Sgu short term price estimates

**Star Group (SGU) is currently experiencing a short-term price decline.** Here's a detailed analysis of its short-term price estimates: 1. **Moving Averages**: The 5-day moving average is at $11.76, slightly above the 10-day moving average of $11.76, which in turn is above the 20-day moving average of $11.63. This indicates a recent uptrend in the stock price. However, the 1-week percentage change is -3.31% and the 1-month percentage change is -0.87%, suggesting a recent dip in the stock price. 2. **Support and Resistance Levels**: The current support level is at $11.3, with a resistance level at $11.7. The proximity of the support level to the 5-day and 10-day moving averages suggests that these levels could be pivotal in determining the stock's short-term direction. 3. **Fibonacci Retracement**: The 0.382 Fibonacci retracement over the past year is at $12.6, and the 0.618 Fibonacci retracement is at $13.6. These levels can be used as potential targets for price reversals, but they are longer-term indicators and may not directly influence short-term price movements. In conclusion, while the short-term moving averages and recent price changes suggest a bearish trend, the support level and Fibonacci retracement levels provide potential reference points for the stock's future performance. Investors should monitor these indicators for insights into Star Group's short-term price movements.