MCEWEN MINING Stock Forecast - Period Momentum Indicator

US8 Stock   8.20  0.25  3.14%   
MCEWEN Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of MCEWEN MINING's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
MCEWEN MINING INC has current Period Momentum Indicator of 0.25. 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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MCEWEN MINING Trading Date Momentum

On November 25 2024 MCEWEN MINING INC was traded for  8.20  at the closing time. The highest daily price throughout the period was 8.45  and the lowest price was  8.15 . There was no trading activity during the period 0.0. Lack of trading volume on 11/25/2024 did not cause price change. The trading delta at closing time to current closing price is 0.61% .
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 MCEWEN MINING

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

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

MCEWEN MINING INC 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 MCEWEN MINING'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 MCEWEN MINING's current price.

MCEWEN MINING Market Strength Events

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

MCEWEN MINING Risk Indicators

The analysis of MCEWEN MINING'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 MCEWEN MINING's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting mcewen 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 MCEWEN Stock

MCEWEN MINING financial ratios help investors to determine whether MCEWEN 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 MCEWEN with respect to the benefits of owning MCEWEN MINING security.