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Takip Edin: @UscMarketsSCGLY Stock Forecast & Société Générale Société Chart Analysis
This article provides a detailed analysis of SCGLY-Société Générale Société stock including a forecast for SCGLY shares. It features Société Générale Société anonyme 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.
SCGLY Historical Data Review
SCGLY Current Price Performance Analysis
The Société Générale Société - SCGLY stock traded on the American stock market, on 06-05-2024, closed at 5.73$ with a %-1.38 decreased compared to the previous day.
In the last month, the price of SCGLY changed by %8.52 increased in value, from 5.28 dollars on 05-06-2024 to 5.73 dollars, increased.
Last year, the price of SCGLY was 4.91 dollars on 06-06-2023, and changed by %16.70 increased in value, to 5.73 dollars increased within a year.
The price of Société Générale Société 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.
SCGLY with AI Stock Forecast & Price Target
On the SCGLY chart Société Générale Société price was recorded as 5.73 Dollars on 06/05/2024.
The artificial intelligence's forecast on SCGLY stock is as follows.
The artificial intelligence's prediction error margin for SCGLY 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 Société Générale Société stock over the next 4 months is: 5.5 Dollars.
The commentary on SCGLY stock Target Price: Highest: 6.255 Dollars is predicted.
The commentary on SCGLY stock Target Price: Lowest: 4.991 Dollars is predicted.
Resistance Price where Société Générale Société stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 06-25-2024 | 5.869 |
| 10-08-2024 | 5.427 |
| 12-17-2024 | 6.255 |
Support Price where Société Générale Société stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 09-03-2024 | 5.097 |
| 10-28-2024 | 5.374 |
| 03-17-2025 | 4.991 |
The commentary on SCGLY stock: The target price can generally be said to be on the decline.
The commentary on SCGLY stock: Fluctuations in the target price can be expected in the coming days.
The target price for Société Générale Société stock by the end of 2024 is predicted to be 6.221 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on SCGLY stock, and the 2024 target price predictions for Société Générale Société are detailed above.
The technical analysis and charts for the commentary on SCGLY stock are below.
SCGLY Support & Resistance and Trend Analysis
SCGLY stock you have reviewed the technical analysis support resistance charts regarding.
SCGLY : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the SCGLY review, the Société Générale Société 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.
Société Générale Société Support and Resistance Prices:
| SCGLY Support Level Price | SCGLY Resistance Level Price |
|---|---|
| 4.62 | 5.27 |
| 4.97 | 5.47 |
| 5.16 | 5.49 |
| 5.18 | 5.65 |
| 5.19 | 6.11 |
| 5.23 | |
| 5.79 |
SCGLY Technical Analysis: SMA, RSI, MACD
Upon reviewing the SCGLY chart, buy and sell signals have been generated in the Société Générale Société 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 SCGLY stock are as follows:- The technical analysis for SCGLY indicates that the 14-period RSI has most recently generated a 'Sell' signal.
- The technical analysis for Société Générale Société 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 Société Générale Société stock: Click here to read more predictions on Sompo Holdings stock.
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