Spire Healthcare Stock Forecast - Daily Balance Of Power

SPI Stock   219.50  3.00  1.39%   
Spire Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Spire Healthcare stock prices and determine the direction of Spire Healthcare Group's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Spire Healthcare's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Spire Healthcare's Cash is projected to decrease significantly based on the last few years of reporting. The current year's Other Assets is expected to grow to about 5.6 M, whereas Short and Long Term Debt Total is forecasted to decline to about 924 M.
Spire Healthcare Group has current Daily Balance Of Power of 0.6667. Balance of Power indicator (or BOP) measures the strength of Spire Healthcare Group market sensitivity to bulls and bears. It estimates the ability of Spire Healthcare buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Spire Healthcare Balance of Power indicator one can determine a trend of the price direction.
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Spire Healthcare Trading Date Momentum

On November 24 2024 Spire Healthcare Group was traded for  219.50  at the closing time. The highest price during the trading period was 220.50  and the lowest recorded bid was listed for  216.00 . There was no trading activity during the period 0.0. Lack of trading volume on November 24, 2024 did not result in any price rise and fall. The trading price change to the current price is 1.59% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for Spire Healthcare

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

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

Spire Healthcare 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 Spire Healthcare'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 Spire Healthcare's current price.

Spire Healthcare Market Strength Events

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

Spire Healthcare Risk Indicators

The analysis of Spire Healthcare'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 Spire Healthcare's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting spire 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 Spire Stock

Spire Healthcare financial ratios help investors to determine whether Spire 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 Spire with respect to the benefits of owning Spire Healthcare security.