The question is if Colony is currently on an uptrend?
No, the price is not above any of the three moving averages and is, therefore, in a downtrend.
Predictions for the price of Colony in 2023
Let's examine the one-year forecast more closely since it is the most precise of the analysts' forecasts.
Analysts were divided in their predictions for the Colony price over the next year. The highest forecast predicted a one-year price target of $0.38. However, the most pessimistic forecast was $0.29.
The latest average price target for the next year is $0.33, which is the most vital figure.
This indicates a possible increase of 1.79 percent.
CLY - Relative Strength Forecast
CLY - Trend Prediction
CLY - Price Volatility Prediction
CLY - Relative Strength
CLY - Momentum Forecast
Colony's Prospects For 2025-2030
Colony's future looks promising. According to seven analysts, Colony is expected to reach $0.34 by March 2025. The five-year forecast projects that the Colony price will be $0.35 by March 2027. The long-term prediction for 2030 is $0.37.