Lyondellbasell Industries stock experienced a decline to 84.96 EUR on October 9, 2024, crossing below the 38-day moving average. The stock has been on a long-term downtrend since August 5, 2024, losing 4.98% of its value during this period. Currently, it is trading at a distance of -4.88% from the 200-day moving average.
The stock is part of the boerse.de Signals Aktien Welt universe, with a model portfolio that has historically gained an average of 26.5% per year since 1999. The latest model portfolio recommendations will be released on Saturday for Monday. Investors can explore the boerse.de Signals Aktien Welt platform by requesting an online access.
Analyzing the trend in Euro for Lyondellbasell Industries, the stock is currently in short-term, medium-term, and long-term downtrends as it crossed below the 20-day moving average recently. While the downtrends in all time horizons are evident, there is still some uncertainty as the stock is only trading 0.31% below the 20-day moving average at 85.23, which was crossed just yesterday.
Looking at the historical highs and lows of Lyondellbasell Industries stock over different time horizons, it is clear that the stock has seen fluctuations in its value. Until a moving average is crossed to the upside, the next target price is set at the 12-month low of 83.22 reached on September 16, 2024, indicating a potential 2.05% downside.
In addition to monitoring individual stock movements, investors can benefit from a comprehensive investment strategy like the one offered by boerse.de. With a proven track record of successful stock recommendations and a range of services, investors can gain insights into global stock opportunities and trends.
For over two decades, the boerse.de Aktienbrief has provided in-depth analysis of the best-performing and safest stocks globally. Investors subscribing to the Aktienbrief receive bi-weekly updates, access to exclusive content, and a complimentary portfolio review annually. This resource serves as a valuable tool for investors seeking long-term growth and stability in their portfolios.
Moreover, investors looking to diversify their portfolios and follow renowned investment strategies can explore options like the Warren Buffett-style company investments available through boerse.de. With digital asset management services and the ability to open a portfolio online within minutes, investors can access a curated selection of 100 champion stocks starting from 100,000 Euros. Additionally, individual account management based on the strategies of experts like Priv.-Doz. Dr. Hubert Dichtl and Thomas Müller is available for investments starting from 500,000 Euros.
By leveraging these resources and insights, investors can make informed decisions about their stock portfolios, manage risks effectively, and capitalize on market opportunities for long-term success.
