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Takip Edin: @UscMarketsLGGNF Stock Forecast & Legal & General Chart Analysis
This article provides a detailed analysis of LGGNF-Legal & General stock including a forecast for LGGNF shares. It features Legal & General Group 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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LGGNF Historical Data Review
LGGNF Current Price Performance Analysis
The Legal & General - LGGNF stock traded on the American stock market, on 06-05-2024, closed at 3.29$ with a %3.79 increased compared to the previous day.
In the last month, the price of LGGNF changed by %11.15 increased in value, from 2.96 dollars on 05-06-2024 to 3.29 dollars, increased.
Last year, the price of LGGNF was 2.92 dollars on 06-06-2023, and changed by %12.67 increased in value, to 3.29 dollars increased within a year.
The price of Legal & General 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.
LGGNF with AI Stock Forecast & Price Target
On the LGGNF chart Legal & General price was recorded as 3.29 Dollars on 06/05/2024.
The artificial intelligence's forecast on LGGNF stock is as follows.
The artificial intelligence's prediction error margin for LGGNF 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 Legal & General stock over the next 4 months is: 3.0 Dollars.
The commentary on LGGNF stock Target Price: Highest: 3.33 Dollars is predicted.
The commentary on LGGNF stock Target Price: Lowest: 2.808 Dollars is predicted.
Resistance Price where Legal & General stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 06-20-2024 | 3.330 |
| 10-08-2024 | 3.126 |
| 12-12-2024 | 3.255 |
Support Price where Legal & General stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 07-30-2024 | 2.849 |
| 11-07-2024 | 3.090 |
| 02-10-2025 | 2.808 |
The commentary on LGGNF stock: The target price can generally be said to be on the rise.
The commentary on LGGNF stock: Fluctuations in the target price can be expected in the coming days.
The target price for Legal & General stock by the end of 2024 is predicted to be 3.14 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on LGGNF stock, and the 2024 target price predictions for Legal & General are detailed above.
The technical analysis and charts for the commentary on LGGNF stock are below.
LGGNF Support & Resistance and Trend Analysis
LGGNF stock you have reviewed the technical analysis support resistance charts regarding.
LGGNF : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the LGGNF review, the Legal & General 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.
Legal & General Support and Resistance Prices:
| LGGNF Support Level Price | LGGNF Resistance Level Price |
|---|---|
| 2.50 | 2.97 |
| 2.61 | 3.00 |
| 2.79 | 3.01 |
| 2.80 | 3.21 |
| 2.86 | 3.24 |
| 2.87 | 3.26 |
| 2.89 | 3.27 |
| 2.98 | 3.29 |
| 3.01 | 3.32 |
| 3.06 | 3.35 |
| 3.36 |
LGGNF Technical Analysis: SMA, RSI, MACD
Upon reviewing the LGGNF chart, buy and sell signals have been generated in the Legal & General 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 LGGNF stock are as follows:- The technical analysis for LGGNF indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
- The technical analysis for Legal & General issued a 'Buy' signal when the MACD was at 0.016, with the current MACD value being: 0.033
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.
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