ViTrox Bhd Stock Forecast - Price Action Indicator

0097 Stock   3.58  0.23  6.87%   
ViTrox Stock Forecast is based on your current time horizon.
  
ViTrox Bhd has current Price Action Indicator of 0.24. 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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ViTrox Bhd Trading Date Momentum

On November 25 2024 ViTrox Bhd was traded for  3.58  at the closing time. The highest price during the trading period was 3.58  and the lowest recorded bid was listed for  3.34 . The volume for the day was 643.9 K. This history from November 25, 2024 did not result in any price rise and fall. The trading price change to the current price is 6.70% .
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 ViTrox Bhd

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

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

ViTrox Bhd 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 ViTrox Bhd'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 ViTrox Bhd's current price.

ViTrox Bhd Market Strength Events

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

ViTrox Bhd Risk Indicators

The analysis of ViTrox Bhd'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 ViTrox Bhd's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting vitrox 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 ViTrox Stock

ViTrox Bhd financial ratios help investors to determine whether ViTrox 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 ViTrox with respect to the benefits of owning ViTrox Bhd security.