Edom Technology Stock Forecast - Period Momentum Indicator

3048 Stock  TWD 28.90  0.25  0.87%   
Edom Stock Forecast is based on your current time horizon.
  
Edom Technology Co has current Period Momentum Indicator of 0.25. Momentum indicator evaluates the difference between todays closing price and the close price n periods ago. It is the velocity with which the price is rising or falling. It also reflects how aggressively the asset is purchased or sold by the public.
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Edom Technology Trading Date Momentum

On January 31 2025 Edom Technology Co was traded for  28.90  at the closing time. The highest price during the trading period was 29.00  and the lowest recorded bid was listed for  28.50 . There was no trading activity during the period 0.0. Lack of trading volume on January 31, 2025 did not affect price variability. The overall trading delta to the current price is 0.87% .
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
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Edom Technology 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 Edom Technology stock to make a market-neutral strategy. Peer analysis of Edom Technology could also be used in its relative valuation, which is a method of valuing Edom Technology by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Edom Technology Market Strength Events

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

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 Edom Stock Analysis

When running Edom Technology's price analysis, check to measure Edom Technology'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 Edom Technology is operating at the current time. Most of Edom Technology's value examination focuses on studying past and present price action to predict the probability of Edom Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Edom Technology's price. Additionally, you may evaluate how the addition of Edom Technology to your portfolios can decrease your overall portfolio volatility.