Jilin Jlu Stock Forecast - Price Action Indicator

300597 Stock   9.16  0.16  1.78%   
Jilin Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Jilin Jlu stock prices and determine the direction of Jilin Jlu Communication's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Jilin Jlu's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Jilin Jlu's Other Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Other Liabilities is expected to grow to about 2.4 M, whereas Total Assets are forecasted to decline to about 1.2 B.
Jilin Jlu Communication has current Price Action Indicator of 0.26. 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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Jilin Jlu Trading Date Momentum

On November 25 2024 Jilin Jlu Communication was traded for  9.16  at the closing time. The highest price during the trading period was 9.19  and the lowest recorded bid was listed for  8.77 . The volume for the day was 10 M. This history from November 25, 2024 did not cause price change. The trading delta at closing time to the current price is 0.33% .
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 Jilin Jlu

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

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

Jilin Jlu 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 Jilin Jlu'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 Jilin Jlu's current price.

Jilin Jlu Market Strength Events

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

Jilin Jlu Risk Indicators

The analysis of Jilin Jlu'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 Jilin Jlu's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting jilin 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 Jilin Stock

Jilin Jlu financial ratios help investors to determine whether Jilin 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 Jilin with respect to the benefits of owning Jilin Jlu security.