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Takip Edin: @UscMarketsTRAUF Stock Forecast & Transurban Group Chart Analysis
This article provides a detailed analysis of TRAUF-Transurban Group stock including a forecast for TRAUF shares. It features Transurban Group 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.
TRAUF Historical Data Review
TRAUF Current Price Performance Analysis
The Transurban Group - TRAUF stock traded on the American stock market, on 06-05-2024, closed at 8.52$ with no change compared to the previous day.
In the last month, the price of TRAUF changed by %4.67 increased in value, from 8.14 dollars on 05-06-2024 to 8.52 dollars, increased.
Last year, the price of TRAUF was 9.58 dollars on 06-06-2023, and changed by %-11.06 decreased in value, to 8.52 dollars decreased within a year.
The price of Transurban Group 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.
TRAUF with AI Stock Forecast & Price Target
On the TRAUF chart Transurban Group price was recorded as 8.52 Dollars on 06/05/2024.
The artificial intelligence's forecast on TRAUF stock is as follows.
The artificial intelligence's prediction error margin for TRAUF 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 Transurban Group stock over the next 4 months is: 7.0 Dollars.
The commentary on TRAUF stock Target Price: Highest: 8.233 Dollars is predicted.
The commentary on TRAUF stock Target Price: Lowest: 6.403 Dollars is predicted.
Resistance Price where Transurban Group stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 10-08-2024 | 7.528 |
| 02-25-2025 | 6.477 |
Support Price where Transurban Group stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 08-29-2024 | 7.119 |
| 02-20-2025 | 6.471 |
| 04-01-2025 | 6.403 |
The commentary on TRAUF stock: The target price can generally be said to be on the decline.
The commentary on TRAUF stock: Fluctuations in the target price can be expected in the coming days.
The target price for Transurban Group stock by the end of 2024 is predicted to be 6.686 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on TRAUF stock, and the 2024 target price predictions for Transurban Group are detailed above.
The technical analysis and charts for the commentary on TRAUF stock are below.
TRAUF Support & Resistance and Trend Analysis
TRAUF stock you have reviewed the technical analysis support resistance charts regarding.
TRAUF : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the TRAUF review, the Transurban Group 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.
Transurban Group Support and Resistance Prices:
| TRAUF Support Level Price | TRAUF Resistance Level Price |
|---|---|
| 7.83 | 8.41 |
| 7.89 | 8.42 |
| 7.92 | 8.47 |
| 7.95 | 8.62 |
| 8.08 | 8.87 |
| 8.20 | 8.90 |
| 8.24 | 8.99 |
| 8.35 | 9.03 |
| 9.09 | 9.06 |
| 9.56 | |
| 9.67 |
TRAUF Technical Analysis: SMA, RSI, MACD
Upon reviewing the TRAUF chart, buy and sell signals have been generated in the Transurban Group 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 TRAUF stock are as follows:- The technical analysis for TRAUF indicates that the 14-period RSI has most recently generated a 'Sell' signal.
- The technical analysis for TRAUF indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
- The technical analysis for Transurban Group issued a 'Buy' signal when the MACD was at -0.017, with the current MACD value being: 0.009
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 Transurban Group stock: Click here to read more predictions on Vestas Wind Systems stock.
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