Runjian Communication Stock Forecast - Price Action Indicator

002929 Stock   29.29  0.90  2.98%   
Runjian Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Runjian Communication stock prices and determine the direction of Runjian Communication Co's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Runjian Communication's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Runjian Communication'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 9.2 B, whereas Other Current Liabilities is forecasted to decline to about 17.8 M.
Runjian Communication Co has current Price Action Indicator of (1.31). 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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Runjian Communication Trading Date Momentum

On November 22 2024 Runjian Communication Co was traded for  29.29  at the closing time. The highest price during the trading period was 31.10  and the lowest recorded bid was listed for  29.20 . The volume for the day was 9.2 M. This history from November 22, 2024 did not cause price change. The trading delta at closing time to the current price is 2.87% .
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 Runjian Communication

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

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

Runjian Communication 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 Runjian Communication'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 Runjian Communication's current price.

Runjian Communication Market Strength Events

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

Runjian Communication Risk Indicators

The analysis of Runjian Communication'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 Runjian Communication's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting runjian 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 Runjian Stock

Runjian Communication financial ratios help investors to determine whether Runjian 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 Runjian with respect to the benefits of owning Runjian Communication security.