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WPP Stock Forecast & WPP plc Chart Analysis

This article provides a detailed analysis of WPP-WPP plc stock including a forecast for WPP shares. It features WPP plc 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.

WPP Historical Data Review

WPP Current Price Performance Analysis

The WPP plc - WPP stock traded on the American stock market, on 06-05-2024, closed at 51.54$ with a %-0.69 decreased compared to the previous day.

In the last month, the price of WPP changed by %0.66 increased in value, from 51.2 dollars on 05-06-2024 to 51.54 dollars, increased.

Last year, the price of WPP was 55.25 dollars on 06-06-2023, and changed by %-6.71 decreased in value, to 51.54 dollars decreased within a year.

The price of WPP plc 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.

WPP with AI Stock Forecast & Price Target

WPP stock forecast WPP plc price target

On the WPP chart WPP plc price was recorded as 51.54 Dollars on 06/05/2024.

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

The artificial intelligence's prediction error margin for WPP 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 WPP plc stock over the next 4 months is: 38.4 Dollars.

The commentary on WPP stock Target Price: Highest: 47.719 Dollars is predicted.

The commentary on WPP stock Target Price: Lowest: 31.385 Dollars is predicted.

Resistance Price where WPP plc stock will Rise and Fall:

Date Price Prediction
10-03-2024 41.511
12-12-2024 39.408
02-25-2025 32.070
04-11-2025 31.502

Support Price where WPP plc stock will Fall and Rise:

Date Price Prediction
09-03-2024 40.803
11-12-2024 38.292
02-20-2025 32.065
04-01-2025 31.458

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

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

The target price for WPP plc stock by the end of 2024 is predicted to be 37.854 Dollars.

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

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

WPP Support & Resistance and Trend Analysis

WPP review WPP plc technical analysis trend chart WPP priceWPP stock support and resistance price chart

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

WPP : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the WPP review, the WPP plc 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.

WPP plc Support and Resistance Prices:

WPP Support Level Price WPP Resistance Level Price
42.49 46.27
44.33 47.17
44.81 48.41
45.45 49.99
45.86 50.76
47.23 53.20
51.20 54.21

WPP Technical Analysis: SMA, RSI, MACD

WPP review WPP plc SMA chart analysis WPP priceWPP buy or sell review WPP plc MACD chart analysis WPP price

Upon reviewing the WPP chart, buy and sell signals have been generated in the WPP plc 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 WPP stock are as follows:
  1. The technical analysis for WPP indicates that the 14-period RSI has most recently generated a 'Sell' signal.
  2. The technical analysis for WPP plc 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.