Nanxing Furniture Stock Forecast - Price Action Indicator

002757 Stock   17.10  1.90  10.00%   
Nanxing Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Nanxing Furniture stock prices and determine the direction of Nanxing Furniture Machinery's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Nanxing Furniture's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Nanxing Furniture's Other Assets are projected to increase significantly based on the last few years of reporting. The current year's Total Liabilities is expected to grow to about 1.6 B, whereas Total Assets are forecasted to decline to about 2.4 B.
Nanxing Furniture Machinery has current Price Action Indicator of (1.79). 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.
Check Nanxing Furniture VolatilityBacktest Nanxing FurnitureInformation Ratio  

Nanxing Furniture Trading Date Momentum

On November 22 2024 Nanxing Furniture Machinery was traded for  17.10  at the closing time. The highest price during the trading period was 18.79  and the lowest recorded bid was listed for  17.10 . The volume for the day was 66.7 M. This history from November 22, 2024 did not cause price change. The trading delta at closing time to the current price is 6.61% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
Compare Nanxing Furniture to competition

Other Forecasting Options for Nanxing Furniture

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

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

Nanxing Furniture 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 Nanxing Furniture'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 Nanxing Furniture's current price.

Nanxing Furniture Market Strength Events

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

Nanxing Furniture Risk Indicators

The analysis of Nanxing Furniture'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 Nanxing Furniture's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting nanxing 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 Nanxing Stock

Nanxing Furniture financial ratios help investors to determine whether Nanxing 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 Nanxing with respect to the benefits of owning Nanxing Furniture security.