Qingdao Port Stock Forecast - Price Action Indicator

601298 Stock   8.61  0.07  0.81%   
Qingdao Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Qingdao Port stock prices and determine the direction of Qingdao Port International's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Qingdao Port's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Qingdao Port's Total Current Liabilities is projected to decrease significantly based on the last few years of reporting. The current year's Net Receivables is expected to grow to about 2.9 B, whereas Total Assets are forecasted to decline to about 55.6 B.
Qingdao Port International 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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Qingdao Port Trading Date Momentum

On November 27 2024 Qingdao Port International was traded for  8.61  at the closing time. The highest price during the trading period was 8.70  and the lowest recorded bid was listed for  8.48 . The volume for the day was 10.2 M. This history from November 27, 2024 did not cause price change. The trading delta at closing time to the current price is 0.58% .
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 Qingdao Port

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

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

Qingdao Port Interna 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 Qingdao Port'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 Qingdao Port's current price.

Qingdao Port Market Strength Events

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

Qingdao Port Risk Indicators

The analysis of Qingdao Port'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 Qingdao Port's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting qingdao 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 Qingdao Stock

Qingdao Port financial ratios help investors to determine whether Qingdao 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 Qingdao with respect to the benefits of owning Qingdao Port security.