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Takip Edin: @UscMarketsMGDDY Stock Forecast & Compagnie Générale des Chart Analysis
This article provides a detailed analysis of MGDDY-Compagnie Générale des stock including a forecast for MGDDY shares. It features Compagnie Générale des Établissements Michelin Société en commandite par actions 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.
MGDDY Historical Data Review
MGDDY Current Price Performance Analysis
The Compagnie Générale des - MGDDY stock traded on the American stock market, on 06-05-2024, closed at 20.21$ with a %0.50 increased compared to the previous day.
In the last month, the price of MGDDY changed by %2.17 increased in value, from 19.78 dollars on 05-06-2024 to 20.21 dollars, increased.
Last year, the price of MGDDY was 14.58 dollars on 06-06-2023, and changed by %38.61 increased in value, to 20.21 dollars increased within a year.
The price of Compagnie Générale des 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.
MGDDY with AI Stock Forecast & Price Target
On the MGDDY chart Compagnie Générale des price was recorded as 20.21 Dollars on 06/05/2024.
The artificial intelligence's forecast on MGDDY stock is as follows.
The artificial intelligence's prediction error margin for MGDDY 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 Compagnie Générale des stock over the next 4 months is: 20.1 Dollars.
The commentary on MGDDY stock Target Price: Highest: 21.248 Dollars is predicted.
The commentary on MGDDY stock Target Price: Lowest: 19.043 Dollars is predicted.
Resistance Price where Compagnie Générale des stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 06-25-2024 | 20.798 |
| 10-03-2024 | 20.048 |
| 12-17-2024 | 21.248 |
Support Price where Compagnie Générale des stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 08-29-2024 | 19.291 |
| 11-07-2024 | 19.608 |
| 01-31-2025 | 19.043 |
The commentary on MGDDY stock: Fluctuations in the target price can be expected in the coming days.
The target price for Compagnie Générale des stock by the end of 2024 is predicted to be 21.003 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on MGDDY stock, and the 2024 target price predictions for Compagnie Générale des are detailed above.
The technical analysis and charts for the commentary on MGDDY stock are below.
MGDDY Support & Resistance and Trend Analysis
MGDDY stock you have reviewed the technical analysis support resistance charts regarding.
MGDDY : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the MGDDY review, the Compagnie Générale des 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.
Compagnie Générale des Support and Resistance Prices:
| MGDDY Support Level Price | MGDDY Resistance Level Price |
|---|---|
| 16.28 | 17.96 |
| 16.34 | 19.09 |
| 18.23 | 19.30 |
| 18.28 | 19.75 |
| 19.47 | 20.30 |
MGDDY Technical Analysis: SMA, RSI, MACD
Upon reviewing the MGDDY chart, buy and sell signals have been generated in the Compagnie Générale des 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 MGDDY stock are as follows:- The technical analysis for MGDDY indicates that the 14-period RSI has most recently generated a 'Sell' signal.
- The technical analysis for MGDDY indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
- The technical analysis for Compagnie Générale des issued a 'Buy' signal when the MACD was at 0.189, with the current MACD value being: 0.189
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 Compagnie Générale des stock: Click here to read more predictions on Hormel Foods Corporation stock.
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