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WFAFF Stock Forecast & Wesfarmers Limited Chart Analysis

This article provides a detailed analysis of WFAFF-Wesfarmers Limited stock including a forecast for WFAFF shares. It features Wesfarmers 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

Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.

WFAFF Historical Data Review

WFAFF Current Price Performance Analysis

The Wesfarmers Limited - WFAFF stock traded on the American stock market, on 06-05-2024, closed at 45.69$ with no change compared to the previous day.

In the last month, the price of WFAFF changed by %5.91 increased in value, from 43.14 dollars on 05-06-2024 to 45.69 dollars, increased.

Last year, the price of WFAFF was 32.06 dollars on 06-06-2023, and changed by %42.51 increased in value, to 45.69 dollars increased within a year.

The price of Wesfarmers Limited 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.

WFAFF with AI Stock Forecast & Price Target

WFAFF stock forecast Wesfarmers Limited price target

On the WFAFF chart Wesfarmers Limited price was recorded as 45.69 Dollars on 06/05/2024.

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

The artificial intelligence's prediction error margin for WFAFF 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 Wesfarmers Limited stock over the next 4 months is: 48.4 Dollars.

The commentary on WFAFF stock Target Price: Highest: 51.509 Dollars is predicted.

The commentary on WFAFF stock Target Price: Lowest: 45.427 Dollars is predicted.

Resistance Price where Wesfarmers Limited stock will Rise and Fall:

Date Price Prediction
07-15-2024 51.023
11-07-2024 51.509
01-21-2025 46.655
04-11-2025 47.554

Support Price where Wesfarmers Limited stock will Fall and Rise:

Date Price Prediction
08-19-2024 46.896
01-16-2025 46.639
02-25-2025 45.427

The commentary on WFAFF stock: Fluctuations in the target price can be expected in the coming days.

The target price for Wesfarmers Limited stock by the end of 2024 is predicted to be 46.867 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on WFAFF stock, and the 2024 target price predictions for Wesfarmers Limited are detailed above.

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

WFAFF Support & Resistance and Trend Analysis

WFAFF review Wesfarmers Limited technical analysis trend chart WFAFF priceWFAFF stock support and resistance price chart

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

WFAFF : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the WFAFF review, the Wesfarmers 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.

Wesfarmers Limited Support and Resistance Prices:

WFAFF Support Level Price WFAFF Resistance Level Price
36.65 37.75

WFAFF Technical Analysis: SMA, RSI, MACD

WFAFF review Wesfarmers Limited SMA chart analysis WFAFF priceWFAFF buy or sell review Wesfarmers Limited MACD chart analysis WFAFF price

Upon reviewing the WFAFF chart, buy and sell signals have been generated in the Wesfarmers 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 WFAFF stock are as follows:
  1. The technical analysis for Wesfarmers Limited 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 Wesfarmers Limited stock: Click here to read more predictions on AutoZone stock.

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