Seagate Technology Stock Forecast - Relative Strength Index

STX Stock  USD 99.62  0.30  0.30%   
Seagate Stock Forecast is based on your current time horizon.
  
At this time, Seagate Technology's Inventory Turnover is fairly stable compared to the past year. Payables Turnover is likely to rise to 3.76 in 2024, whereas Receivables Turnover is likely to drop 11.89 in 2024. . Common Stock Shares Outstanding is likely to rise to about 488 M in 2024, despite the fact that Net Loss is likely to grow to (577.9 M).
Seagate Technology PLC has current Relative Strength Index of 52.62.
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Seagate Technology Trading Date Momentum

On November 25 2024 Seagate Technology PLC was traded for  99.62  at the closing time. Highest Seagate Technology's price during the trading hours was 100.66  and the lowest price during the day was  99.17 . There was no trading activity during the period 0.0. Lack of trading volume on the 25th of November did not result in any price rise and fall. The trading price change to current price is 0.78% .
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Other Forecasting Options for Seagate Technology

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

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

Seagate Technology PLC 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 Seagate Technology'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 Seagate Technology's current price.

Seagate Technology Market Strength Events

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

Seagate Technology Risk Indicators

The analysis of Seagate Technology'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 Seagate Technology's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting seagate 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 Tools for Seagate Stock Analysis

When running Seagate Technology's price analysis, check to measure Seagate Technology's 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 Seagate Technology is operating at the current time. Most of Seagate Technology's value examination focuses on studying past and present price action to predict the probability of Seagate Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Seagate Technology's price. Additionally, you may evaluate how the addition of Seagate Technology to your portfolios can decrease your overall portfolio volatility.