Weir Group Pink Sheet Forecast - Price Action Indicator

WEGRY Stock  USD 14.09  0.48  3.53%   
Weir Pink Sheet Forecast is based on your current time horizon.
  
Weir Group PLC has current Price Action Indicator of 0.13. 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.
Check Weir Group VolatilityBacktest Weir GroupInformation Ratio  

Weir Group Trading Date Momentum

On November 29 2024 Weir Group PLC was traded for  14.09  at the closing time. The highest daily price throughout the period was 14.34  and the lowest price was  14.05 . The daily volume was 738. The net trading volume on 11/29/2024 had no short-term effect on price fluctuation. The trading price change to current closing price is 0.28% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
Compare Weir Group to competition

Other Forecasting Options for Weir Group

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

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

Weir Group PLC Technical and Predictive Analytics

The pink sheet market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Weir Group'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 Weir Group's current price.

Weir Group Market Strength Events

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

Weir Group Risk Indicators

The analysis of Weir Group'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 Weir Group's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting weir pink sheet 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 Weir Pink Sheet Analysis

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