EDreams Odigeo Stock Forecast - Price Action Indicator

EDR Stock  EUR 6.68  0.17  2.61%   
EDreams Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast EDreams Odigeo stock prices and determine the direction of eDreams Odigeo SA's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of EDreams Odigeo's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
eDreams Odigeo SA has current Price Action Indicator of 0.15. 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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EDreams Odigeo Trading Date Momentum

On November 23 2024 eDreams Odigeo SA was traded for  6.68  at the closing time. The maximum traded price for the trading interval was 6.70  and the lowest daily price was  6.53 . There was no trading activity during the period 0.0. Lack of trading volume on 23rd of November 2024 had no short-term effect on price fluctuation. The trading date delta to the closing price today is 2.25% .
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 EDreams Odigeo

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

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

eDreams Odigeo 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 EDreams Odigeo'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 EDreams Odigeo's current price.

EDreams Odigeo Market Strength Events

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

EDreams Odigeo Risk Indicators

The analysis of EDreams Odigeo'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 EDreams Odigeo's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting edreams 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 EDreams Stock

EDreams Odigeo financial ratios help investors to determine whether EDreams 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 EDreams with respect to the benefits of owning EDreams Odigeo security.