JOYY INCSPADR/20 Stock Forecast - Price Action Indicator

0YYA Stock  EUR 34.20  0.60  1.79%   
JOYY Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of JOYY INCSPADR/20's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
JOYY INCSPADR20 CLA has current Price Action Indicator of 0.7. 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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JOYY INCSPADR/20 Trading Date Momentum

On November 25 2024 JOYY INCSPADR20 CLA was traded for  34.20  at the closing time. The maximum traded price for the trading interval was 34.20  and the lowest daily price was  33.40 . There was no trading activity during the period 0.0. Lack of trading volume on 25th of November 2024 did not cause price change. The trading delta at closing time to the closing price today is 2.34% .
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 JOYY INCSPADR/20

For every potential investor in JOYY, whether a beginner or expert, JOYY INCSPADR/20's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. JOYY Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in JOYY. Basic forecasting techniques help filter out the noise by identifying JOYY INCSPADR/20's price trends.

JOYY INCSPADR/20 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 JOYY INCSPADR/20 stock to make a market-neutral strategy. Peer analysis of JOYY INCSPADR/20 could also be used in its relative valuation, which is a method of valuing JOYY INCSPADR/20 by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

JOYY INCSPADR20 CLA 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 JOYY INCSPADR/20'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 JOYY INCSPADR/20's current price.

JOYY INCSPADR/20 Market Strength Events

Market strength indicators help investors to evaluate how JOYY INCSPADR/20 stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading JOYY INCSPADR/20 shares will generate the highest return on investment. By undertsting and applying JOYY INCSPADR/20 stock market strength indicators, traders can identify JOYY INCSPADR20 CLA entry and exit signals to maximize returns.

JOYY INCSPADR/20 Risk Indicators

The analysis of JOYY INCSPADR/20'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 JOYY INCSPADR/20's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting joyy 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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Other Information on Investing in JOYY Stock

JOYY INCSPADR/20 financial ratios help investors to determine whether JOYY 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 JOYY with respect to the benefits of owning JOYY INCSPADR/20 security.