Zhejiang Zanyu Stock Forecast - Price Action Indicator

002637 Stock   11.17  0.07  0.63%   
Zhejiang Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Zhejiang Zanyu stock prices and determine the direction of Zhejiang Zanyu Technology's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Zhejiang Zanyu's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Zhejiang Zanyu's Other Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Retained Earnings is expected to grow to about 1.9 B, whereas Total Assets are forecasted to decline to about 4.5 B.
On November 29, 2024 Zhejiang Zanyu Technology had Price Action Indicator of 0.38. 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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Zhejiang Zanyu Trading Date Momentum

On December 02 2024 Zhejiang Zanyu Technology was traded for  11.17  at the closing time. The highest price during the trading period was 11.38  and the lowest recorded bid was listed for  10.84 . The volume for the day was 11.7 M. This history from December 2, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.63% . The trading date delta to the current price is 0.27% .
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 Zhejiang Zanyu

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

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

Zhejiang Zanyu Technology 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 Zhejiang Zanyu'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 Zhejiang Zanyu's current price.

Zhejiang Zanyu Market Strength Events

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

Zhejiang Zanyu Risk Indicators

The analysis of Zhejiang Zanyu'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 Zhejiang Zanyu's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting zhejiang 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 Zhejiang Stock

Zhejiang Zanyu financial ratios help investors to determine whether Zhejiang 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 Zhejiang with respect to the benefits of owning Zhejiang Zanyu security.