Star Petroleum Stock Forecast - Price Action Indicator

SPRC-R Stock  THB 6.75  1.34  16.56%   
Star Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Star Petroleum stock prices and determine the direction of Star Petroleum Refining's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Star Petroleum's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Star Petroleum Refining has current Price Action Indicator of (0.64). 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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Star Petroleum Trading Date Momentum

On November 22 2024 Star Petroleum Refining was traded for  6.75  at the closing time. The highest price during the trading period was 6.85  and the lowest recorded bid was listed for  6.60 . There was no trading activity during the period 0.0. Lack of trading volume on November 22, 2024 did not result in any price rise and fall. The trading price change to the current price is 2.22% .
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 Star Petroleum

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

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

Star Petroleum Refining 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 Star Petroleum'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 Star Petroleum's current price.

Star Petroleum Market Strength Events

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

Star Petroleum Risk Indicators

The analysis of Star Petroleum'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 Star Petroleum's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting star 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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Other Information on Investing in Star Stock

Star Petroleum financial ratios help investors to determine whether Star 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 Star with respect to the benefits of owning Star Petroleum security.