Foryou Corp Stock Forecast - Accumulation Distribution

002906 Stock   32.50  1.39  4.10%   
Foryou Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Foryou Corp stock prices and determine the direction of Foryou Corp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Foryou Corp's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
On October 25, 2024 Foryou Corp had Accumulation Distribution of 155681.0. The accumulation distribution (A/D) indicator shows the degree to which Foryou Corp is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Foryou Corp to determine if accumulation or reduction is taking place in the market. This value is adjusted by Foryou Corp trading volume to give more weight to distributions with higher volume over lower volume.
Check Foryou Corp VolatilityBacktest Foryou CorpTrend Details  

Foryou Corp Trading Date Momentum

On October 28 2024 Foryou Corp was traded for  30.83  at the closing time. The highest price during the trading period was 31.11  and the lowest recorded bid was listed for  30.58 . The volume for the day was 7.6 M. This history from October 28, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.74% . The overall trading delta to the current price is 3.48% .
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
Compare Foryou Corp to competition

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

Foryou Corp Market Strength Events

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

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.

Other Information on Investing in Foryou Stock

Foryou Corp financial ratios help investors to determine whether Foryou 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 Foryou with respect to the benefits of owning Foryou Corp security.