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WOPEF Stock Forecast & Woodside Energy Group Chart Analysis

This article provides a detailed analysis of WOPEF-Woodside Energy Group stock including a forecast for WOPEF shares. It features Woodside Energy Group Ltd 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.

WOPEF Historical Data Review

WOPEF Current Price Performance Analysis

The Woodside Energy Group - WOPEF stock traded on the American stock market, on 06-05-2024, closed at 18.1$ with a %-1.58 decreased compared to the previous day.

In the last month, the price of WOPEF changed by %-2.00 decreased in value, from 18.47 dollars on 05-06-2024 to 18.1 dollars, decreased.

Last year, the price of WOPEF was 22.62 dollars on 06-06-2023, and changed by %-19.98 decreased in value, to 18.1 dollars decreased within a year.

The price of Woodside Energy Group 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.

WOPEF with AI Stock Forecast & Price Target

WOPEF stock forecast Woodside Energy Group price target

On the WOPEF chart Woodside Energy Group price was recorded as 18.1 Dollars on 06/05/2024.

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

The artificial intelligence's prediction error margin for WOPEF 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 Woodside Energy Group stock over the next 4 months is: 12.3 Dollars.

The commentary on WOPEF stock Target Price: Highest: 17.765 Dollars is predicted.

The commentary on WOPEF stock Target Price: Lowest: 9.738 Dollars is predicted.

Resistance Price where Woodside Energy Group stock will Rise and Fall:

Date Price Prediction
08-29-2024 12.903
01-06-2025 11.750
01-21-2025 11.763

Support Price where Woodside Energy Group stock will Fall and Rise:

Date Price Prediction
08-14-2024 12.709
11-27-2024 11.470
01-16-2025 11.746

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

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

The target price for Woodside Energy Group stock by the end of 2024 is predicted to be 11.68 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on WOPEF stock, and the 2024 target price predictions for Woodside Energy Group are detailed above.

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

WOPEF Support & Resistance and Trend Analysis

WOPEF review Woodside Energy Group technical analysis trend chart WOPEF priceWOPEF stock support and resistance price chart

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

WOPEF : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the WOPEF review, the Woodside Energy 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.

Woodside Energy Group Support and Resistance Prices:

WOPEF Support Level Price WOPEF Resistance Level Price
17.13 18.85
17.80 18.96
18.34 18.99
18.78 19.15
19.13 20.23
19.20 21.35
19.29 21.48
19.43 21.57
19.53 21.63
21.79
22.08
23.89

WOPEF Technical Analysis: SMA, RSI, MACD

WOPEF review Woodside Energy Group SMA chart analysis WOPEF priceWOPEF buy or sell review Woodside Energy Group MACD chart analysis WOPEF price

Upon reviewing the WOPEF chart, buy and sell signals have been generated in the Woodside Energy 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 WOPEF stock are as follows:
  1. WOPEF technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
  2. The technical analysis for Woodside Energy Group gave a 'Buy' signal when the RSI was at 22.136, with the current RSI value at 46.429.
  3. The technical analysis for WOPEF indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
  4. The technical analysis for Woodside Energy Group issued a 'Buy' signal when the MACD was at -0.351, with the current MACD value being: -0.133

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 Woodside Energy Group stock: Click here to read more predictions on Compagnie de Saint-Gobain stock.

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