Jinhe Biotechnology Stock Forecast - Price Action Indicator

002688 Stock   4.48  0.10  2.28%   
Jinhe Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Jinhe Biotechnology stock prices and determine the direction of Jinhe Biotechnology Co's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Jinhe Biotechnology's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Jinhe Biotechnology's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Short and Long Term Debt Total is expected to grow to about 2.4 B, whereas Total Stockholder Equity is forecasted to decline to about 1.3 B.
Jinhe Biotechnology Co has current Price Action Indicator of 0.11. 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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Jinhe Biotechnology Trading Date Momentum

On November 26 2024 Jinhe Biotechnology Co was traded for  4.48  at the closing time. The highest price during the trading period was 4.48  and the lowest recorded bid was listed for  4.36 . There was no trading activity during the period 0.0. Lack of trading volume on November 26, 2024 did not cause price change. The trading delta at closing time to the current price is 1.56% .
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 Jinhe Biotechnology

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

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

Jinhe Biotechnology 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 Jinhe Biotechnology'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 Jinhe Biotechnology's current price.

Jinhe Biotechnology Market Strength Events

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

Jinhe Biotechnology Risk Indicators

The analysis of Jinhe Biotechnology'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 Jinhe Biotechnology's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting jinhe 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.

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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 Jinhe Stock

Jinhe Biotechnology financial ratios help investors to determine whether Jinhe 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 Jinhe with respect to the benefits of owning Jinhe Biotechnology security.