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RBGLY Stock Forecast & Reckitt Benckiser Group Chart Analysis

This article provides a detailed analysis of RBGLY-Reckitt Benckiser Group stock including a forecast for RBGLY shares. It features Reckitt Benckiser Group plc 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.

RBGLY Historical Data Review

RBGLY Current Price Performance Analysis

The Reckitt Benckiser Group - RBGLY stock traded on the American stock market, on 06-05-2024, closed at 11.65$ with a %-0.09 decreased compared to the previous day.

In the last month, the price of RBGLY changed by %2.55 increased in value, from 11.36 dollars on 05-06-2024 to 11.65 dollars, increased.

Last year, the price of RBGLY was 15.88 dollars on 06-06-2023, and changed by %-26.64 decreased in value, to 11.65 dollars decreased within a year.

The price of Reckitt Benckiser Group 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.

RBGLY with AI Stock Forecast & Price Target

RBGLY stock forecast Reckitt Benckiser Group price target

On the RBGLY chart Reckitt Benckiser Group price was recorded as 11.65 Dollars on 06/05/2024.

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

The artificial intelligence's prediction error margin for RBGLY 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 Reckitt Benckiser Group stock over the next 4 months is: 8.8 Dollars.

The commentary on RBGLY stock Target Price: Highest: 11.025 Dollars is predicted.

The commentary on RBGLY stock Target Price: Lowest: 7.156 Dollars is predicted.

Resistance Price where Reckitt Benckiser Group stock will Rise and Fall:

Date Price Prediction
08-09-2024 9.225
10-03-2024 9.396
11-22-2024 9.293

Support Price where Reckitt Benckiser Group stock will Fall and Rise:

Date Price Prediction
07-30-2024 9.173
09-03-2024 9.103
10-28-2024 9.140

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

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

The target price for Reckitt Benckiser Group stock by the end of 2024 is predicted to be 8.6 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on RBGLY stock, and the 2024 target price predictions for Reckitt Benckiser Group are detailed above.

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

RBGLY Support & Resistance and Trend Analysis

RBGLY review Reckitt Benckiser Group technical analysis trend chart RBGLY priceRBGLY stock support and resistance price chart

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

RBGLY : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the RBGLY review, the Reckitt Benckiser Group 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.

Reckitt Benckiser Group Support and Resistance Prices:

RBGLY Support Level Price RBGLY Resistance Level Price
10.24 11.50
10.39 11.79
10.53 13.46
10.66 13.73
10.97 13.85
13.23 14.08
13.24 14.53
13.34 14.84
13.51 15.03
14.02
14.29

RBGLY Technical Analysis: SMA, RSI, MACD

RBGLY review Reckitt Benckiser Group SMA chart analysis RBGLY priceRBGLY buy or sell review Reckitt Benckiser Group MACD chart analysis RBGLY price

Upon reviewing the RBGLY chart, buy and sell signals have been generated in the Reckitt Benckiser Group 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 RBGLY stock are as follows:
  1. The technical analysis for RBGLY indicates that the 14-period RSI has most recently generated a 'Sell' signal.
  2. The technical analysis for RBGLY indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
  3. The technical analysis for Reckitt Benckiser Group issued a 'Buy' signal when the MACD was at 0.048, with the current MACD value being: 0.061

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 Reckitt Benckiser Group stock: Click here to read more predictions on Simon Property Group stock.

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