WES Stock Forecast & Western Midstream Partners Chart Analysis
This article provides a detailed analysis of WES-Western Midstream Partners stock including a forecast for WES shares. It features Western Midstream Partners, LP 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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WES Historical Data Review
WES Current Price Performance Analysis
The Western Midstream Partners - WES stock traded on the American stock market, on 06-05-2024, closed at 37.44$ with a %1.24 increased compared to the previous day.
In the last month, the price of WES changed by %5.05 increased in value, from 35.64 dollars on 05-06-2024 to 37.44 dollars, increased.
Last year, the price of WES was 26.17 dollars on 06-06-2023, and changed by %43.06 increased in value, to 37.44 dollars increased within a year.
The price of Western Midstream Partners 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.
WES with AI Stock Forecast & Price Target
On the WES chart Western Midstream Partners price was recorded as 37.44 Dollars on 06/05/2024.
The artificial intelligence's forecast on WES stock is as follows.
The artificial intelligence's prediction error margin for WES 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 Western Midstream Partners stock over the next 4 months is: 33.2 Dollars.
The commentary on WES stock Target Price: Highest: 36.642 Dollars is predicted.
The commentary on WES stock Target Price: Lowest: 31.305 Dollars is predicted.
Resistance Price where Western Midstream Partners stock will Rise and Fall:
Date | Price Prediction |
---|---|
09-23-2024 | 33.638 |
01-01-2025 | 35.194 |
Support Price where Western Midstream Partners stock will Fall and Rise:
Date | Price Prediction |
---|---|
08-14-2024 | 31.305 |
10-28-2024 | 31.593 |
02-10-2025 | 32.563 |
The commentary on WES stock: Fluctuations in the target price can be expected in the coming days.
The target price for Western Midstream Partners stock by the end of 2024 is predicted to be 35.174 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on WES stock, and the 2024 target price predictions for Western Midstream Partners are detailed above.
The technical analysis and charts for the commentary on WES stock are below.
WES Support & Resistance and Trend Analysis
WES stock you have reviewed the technical analysis support resistance charts regarding.
WES : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the WES review, the Western Midstream Partners 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.
Western Midstream Partners Support and Resistance Prices:
WES Support Level Price | WES Resistance Level Price |
---|---|
26.81 | 28.87 |
27.11 | 29.27 |
27.44 | 29.46 |
27.49 | 30.05 |
27.84 | 30.20 |
33.39 | 35.13 |
33.64 | 35.14 |
34.05 | 36.67 |
36.07 | 36.79 |
38.79 |
WES Technical Analysis: SMA, RSI, MACD
Upon reviewing the WES chart, buy and sell signals have been generated in the Western Midstream Partners 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 WES stock are as follows:- The technical analysis for Western Midstream Partners 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.
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