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Takip Edin: @UscMarketsLTOUF Stock Forecast & Larsen & Toubro Chart Analysis
This article provides a detailed analysis of LTOUF-Larsen & Toubro stock including a forecast for LTOUF shares. It features Larsen & Toubro Limited 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.
LTOUF Historical Data Review
LTOUF Current Price Performance Analysis
The Larsen & Toubro - LTOUF stock traded on the American stock market, on 06-05-2024, closed at 40.93$ with no change compared to the previous day.
In the last month, the price of LTOUF changed by %-1.09 decreased in value, from 41.38 dollars on 05-06-2024 to 40.93 dollars, decreased.
Last year, the price of LTOUF was 26.92 dollars on 06-06-2023, and changed by %52.04 increased in value, to 40.93 dollars increased within a year.
The price of Larsen & Toubro 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.
LTOUF with AI Stock Forecast & Price Target
On the LTOUF chart Larsen & Toubro price was recorded as 40.93 Dollars on 06/05/2024.
The artificial intelligence's forecast on LTOUF stock is as follows.
The artificial intelligence's prediction error margin for LTOUF stock is moderately 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 Larsen & Toubro stock over the next 4 months is: 46.7 Dollars.
The commentary on LTOUF stock Target Price: Highest: 55.932 Dollars is predicted.
The commentary on LTOUF stock Target Price: Lowest: 41.819 Dollars is predicted.
Resistance Price where Larsen & Toubro stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 06-25-2024 | 44.672 |
| 08-14-2024 | 43.591 |
| 10-03-2024 | 43.561 |
| 01-01-2025 | 48.166 |
| 03-27-2025 | 55.932 |
Support Price where Larsen & Toubro stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 08-09-2024 | 43.571 |
| 09-13-2024 | 43.101 |
| 11-07-2024 | 41.819 |
| 01-21-2025 | 47.758 |
The commentary on LTOUF stock: Fluctuations in the target price can be expected in the coming days.
The target price for Larsen & Toubro stock by the end of 2024 is predicted to be 48.053 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on LTOUF stock, and the 2024 target price predictions for Larsen & Toubro are detailed above.
The technical analysis and charts for the commentary on LTOUF stock are below.
LTOUF Support & Resistance and Trend Analysis
LTOUF stock you have reviewed the technical analysis support resistance charts regarding.
LTOUF : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the LTOUF review, the Larsen & Toubro 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.
Larsen & Toubro Support and Resistance Prices:
| LTOUF Support Level Price | LTOUF Resistance Level Price |
|---|---|
| 39.13 | 41.58 |
| 40.93 | 43.00 |
| 44.85 | |
| 45.48 |
LTOUF Technical Analysis: SMA, RSI, MACD
Upon reviewing the LTOUF chart, buy and sell signals have been generated in the Larsen & Toubro 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 LTOUF stock are as follows:- LTOUF technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for Larsen & Toubro gave a 'Buy' signal when the RSI was at 29.358, with the current RSI value at 37.209.
- The technical analysis for Larsen & Toubro 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 Larsen & Toubro stock: Click here to read more predictions on Lululemon Athletica stock.
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