Stock Forecast Chart
Stock Price Prediction Summary
Forecast Score Based on 2 Weeks
Based on our forecast, the price of GEF-B will decline by -21.71% over the next 2 Weeks and hit $66.64 by Friday, November 24, 2023. In that time frame, GEF-B's share price is expected to range between $65.79 and $67.45.
BearishAverageBullish| Date | Predicted Lower | Predicted | Predicted Upper |
|---|---|---|---|
| Nov 24, 2023 | 65.84 | 66.64 | 67.52 |
| Nov 23, 2023 | 65.68 | 66.57 | 67.38 |
| Nov 22, 2023 | 65.29 | 66.09 | 66.91 |
| Nov 21, 2023 | 65.34 | 66.13 | 66.95 |
| Nov 20, 2023 | 65.59 | 66.45 | 67.18 |
| Nov 17, 2023 | 65.14 | 65.97 | 66.78 |
| Nov 16, 2023 | 65.20 | 65.89 | 66.67 |
| Nov 15, 2023 | 64.60 | 65.42 | 66.17 |
| Nov 14, 2023 | 64.67 | 65.45 | 66.23 |
| Nov 13, 2023 | 65.01 | 65.77 | 66.53 |
| Nov 10, 2023 | 64.52 | 65.28 | 66.03 |
| Nov 9, 2023 | 64.45 | 65.23 | 66.02 |
| Nov 8, 2023 | 64.01 | 64.76 | 65.47 |
| Nov 7, 2023 | 64.04 | 64.79 | 65.55 |
GEF-B shares rose +2.21% in Friday, June 12, 2026's trading session, rising from a previous close of $83.28 to move at $85.12. The stock demonstrated notable intraday movement (see GEF-B's key stats for a full breakdown), fluctuating between $81.67 and $85.98, a +5.28% trading range. While recent weeks have seen some volatility, GEF-B has managed to secure a +6.00% gain over the past 2 weeks. The upward price movement was accompanied by decreased trading volume, with approximately 123.63K shares changing hands, 200.15K fewer than the previous session. This amounted to $10.52M in total market activity.
Will GEF-B Continue Its Downward Trend?
According to analyst ratings and projections for GEF-B, Greif, Inc. shares are anticipated to decrease by -26.06%, potentially reaching $67.52 per share by November 24, 2023. Short-term technical indicators for GEF-B currently suggest a bearish sentiment. Despite this, the stock appears to be in a state of indecision, having seen 15 positive and 15 negative trading days over the last 30 sessions. Based on the GEF-B stock forecast, now is not the best time to buy GEF-B stock because its current trading price is +27.73% above our predicted value, hinting at a possible undervaluation. For deeper insights, view our sentiment analysis on GEF-B covering social and institutional perspectives.
GEF-B Technical Momentum: Overbought, Oversold, or Neutral?
An analysis of Relative Strength Index (RSI) indicators provides insight into GEF-B's momentum. Short-term RSIs (9, 14, and 20-day figures ranging from 56.94% to 67.94%) suggest the stock is showing bullish momentum with some volatility. The 50-day RSI, at 53.13%, suggests a neutral medium-term outlook. Additionally, the 100-day RSI, at 53.33%, maintains a neutral outlook for the long term. Insights into GEF-B's shareholder base show how institutional investors are positioning themselves during these momentum shifts

