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LGRDY Stock Forecast & Legrand SA Chart Analysis

This article provides a detailed analysis of LGRDY-Legrand SA stock including a forecast for LGRDY shares. It features Legrand SA 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.

LGRDY Historical Data Review

LGRDY Current Price Performance Analysis

The Legrand SA - LGRDY stock traded on the American stock market, on 06-05-2024, closed at 21.45$ with a %1.13 increased compared to the previous day.

In the last month, the price of LGRDY changed by %3.87 increased in value, from 20.65 dollars on 05-06-2024 to 21.45 dollars, increased.

Last year, the price of LGRDY was 18.98 dollars on 06-06-2023, and changed by %13.01 increased in value, to 21.45 dollars increased within a year.

The price of Legrand SA 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.

LGRDY with AI Stock Forecast & Price Target

LGRDY stock forecast Legrand SA price target

On the LGRDY chart Legrand SA price was recorded as 21.45 Dollars on 06/05/2024.

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

The artificial intelligence's prediction error margin for LGRDY 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 Legrand SA stock over the next 4 months is: 23.1 Dollars.

The commentary on LGRDY stock Target Price: Highest: 24.888 Dollars is predicted.

The commentary on LGRDY stock Target Price: Lowest: 21.94 Dollars is predicted.

Resistance Price where Legrand SA stock will Rise and Fall:

Date Price Prediction
07-05-2024 22.960
12-02-2024 24.888

Support Price where Legrand SA stock will Fall and Rise:

Date Price Prediction
09-03-2024 21.940
03-27-2025 22.301

The commentary on LGRDY stock: The target price can generally be said to be on the decline.

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

The target price for Legrand SA stock by the end of 2024 is predicted to be 23.967 Dollars.

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

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

LGRDY Support & Resistance and Trend Analysis

LGRDY review Legrand SA technical analysis trend chart LGRDY priceLGRDY stock support and resistance price chart

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

LGRDY : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the LGRDY review, the Legrand SA 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.

Legrand SA Support and Resistance Prices:

LGRDY Support Level Price LGRDY Resistance Level Price
19.09 19.87
19.11 20.03
19.24 20.30
19.26 20.31
19.76 20.39
19.92 20.99
20.23 21.03
21.12 21.23
21.65
22.35
22.66
22.68

LGRDY Technical Analysis: SMA, RSI, MACD

LGRDY review Legrand SA SMA chart analysis LGRDY priceLGRDY buy or sell review Legrand SA MACD chart analysis LGRDY price

Upon reviewing the LGRDY chart, buy and sell signals have been generated in the Legrand SA 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 LGRDY stock are as follows:
  1. The technical analysis for Legrand SA 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.