Bank of Ayudhya Stock Forecast - Price Action Indicator

BAY Stock  THB 25.00  0.25  0.99%   
Bank Stock Forecast is based on your current time horizon.
  
Bank of Ayudhya has current Price Action Indicator of (0.20). 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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Bank of Ayudhya Trading Date Momentum

On November 22 2024 Bank of Ayudhya was traded for  25.00  at the closing time. The maximum traded price for the trading interval was 25.25  and the lowest daily price was  24.90 . The daily volume was recorded at 79.4 K. The volume of trading on 22nd of November 2024 did not affect price variability. The overall trading delta to the closing price today is 0.00% .
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 Bank of Ayudhya

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

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

Bank of Ayudhya 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 Bank of Ayudhya'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 Bank of Ayudhya's current price.

Bank of Ayudhya Market Strength Events

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

Bank of Ayudhya Risk Indicators

The analysis of Bank of Ayudhya'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 Bank of Ayudhya's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting bank 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 Bank Stock

Bank of Ayudhya financial ratios help investors to determine whether Bank 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 Bank with respect to the benefits of owning Bank of Ayudhya security.