Ningbo Construction Stock Forecast - Price Action Indicator

601789 Stock   4.77  0.22  4.41%   
Ningbo Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Ningbo Construction stock prices and determine the direction of Ningbo Construction Co's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Ningbo Construction's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Ningbo Construction's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Other Current Liabilities is expected to grow to about 2.6 B, whereas Total Current Liabilities is forecasted to decline to about 10.6 B.
Ningbo Construction Co has current Price Action Indicator of (0.21). 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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Ningbo Construction Trading Date Momentum

On November 26 2024 Ningbo Construction Co was traded for  4.77  at the closing time. The highest price during the trading period was 5.10  and the lowest recorded bid was listed for  4.63 . There was no trading activity during the period 0.0. Lack of trading volume on November 26, 2024 did not cause price change. The trading delta at closing time to the current price is 4.82% .
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 Ningbo Construction

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

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

Ningbo 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 Ningbo 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 Ningbo Construction's current price.

Ningbo Construction Market Strength Events

Market strength indicators help investors to evaluate how Ningbo 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 Ningbo Construction shares will generate the highest return on investment. By undertsting and applying Ningbo Construction stock market strength indicators, traders can identify Ningbo Construction Co entry and exit signals to maximize returns.

Ningbo Construction Risk Indicators

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

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