Cellnex Telecom Stock Forecast - Price Action Indicator

472 Stock   33.78  0.81  2.46%   
Cellnex Stock Forecast is based on your current time horizon.
  
Cellnex Telecom SA has current Price Action Indicator of 0.41. 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.
Check Cellnex Telecom VolatilityBacktest Cellnex TelecomInformation Ratio  

Cellnex Telecom Trading Date Momentum

On November 30 2024 Cellnex Telecom SA was traded for  33.78  at the closing time. The highest price during the trading period was 33.78  and the lowest recorded bid was listed for  33.78 . There was no trading activity during the period 0.0. Lack of trading volume on November 30, 2024 did not affect price variability. The overall trading delta to the current price is 0.00% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
Compare Cellnex Telecom to competition

Other Forecasting Options for Cellnex Telecom

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

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

Cellnex Telecom SA 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 Cellnex Telecom'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 Cellnex Telecom's current price.

Cellnex Telecom Market Strength Events

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

Cellnex Telecom Risk Indicators

The analysis of Cellnex Telecom'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 Cellnex Telecom's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting cellnex 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.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Cellnex Stock Analysis

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