price: Highest: 10.61 Dollars is predicted.
The commentary on GLPEY stock Target Price: Lowest: 8.167 Dollars is predicted.
Resistance Price where Galp Energia, SGPS stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 10-08-2024 | 8.981 |
| 03-12-2025 | 10.158 |
Support Price where Galp Energia, SGPS stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 08-09-2024 | 8.167 |
| 11-07-2024 | 8.499 |
| 03-17-2025 | 10.130 |
The commentary on GLPEY stock: The target price can generally be said to be on the rise.
The commentary on GLPEY 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 9.187 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on GLPEY stock, and the 2024 target price predictions for Galp Energia, SGPS are detailed above.
The technical analysis and charts for the commentary on GLPEY stock are below.
GLPEY Support & Resistance and Trend Analysis
GLPEY stock you have reviewed the technical analysis support resistance charts regarding.
GLPEY : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the GLPEY 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:
| GLPEY Support Level Price | GLPEY Resistance Level Price |
|---|---|
| 7.07 | 7.54 |
| 7.11 | 7.88 |
| 7.12 | 7.98 |
| 7.46 | 8.01 |
| 7.51 | 8.20 |
| 7.79 | 8.43 |
| 7.95 | 8.57 |
| 8.40 | 10.81 |
| 10.30 | 10.89 |
| 10.91 | |
| 11.00 |
GLPEY Technical Analysis: SMA, RSI, MACD
Upon reviewing the GLPEY 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 GLPEY stock are as follows:- GLPEY 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 28.302, with the current RSI value at 46.61.
- 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 Elastic N.V. stock.
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