Shan Loong Stock Forecast - Price Action Indicator

2616 Stock  TWD 20.05  0.05  0.25%   
Shan Stock Forecast is based on your current time horizon.
  
Shan Loong Transportation Co has current Price Action Indicator of 0.1. 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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Shan Loong Trading Date Momentum

On November 29 2024 Shan Loong Transportation Co was traded for  20.05  at the closing time. The highest price during the trading period was 20.05  and the lowest recorded bid was listed for  19.90 . The volume for the day was 44.4 K. This history from November 29, 2024 did not result in any price rise and fall. The trading price change to the current price is 0.25% .
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 Shan Loong

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

Shan Loong 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 Shan Loong stock to make a market-neutral strategy. Peer analysis of Shan Loong could also be used in its relative valuation, which is a method of valuing Shan Loong by comparing valuation metrics with similar companies.
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Shan Loong Transport 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 Shan Loong'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 Shan Loong's current price.

Shan Loong Market Strength Events

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

Shan Loong Risk Indicators

The analysis of Shan Loong'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 Shan Loong's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting shan 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.

Additional Tools for Shan Stock Analysis

When running Shan Loong's price analysis, check to measure Shan Loong's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Shan Loong is operating at the current time. Most of Shan Loong's value examination focuses on studying past and present price action to predict the probability of Shan Loong's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shan Loong's price. Additionally, you may evaluate how the addition of Shan Loong to your portfolios can decrease your overall portfolio volatility.