Edenred SA Stock Forecast - Price Action Indicator

EDEN Stock  EUR 29.58  0.15  0.51%   
Edenred Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Edenred SA stock prices and determine the direction of Edenred SA's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Edenred SA's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Edenred SA has current Price Action Indicator of 0.5. 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.
Check Edenred SA VolatilityBacktest Edenred SAInformation Ratio  

Edenred SA Trading Date Momentum

On November 22 2024 Edenred SA was traded for  29.58  at the closing time. The highest price during the trading period was 29.58  and the lowest recorded bid was listed for  28.73 . The volume for the day was 755.2 K. This history from November 22, 2024 did not affect price variability. The overall trading delta to the current price is 0.47% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
Compare Edenred SA to competition

Other Forecasting Options for Edenred SA

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

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

Edenred SA 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 Edenred SA'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 Edenred SA's current price.

Edenred SA Market Strength Events

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

Edenred SA Risk Indicators

The analysis of Edenred SA'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 Edenred SA's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting edenred 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 Edenred Stock

Edenred SA financial ratios help investors to determine whether Edenred 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 Edenred with respect to the benefits of owning Edenred SA security.