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SGSOF Stock Forecast & SGS SA Chart Analysis

This article provides a detailed analysis of SGSOF-SGS SA stock including a forecast for SGSOF shares. It features SGS 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

Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.

SGSOF Historical Data Review

SGSOF Current Price Performance Analysis

The SGS SA - SGSOF stock traded on the American stock market, on 06-05-2024, closed at 93.0$ with no change compared to the previous day.

In the last month, the price of SGSOF changed by %3.69 increased in value, from 89.69 dollars on 05-06-2024 to 93.0 dollars, increased.

Last year, the price of SGSOF was 93.13 dollars on 06-06-2023, and changed by %-0.14 decreased in value, to 93.0 dollars decreased within a year.

The price of SGS SA 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.

SGSOF with AI Stock Forecast & Price Target

SGSOF stock forecast SGS SA price target

On the SGSOF chart SGS SA price was recorded as 93.0 Dollars on 06/05/2024.

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

The artificial intelligence's prediction error margin for SGSOF 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 SGS SA stock over the next 4 months is: 91.9 Dollars.

The commentary on SGSOF stock Target Price: Highest: 99.184 Dollars is predicted.

The commentary on SGSOF stock Target Price: Lowest: 85.858 Dollars is predicted.

Resistance Price where SGS SA stock will Rise and Fall:

Date Price Prediction
07-25-2024 92.829
11-27-2024 99.184
02-05-2025 93.352

Support Price where SGS SA stock will Fall and Rise:

Date Price Prediction
07-05-2024 92.490
09-23-2024 89.306
01-06-2025 91.735
03-17-2025 85.858

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

The target price for SGS SA stock by the end of 2024 is predicted to be 92.806 Dollars.

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

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

SGSOF Support & Resistance and Trend Analysis

SGSOF review SGS SA technical analysis trend chart SGSOF priceSGSOF stock support and resistance price chart

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

SGSOF : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the SGSOF review, the SGS 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.

SGS SA Support and Resistance Prices:

SGSOF Support Level Price SGSOF Resistance Level Price
80.97 83.35
81.29 84.00
81.90 84.77
88.52 85.00
89.58 86.63
91.33 90.40
95.96
96.96
97.41

SGSOF Technical Analysis: SMA, RSI, MACD

SGSOF review SGS SA SMA chart analysis SGSOF priceSGSOF buy or sell review SGS SA MACD chart analysis SGSOF price

Upon reviewing the SGSOF chart, buy and sell signals have been generated in the SGS 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 SGSOF stock are as follows:
  1. The technical analysis for SGSOF indicates that the 14-period RSI has most recently generated a 'Sell' signal.
  2. The technical analysis for SGSOF indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
  3. The technical analysis for SGS SA issued a 'Buy' signal when the MACD was at -1.047, with the current MACD value being: 0.652

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.