RTO Stock Forecast & Rentokil Initial plc Chart Analysis
This article provides a detailed analysis of RTO-Rentokil Initial plc stock including a forecast for RTO shares. It features Rentokil Initial 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
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RTO Historical Data Review
RTO Current Price Performance Analysis
The Rentokil Initial plc - RTO stock traded on the American stock market, on 06-05-2024, closed at 28.4$ with a %2.82 increased compared to the previous day.
In the last month, the price of RTO changed by %9.10 increased in value, from 26.03 dollars on 05-06-2024 to 28.4 dollars, increased.
Last year, the price of RTO was 40.85 dollars on 06-06-2023, and changed by %-30.48 decreased in value, to 28.4 dollars decreased within a year.
The price of Rentokil Initial plc 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.
RTO with AI Stock Forecast & Price Target
On the RTO chart Rentokil Initial plc price was recorded as 28.4 Dollars on 06/05/2024.
The artificial intelligence's forecast on RTO stock is as follows.
The artificial intelligence's prediction error margin for RTO 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 Rentokil Initial plc stock over the next 4 months is: 26.5 Dollars.
The commentary on RTO stock Target Price: Highest: 29.271 Dollars is predicted.
The commentary on RTO stock Target Price: Lowest: 20.479 Dollars is predicted.
Resistance Price where Rentokil Initial plc stock will Rise and Fall:
Date | Price Prediction |
---|---|
06-25-2024 | 27.773 |
10-08-2024 | 29.271 |
02-20-2025 | 25.217 |
Support Price where Rentokil Initial plc stock will Fall and Rise:
Date | Price Prediction |
---|---|
07-30-2024 | 25.62 |
02-05-2025 | 25.00 |
The commentary on RTO stock: The target price can generally be said to be on the decline.
The commentary on RTO stock: Fluctuations in the target price can be expected in the coming days.
The target price for Rentokil Initial plc stock by the end of 2024 is predicted to be 27.404 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on RTO stock, and the 2024 target price predictions for Rentokil Initial plc are detailed above.
The technical analysis and charts for the commentary on RTO stock are below.
RTO Support & Resistance and Trend Analysis
RTO stock you have reviewed the technical analysis support resistance charts regarding.
RTO : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the RTO review, the Rentokil Initial plc 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.
Rentokil Initial plc Support and Resistance Prices:
RTO Support Level Price | RTO Resistance Level Price |
---|---|
25.01 | 26.73 |
25.04 | 26.96 |
25.22 | 27.92 |
25.34 | 27.93 |
25.75 | 28.74 |
25.83 | 29.26 |
26.88 | 30.62 |
28.13 | 33.14 |
RTO Technical Analysis: SMA, RSI, MACD
Upon reviewing the RTO chart, buy and sell signals have been generated in the Rentokil Initial plc 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 RTO stock are as follows:- RTO technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for Rentokil Initial plc gave a 'Buy' signal when the RSI was at 29.877, with the current RSI value at 54.905.
- The technical analysis for RTO indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
- The technical analysis for Rentokil Initial plc issued a 'Buy' signal when the MACD was at -0.263, with the current MACD value being: 0.064
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.
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