Technical Analysis: Based on the technical indicators, TTE is showing mixed signals. The RSI-14 at 61.19 indicates a moderately bullish momentum but not yet overbought. The MACD at 0.59 suggests a positive trend momentum. The stock is currently trading below its 200-day SMA of 65.02, indicating some bearish pressure in the longer term.
Price Levels Analysis: Current price: $58.66 Key Fibonacci levels:
News Sentiment Analysis: Recent news shows mixed sentiment:
Price Prediction for Next Week: Based on technical and fundamental factors:
Target Price: $59.80 (Expected upside of 1.9%)
Recommendation: BUY Rationale:
The price of TTE is predicted to go up -6.9%, based on the high correlation periods with X. The similarity of these two price pattern on the periods is 98.38%.
TTE
X
Year
TTE Price Forecast($)
Potential Return(%)
2025
55.850
0.670
2026
65.000
17.160
2027
70.000
26.170
2028
85.000
53.210
2029
85.000
50.390
2030
85.000
50.390
Although investing for the energy transition, Total remains committed to hydrocarbons and expects to increase production through mid-decade, including new LNG and oil projects.
Total will be able to capitalize on greater global gas demand and price volatility with the expansion of its LNG portfolio model through new equity and third-party volumes.
Management's introduction of a peer leading shareholder return target and commitment to dividend growth sets clear expectations for investors.
Morgan Stanley
Price Target
$70 → $64
Upside
+12.44%
Scotiabank
Price Target
$80 → $75
Upside
+9.55%