Shaanxi Construction Stock Forecast - Price Action Indicator

600984 Stock   3.38  0.01  0.29%   
Shaanxi Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Shaanxi Construction stock prices and determine the direction of Shaanxi Construction Machinery's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Shaanxi Construction's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Shaanxi Construction's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Total Current Liabilities is expected to grow to about 7.6 B, whereas Other Current Liabilities is forecasted to decline to about 47.2 M.
Shaanxi Construction Machinery has current Price Action Indicator of 0.01. 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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Shaanxi Construction Trading Date Momentum

On November 26 2024 Shaanxi Construction Machinery was traded for  3.38  at the closing time. The highest price during the trading period was 3.43  and the lowest recorded bid was listed for  3.30 . There was no trading activity during the period 0.0. Lack of trading volume on November 26, 2024 did not result in any price rise and fall. The trading price change to the current price is 0.59% .
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 Shaanxi Construction

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

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

Shaanxi Construction 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 Shaanxi Construction'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 Shaanxi Construction's current price.

Shaanxi Construction Market Strength Events

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

Shaanxi Construction Risk Indicators

The analysis of Shaanxi Construction'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 Shaanxi Construction's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting shaanxi 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 Shaanxi Stock

Shaanxi Construction financial ratios help investors to determine whether Shaanxi 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 Shaanxi with respect to the benefits of owning Shaanxi Construction security.