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Takip Edin: @UscMarketsTLGPY Stock Forecast & Telstra Group Limited Chart Analysis
This article provides a detailed analysis of TLGPY-Telstra Group Limited stock including a forecast for TLGPY shares. It features Telstra Group Limited 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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TLGPY Historical Data Review
TLGPY Current Price Performance Analysis
The Telstra Group Limited - TLGPY stock traded on the American stock market, on 06-05-2024, closed at 11.74$ with a %2.09 increased compared to the previous day.
In the last month, the price of TLGPY changed by %-0.93 decreased in value, from 11.85 dollars on 05-06-2024 to 11.74 dollars, decreased.
Last year, the price of TLGPY was 14.26 dollars on 06-06-2023, and changed by %-17.67 decreased in value, to 11.74 dollars decreased within a year.
The price of Telstra Group Limited 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.
TLGPY with AI Stock Forecast & Price Target
On the TLGPY chart Telstra Group Limited price was recorded as 11.74 Dollars on 06/05/2024.
The artificial intelligence's forecast on TLGPY stock is as follows.
The artificial intelligence's prediction error margin for TLGPY 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 Telstra Group Limited stock over the next 4 months is: 10.4 Dollars.
The commentary on TLGPY stock Target Price: Highest: 12.122 Dollars is predicted.
The commentary on TLGPY stock Target Price: Lowest: 9.02 Dollars is predicted.
Resistance Price where Telstra Group Limited stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 09-23-2024 | 10.858 |
| 11-22-2024 | 10.899 |
Support Price where Telstra Group Limited stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 09-03-2024 | 10.702 |
| 10-23-2024 | 10.688 |
| 03-27-2025 | 9.020 |
The commentary on TLGPY stock: The target price can generally be said to be on the decline.
The commentary on TLGPY stock: Fluctuations in the target price can be expected in the coming days.
The target price for Telstra Group Limited stock by the end of 2024 is predicted to be 10.027 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on TLGPY stock, and the 2024 target price predictions for Telstra Group Limited are detailed above.
The technical analysis and charts for the commentary on TLGPY stock are below.
TLGPY Support & Resistance and Trend Analysis
TLGPY stock you have reviewed the technical analysis support resistance charts regarding.
TLGPY : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the TLGPY review, the Telstra Group Limited 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.
Telstra Group Limited Support and Resistance Prices:
| TLGPY Support Level Price | TLGPY Resistance Level Price |
|---|---|
| 11.19 | 12.28 |
| 11.43 | 12.69 |
| 11.60 | 12.85 |
| 11.90 | 12.95 |
| 11.98 | 12.99 |
| 12.01 | 13.20 |
| 12.19 | 13.45 |
| 12.55 | 13.58 |
| 12.62 | 13.77 |
TLGPY Technical Analysis: SMA, RSI, MACD
Upon reviewing the TLGPY chart, buy and sell signals have been generated in the Telstra Group Limited 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 TLGPY stock are as follows:- The technical analysis for TLGPY indicates that the 14-period RSI has most recently generated a 'Sell' signal.
- The technical analysis for TLGPY indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
- The technical analysis for Telstra Group Limited issued a 'Buy' signal when the MACD was at -0.129, with the current MACD value being: -0.129
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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