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Takip Edin: @UscMarketsSBS Stock Forecast & Companhia de Saneamento Chart Analysis
This article provides a detailed analysis of SBS-Companhia de Saneamento stock including a forecast for SBS shares. It features Companhia de Saneamento Básico do Estado de São Paulo - SABESP 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.
SBS Historical Data Review
SBS Current Price Performance Analysis
The Companhia de Saneamento - SBS stock traded on the American stock market, on 06-05-2024, closed at 14.74$ with a %4.54 increased compared to the previous day.
In the last month, the price of SBS changed by %-6.23 decreased in value, from 15.72 dollars on 05-06-2024 to 14.74 dollars, decreased.
Last year, the price of SBS was 10.95 dollars on 06-06-2023, and changed by %34.61 increased in value, to 14.74 dollars increased within a year.
The price of Companhia de Saneamento 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.
SBS with AI Stock Forecast & Price Target
On the SBS chart Companhia de Saneamento price was recorded as 14.74 Dollars on 06/05/2024.
The artificial intelligence's forecast on SBS stock is as follows.
The artificial intelligence's prediction error margin for SBS 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 Companhia de Saneamento stock over the next 4 months is: 15.6 Dollars.
The commentary on SBS stock Target Price: Highest: 18.349 Dollars is predicted.
The commentary on SBS stock Target Price: Lowest: 12.554 Dollars is predicted.
Resistance Price where Companhia de Saneamento stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 06-20-2024 | 17.051 |
| 12-02-2024 | 16.595 |
| 02-25-2025 | 17.602 |
Support Price where Companhia de Saneamento stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 08-09-2024 | 12.554 |
| 01-01-2025 | 15.712 |
| 03-27-2025 | 17.266 |
The commentary on SBS stock: The target price can generally be said to be on the rise.
The commentary on SBS stock: Fluctuations in the target price can be expected in the coming days.
The target price for Companhia de Saneamento stock by the end of 2024 is predicted to be 15.777 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on SBS stock, and the 2024 target price predictions for Companhia de Saneamento are detailed above.
The technical analysis and charts for the commentary on SBS stock are below.
SBS Support & Resistance and Trend Analysis
SBS stock you have reviewed the technical analysis support resistance charts regarding.
SBS : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the SBS review, the Companhia de Saneamento 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.
Companhia de Saneamento Support and Resistance Prices:
| SBS Support Level Price | SBS Resistance Level Price |
|---|---|
| 13.51 | 14.77 |
| 13.56 | 15.22 |
| 13.87 | 15.96 |
| 14.54 | 16.17 |
| 14.94 | 16.26 |
| 15.03 | 16.66 |
| 15.05 | 16.68 |
| 15.19 | |
| 15.51 |
SBS Technical Analysis: SMA, RSI, MACD
Upon reviewing the SBS chart, buy and sell signals have been generated in the Companhia de Saneamento 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 SBS stock are as follows:- SBS technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for Companhia de Saneamento gave a 'Buy' signal when the RSI was at 29.911, with the current RSI value at 38.662.
- The technical analysis for Companhia de Saneamento 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 Companhia de Saneamento stock: Click here to read more predictions on Vivendi SE stock.
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