MEITUAN UNSPADR/2B Stock Forecast - Price Action Indicator

9MDA Stock  EUR 41.40  0.40  0.98%   
MEITUAN Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of MEITUAN UNSPADR/2B's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
MEITUAN UNSPADR2B has current Price Action Indicator of 0.1. 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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MEITUAN UNSPADR/2B Trading Date Momentum

On November 22 2024 MEITUAN UNSPADR2B was traded for  41.40  at the closing time. The maximum traded price for the trading interval was 41.60  and the lowest daily price was  41.40 . There was no trading activity during the period 0.0. Lack of trading volume on 22nd of November 2024 did not cause price change. The trading delta at closing time to the closing price today is 0.48% .
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 MEITUAN UNSPADR/2B

For every potential investor in MEITUAN, whether a beginner or expert, MEITUAN UNSPADR/2B's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. MEITUAN Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in MEITUAN. Basic forecasting techniques help filter out the noise by identifying MEITUAN UNSPADR/2B's price trends.

MEITUAN UNSPADR/2B 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 MEITUAN UNSPADR/2B stock to make a market-neutral strategy. Peer analysis of MEITUAN UNSPADR/2B could also be used in its relative valuation, which is a method of valuing MEITUAN UNSPADR/2B by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

MEITUAN UNSPADR/2B 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 MEITUAN UNSPADR/2B'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 MEITUAN UNSPADR/2B's current price.

MEITUAN UNSPADR/2B Market Strength Events

Market strength indicators help investors to evaluate how MEITUAN UNSPADR/2B stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MEITUAN UNSPADR/2B shares will generate the highest return on investment. By undertsting and applying MEITUAN UNSPADR/2B stock market strength indicators, traders can identify MEITUAN UNSPADR2B entry and exit signals to maximize returns.

MEITUAN UNSPADR/2B Risk Indicators

The analysis of MEITUAN UNSPADR/2B'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 MEITUAN UNSPADR/2B's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting meituan 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 MEITUAN Stock

MEITUAN UNSPADR/2B financial ratios help investors to determine whether MEITUAN 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 MEITUAN with respect to the benefits of owning MEITUAN UNSPADR/2B security.