Guangdong HongDa Stock Forecast - Price Action Indicator

002683 Stock   27.56  0.22  0.79%   
Guangdong Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Guangdong HongDa stock prices and determine the direction of Guangdong HongDa Blasting's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Guangdong HongDa's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Guangdong HongDa's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Total Current Liabilities is expected to grow to about 6.4 B, whereas Other Current Liabilities is forecasted to decline to about 342 M.
Guangdong HongDa Blasting has current Price Action Indicator of (0.50). 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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Guangdong HongDa Trading Date Momentum

On December 01 2024 Guangdong HongDa Blasting was traded for  27.56  at the closing time. The highest price during the trading period was 28.43  and the lowest recorded bid was listed for  27.46 . There was no trading activity during the period 0.0. Lack of trading volume on December 1, 2024 did not cause price change. The overall trading delta to the current price is 3.16% .
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 Guangdong HongDa

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

Guangdong HongDa 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 Guangdong HongDa stock to make a market-neutral strategy. Peer analysis of Guangdong HongDa could also be used in its relative valuation, which is a method of valuing Guangdong HongDa by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Guangdong HongDa Blasting 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 Guangdong HongDa'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 Guangdong HongDa's current price.

Guangdong HongDa Market Strength Events

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

Guangdong HongDa Risk Indicators

The analysis of Guangdong HongDa'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 Guangdong HongDa's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting guangdong 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 Guangdong Stock

Guangdong HongDa financial ratios help investors to determine whether Guangdong 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 Guangdong with respect to the benefits of owning Guangdong HongDa security.