Detection Technology Stock Forecast - Price Action Indicator

DETEC Stock  EUR 13.90  0.05  0.36%   
Detection Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Detection Technology's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Detection Technology OY 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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Detection Technology Trading Date Momentum

On November 22 2024 Detection Technology OY was traded for  13.90  at the closing time. The highest price during the trading period was 13.95  and the lowest recorded bid was listed for  13.70 . There was no trading activity during the period 0.0. Lack of trading volume on November 22, 2024 did not affect price variability. The overall trading delta to the current price is 0.72% .
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 Detection Technology

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

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

Detection Technology 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 Detection Technology'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 Detection Technology's current price.

Detection Technology Market Strength Events

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

Detection Technology Risk Indicators

The analysis of Detection Technology'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 Detection Technology's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting detection 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Detection Stock

Detection Technology financial ratios help investors to determine whether Detection 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 Detection with respect to the benefits of owning Detection Technology security.