POET Technologies Stock Forecast - Price Action Indicator

PTK Stock  CAD 7.12  1.20  20.27%   
POET Stock Forecast is based on your current time horizon.
  
Inventory Turnover is likely to drop to 1.82 in 2024. Payables Turnover is likely to drop to 1.56 in 2024. Common Stock Shares Outstanding is likely to climb to about 42.1 M in 2024, whereas Net Loss is likely to drop (14.8 M) in 2024.
POET Technologies has current Price Action Indicator of 0.92. 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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POET Technologies Trading Date Momentum

On November 26 2024 POET Technologies was traded for  7.12  at the closing time. The highest daily price throughout the period was 7.50  and the lowest price was  6.10 . The daily volume was 557.3 K. The net trading volume on 11/26/2024 did not cause price change. The trading delta at closing time to current closing price is 14.33% .
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 POET Technologies

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

POET Technologies 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 POET Technologies stock to make a market-neutral strategy. Peer analysis of POET Technologies could also be used in its relative valuation, which is a method of valuing POET Technologies by comparing valuation metrics with similar companies.
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POET Technologies 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 POET Technologies' 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 POET Technologies' current price.

POET Technologies Market Strength Events

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

POET Technologies Risk Indicators

The analysis of POET Technologies' 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 POET Technologies' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting poet 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.

Thematic Opportunities

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Additional Tools for POET Stock Analysis

When running POET Technologies' price analysis, check to measure POET Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy POET Technologies is operating at the current time. Most of POET Technologies' value examination focuses on studying past and present price action to predict the probability of POET Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move POET Technologies' price. Additionally, you may evaluate how the addition of POET Technologies to your portfolios can decrease your overall portfolio volatility.