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Takip Edin: @UscMarketsWEGZY Stock Forecast & WEG S.A. Chart Analysis
This article provides a detailed analysis of WEGZY-WEG S.A. stock including a forecast for WEGZY shares. It features WEG S.A. 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.
WEGZY Historical Data Review
WEGZY Current Price Performance Analysis
The WEG S.A. - WEGZY stock traded on the American stock market, on 06-05-2024, closed at 7.12$ with a %-2.47 decreased compared to the previous day.
In the last month, the price of WEGZY changed by %-7.29 decreased in value, from 7.68 dollars on 05-06-2024 to 7.12 dollars, decreased.
Last year, the price of WEGZY was 7.89 dollars on 06-06-2023, and changed by %-9.76 decreased in value, to 7.12 dollars decreased within a year.
The price of WEG S.A. 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.
WEGZY with AI Stock Forecast & Price Target
On the WEGZY chart WEG S.A. price was recorded as 7.12 Dollars on 06/05/2024.
The artificial intelligence's forecast on WEGZY stock is as follows.
The artificial intelligence's prediction error margin for WEGZY 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 WEG S.A. stock over the next 4 months is: 7.2 Dollars.
The commentary on WEGZY stock Target Price: Highest: 7.868 Dollars is predicted.
The commentary on WEGZY stock Target Price: Lowest: 6.714 Dollars is predicted.
Resistance Price where WEG S.A. stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 06-20-2024 | 7.868 |
| 08-19-2024 | 7.551 |
| 10-08-2024 | 7.225 |
| 12-27-2024 | 7.226 |
| 03-17-2025 | 7.236 |
Support Price where WEG S.A. stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 07-25-2024 | 7.339 |
| 09-23-2024 | 7.210 |
| 11-12-2024 | 6.960 |
| 02-05-2025 | 6.949 |
The commentary on WEGZY stock: The target price can generally be said to be on the decline.
The commentary on WEGZY stock: Fluctuations in the target price can be expected in the coming days.
The target price for WEG S.A. stock by the end of 2024 is predicted to be 7.226 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on WEGZY stock, and the 2024 target price predictions for WEG S.A. are detailed above.
The technical analysis and charts for the commentary on WEGZY stock are below.
WEGZY Support & Resistance and Trend Analysis
WEGZY stock you have reviewed the technical analysis support resistance charts regarding.
WEGZY : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the WEGZY review, the WEG S.A. 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.
WEG S.A. Support and Resistance Prices:
| WEGZY Support Level Price | WEGZY Resistance Level Price |
|---|---|
| 6.31 | 7.45 |
| 6.58 | 7.70 |
| 7.03 | 7.80 |
| 7.05 | 7.94 |
| 7.37 | 7.99 |
| 7.47 | 8.85 |
| 9.00 |
WEGZY Technical Analysis: SMA, RSI, MACD
Upon reviewing the WEGZY chart, buy and sell signals have been generated in the WEG S.A. 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 WEGZY stock are as follows:- WEGZY technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for WEG S.A. gave a 'Buy' signal when the RSI was at 27.619, with the current RSI value at 24.576.
- The technical analysis for WEG S.A. 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 WEG S.A. stock: Click here to read more predictions on Koninklijke Ahold Delhaize stock.
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