Shenzhen MYS Stock Forecast - Price Action Indicator

002303 Stock   4.13  0.38  10.13%   
Shenzhen Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Shenzhen MYS stock prices and determine the direction of Shenzhen MYS Environmental's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Shenzhen MYS's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Shenzhen MYS's Total Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Other Assets is expected to grow to about 2 B, whereas Total Assets are forecasted to decline to about 4.4 B.
Shenzhen MYS Environmental has current Price Action Indicator of 0.42. Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.
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Shenzhen MYS Trading Date Momentum

On November 26 2024 Shenzhen MYS Environmental was traded for  4.13  at the closing time. The highest price during the trading period was 4.13  and the lowest recorded bid was listed for  3.67 . There was no trading activity during the period 0.0. Lack of trading volume on November 26, 2024 did not result in any price rise and fall. The trading price change to the current price is 9.69% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Other Forecasting Options for Shenzhen MYS

For every potential investor in Shenzhen, whether a beginner or expert, Shenzhen MYS's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Shenzhen Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Shenzhen. Basic forecasting techniques help filter out the noise by identifying Shenzhen MYS's price trends.

Shenzhen MYS Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Shenzhen MYS stock to make a market-neutral strategy. Peer analysis of Shenzhen MYS could also be used in its relative valuation, which is a method of valuing Shenzhen MYS by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Shenzhen MYS Environ Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Shenzhen MYS's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Shenzhen MYS's current price.

Shenzhen MYS Market Strength Events

Market strength indicators help investors to evaluate how Shenzhen MYS stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shenzhen MYS shares will generate the highest return on investment. By undertsting and applying Shenzhen MYS stock market strength indicators, traders can identify Shenzhen MYS Environmental entry and exit signals to maximize returns.

Shenzhen MYS Risk Indicators

The analysis of Shenzhen MYS's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Shenzhen MYS's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting shenzhen stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Shenzhen Stock

Shenzhen MYS financial ratios help investors to determine whether Shenzhen Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Shenzhen with respect to the benefits of owning Shenzhen MYS security.