OReilly Automotive Stock Forecast - Period Momentum Indicator

ORLY34 Stock  BRL 22.26  0.20  0.89%   
OReilly Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast OReilly Automotive stock prices and determine the direction of OReilly Automotive's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of OReilly Automotive's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
OReilly Automotive has current Period Momentum Indicator of (0.20). Momentum indicator evaluates the difference between todays closing price and the close price n periods ago. It is the velocity with which the price is rising or falling. It also reflects how aggressively the asset is purchased or sold by the public.
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OReilly Automotive Trading Date Momentum

On November 22 2024 OReilly Automotive was traded for  22.26  at the closing time. The highest price during the trading period was 22.26  and the lowest recorded bid was listed for  22.26 . There was no trading activity during the period 0.0. Lack of trading volume on November 22, 2024 did not cause price change. The trading delta at closing time to the current price is 0.00% .
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
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Other Forecasting Options for OReilly Automotive

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

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

OReilly Automotive 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 OReilly Automotive'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 OReilly Automotive's current price.

OReilly Automotive Market Strength Events

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

OReilly Automotive Risk Indicators

The analysis of OReilly Automotive'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 OReilly Automotive's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting oreilly 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.

Additional Information and Resources on Investing in OReilly Stock

When determining whether OReilly Automotive offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of OReilly Automotive's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Oreilly Automotive Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Oreilly Automotive Stock:
Check out Historical Fundamental Analysis of OReilly Automotive to cross-verify your projections.
For information on how to trade OReilly Stock refer to our How to Trade OReilly Stock guide.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Please note, there is a significant difference between OReilly Automotive's value and its price as these two are different measures arrived at by different means. Investors typically determine if OReilly Automotive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OReilly Automotive's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.