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Takip Edin: @UscMarketsLZRFY Stock Forecast & Localiza Rent a Chart Analysis
This article provides a detailed analysis of LZRFY-Localiza Rent a stock including a forecast for LZRFY shares. It features Localiza Rent a Car 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.
LZRFY Historical Data Review
LZRFY Current Price Performance Analysis
The Localiza Rent a - LZRFY stock traded on the American stock market, on 06-05-2024, closed at 8.09$ with a %0.62 increased compared to the previous day.
In the last month, the price of LZRFY changed by %-15.29 decreased in value, from 9.55 dollars on 05-06-2024 to 8.09 dollars, decreased.
Last year, the price of LZRFY was 14.23 dollars on 06-06-2023, and changed by %-43.15 decreased in value, to 8.09 dollars decreased within a year.
The price of Localiza Rent a 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.
LZRFY with AI Stock Forecast & Price Target
On the LZRFY chart Localiza Rent a price was recorded as 8.09 Dollars on 06/05/2024.
The artificial intelligence's forecast on LZRFY stock is as follows.
The artificial intelligence's prediction error margin for LZRFY 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 Localiza Rent a stock over the next 4 months is: 5.8 Dollars.
The commentary on LZRFY stock Target Price: Highest: 9.014 Dollars is predicted.
The commentary on LZRFY stock Target Price: Lowest: 4.187 Dollars is predicted.
Resistance Price where Localiza Rent a stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 10-23-2024 | 5.719 |
| 12-17-2024 | 5.709 |
| 02-10-2025 | 5.099 |
| 04-11-2025 | 4.217 |
Support Price where Localiza Rent a stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 09-18-2024 | 5.348 |
| 11-22-2024 | 5.613 |
| 02-05-2025 | 5.098 |
| 04-01-2025 | 4.187 |
The commentary on LZRFY stock: The target price can generally be said to be on the decline.
The commentary on LZRFY stock: Fluctuations in the target price can be expected in the coming days.
The target price for Localiza Rent a stock by the end of 2024 is predicted to be 5.671 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on LZRFY stock, and the 2024 target price predictions for Localiza Rent a are detailed above.
The technical analysis and charts for the commentary on LZRFY stock are below.
LZRFY Support & Resistance and Trend Analysis
LZRFY stock you have reviewed the technical analysis support resistance charts regarding.
LZRFY : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the LZRFY review, the Localiza Rent a 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.
Localiza Rent a Support and Resistance Prices:
| LZRFY Support Level Price | LZRFY Resistance Level Price |
|---|---|
| 8.22 | 9.73 |
| 8.88 | 10.00 |
| 8.95 | 10.01 |
| 9.51 | 11.06 |
| 10.03 | 11.24 |
| 10.19 | 11.25 |
| 10.34 | 11.43 |
| 10.35 | 11.70 |
| 11.15 | 13.00 |
| 11.50 | 13.45 |
| 11.70 | 13.80 |
LZRFY Technical Analysis: SMA, RSI, MACD
Upon reviewing the LZRFY chart, buy and sell signals have been generated in the Localiza Rent a 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 LZRFY stock are as follows:- The technical analysis for Localiza Rent a 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 Localiza Rent a stock: Click here to read more predictions on Allegion plc stock.
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