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WBA Stock Forecast & Walgreens Boots Alliance Chart Analysis

This article provides a detailed analysis of WBA-Walgreens Boots Alliance stock including a forecast for WBA shares. It features Walgreens Boots Alliance, Inc. 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.

WBA Historical Data Review

WBA Current Price Performance Analysis

The Walgreens Boots Alliance - WBA stock traded on the American stock market, on 06-05-2024, closed at 15.94$ with a %-1.06 decreased compared to the previous day.

In the last month, the price of WBA changed by %-7.65 decreased in value, from 17.26 dollars on 05-06-2024 to 15.94 dollars, decreased.

Last year, the price of WBA was 31.53 dollars on 06-06-2023, and changed by %-49.44 decreased in value, to 15.94 dollars decreased within a year.

The price of Walgreens Boots Alliance 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.

WBA with AI Stock Forecast & Price Target

WBA stock forecast Walgreens Boots Alliance price target

On the WBA chart Walgreens Boots Alliance price was recorded as 15.94 Dollars on 06/05/2024.

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

The artificial intelligence's prediction error margin for WBA stock is 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 Walgreens Boots Alliance stock over the next 4 months is: 6.1 Dollars.

The commentary on WBA stock Target Price: Highest: 15.115 Dollars is predicted.

The commentary on WBA stock Target Price: Lowest: -1.581 Dollars is predicted.

The commentary on WBA stock: The target price can generally be said to be on the decline.

The target price for Walgreens Boots Alliance stock by the end of 2024 is predicted to be 3.68 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on WBA stock, and the 2024 target price predictions for Walgreens Boots Alliance are detailed above.

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

WBA Support & Resistance and Trend Analysis

WBA review Walgreens Boots Alliance technical analysis trend chart WBA priceWBA stock support and resistance price chart

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

WBA : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the WBA review, the Walgreens Boots Alliance 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.

Walgreens Boots Alliance Support and Resistance Prices:

WBA Support Level Price WBA Resistance Level Price
14.62 16.34
17.12 18.46
17.25 18.83
17.49 21.80
18.49 22.05
19.50 22.07
19.68 22.22
20.00 22.55
20.42 23.77
20.91 25.87
21.34 27.05
21.58

WBA Technical Analysis: SMA, RSI, MACD

WBA review Walgreens Boots Alliance SMA chart analysis WBA priceWBA buy or sell review Walgreens Boots Alliance MACD chart analysis WBA price

Upon reviewing the WBA chart, buy and sell signals have been generated in the Walgreens Boots Alliance 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 WBA stock are as follows:
  1. The technical analysis for Walgreens Boots Alliance 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 Walgreens Boots Alliance stock: Click here to read more predictions on Endesa stock.

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