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PRNDY Stock Forecast & Pernod Ricard SA Chart Analysis

This article provides a detailed analysis of PRNDY-Pernod Ricard SA stock including a forecast for PRNDY shares. It features Pernod Ricard 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

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PRNDY Historical Data Review

PRNDY Current Price Performance Analysis

The Pernod Ricard SA - PRNDY stock traded on the American stock market, on 06-05-2024, closed at 30.25$ with a %-0.03 decreased compared to the previous day.

In the last month, the price of PRNDY changed by %-0.98 decreased in value, from 30.55 dollars on 05-06-2024 to 30.25 dollars, decreased.

Last year, the price of PRNDY was 43.03 dollars on 06-06-2023, and changed by %-29.70 decreased in value, to 30.25 dollars decreased within a year.

The price of Pernod Ricard SA 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.

PRNDY with AI Stock Forecast & Price Target

PRNDY stock forecast Pernod Ricard SA price target

On the PRNDY chart Pernod Ricard SA price was recorded as 30.25 Dollars on 06/05/2024.

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

The artificial intelligence's prediction error margin for PRNDY 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 Pernod Ricard SA stock over the next 4 months is: 25.9 Dollars.

The commentary on PRNDY stock Target Price: Highest: 30.811 Dollars is predicted.

The commentary on PRNDY stock Target Price: Lowest: 19.673 Dollars is predicted.

Resistance Price where Pernod Ricard SA stock will Rise and Fall:

Date Price Prediction
10-03-2024 29.017

Support Price where Pernod Ricard SA stock will Fall and Rise:

Date Price Prediction
07-30-2024 28.136

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

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

The target price for Pernod Ricard SA stock by the end of 2024 is predicted to be 25.123 Dollars.

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

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

PRNDY Support & Resistance and Trend Analysis

PRNDY review Pernod Ricard SA technical analysis trend chart PRNDY pricePRNDY stock support and resistance price chart

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

PRNDY : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the PRNDY review, the Pernod Ricard 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.

Pernod Ricard SA Support and Resistance Prices:

PRNDY Support Level Price PRNDY Resistance Level Price
29.66 31.18
30.05 32.63
30.47 32.72
30.61 33.67
31.64 34.38
31.88 34.75
33.05 34.81
33.56 35.89
34.01 35.97
36.95
37.47

PRNDY Technical Analysis: SMA, RSI, MACD

PRNDY review Pernod Ricard SA SMA chart analysis PRNDY pricePRNDY buy or sell review Pernod Ricard SA MACD chart analysis PRNDY price

Upon reviewing the PRNDY chart, buy and sell signals have been generated in the Pernod Ricard 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 PRNDY stock are as follows:
  1. PRNDY technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
  2. The technical analysis for Pernod Ricard SA gave a 'Buy' signal when the RSI was at 21.957, with the current RSI value at 22.439.
  3. The technical analysis for Pernod Ricard 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.

You have read the comments, technical analyses, target prices, and financial reports for Pernod Ricard SA stock: Click here to read more predictions on PT Bank Mandiri stock.

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