Lux Industries Stock Forecast - Price Action Indicator

LUXIND Stock   1,922  61.50  3.31%   
Lux Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Lux Industries stock prices and determine the direction of Lux Industries Limited's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Lux Industries' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Lux Industries' Other Current Liabilities is projected to decrease significantly based on the last few years of reporting. The current year's Total Stockholder Equity is expected to grow to about 16.5 B, whereas Total Assets are forecasted to decline to about 11.9 B.
Lux Industries Limited has current Price Action Indicator of 51.27. 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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Lux Industries Trading Date Momentum

On December 01 2024 Lux Industries Limited was traded for  1,922  at the closing time. The highest price during the trading period was 1,942  and the lowest recorded bid was listed for  1,860 . There was no trading activity during the period 0.0. Lack of trading volume on December 1, 2024 did not cause price change. The trading delta at closing time to the current price is 3.20% .
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 Lux Industries

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

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

Lux Industries 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 Lux Industries' 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 Lux Industries' current price.

Lux Industries Market Strength Events

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

Lux Industries Risk Indicators

The analysis of Lux Industries' 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 Lux Industries' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting lux 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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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 Lux Stock

Lux Industries financial ratios help investors to determine whether Lux 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 Lux with respect to the benefits of owning Lux Industries security.