Huizhou Desay Stock Forecast - Daily Balance Of Power
| 002920 Stock | 108.51 2.29 2.07% |
Huizhou Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Huizhou Desay stock prices and determine the direction of Huizhou Desay SV's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Huizhou Desay's historical fundamentals, such as revenue growth or operating cash flow patterns.
Huizhou |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| 0.5153 | (0.1) |
| Check Huizhou Desay Volatility | Backtest Huizhou Desay | Trend Details |
Huizhou Desay Trading Date Momentum
| On April 16 2024 Huizhou Desay SV was traded for 124.66 at the closing time. The highest price during the trading period was 129.77 and the lowest recorded bid was listed for 124.52 . The volume for the day was 2.9 M. This history from April 16, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 3.84% . The trading delta at closing time to the current price is 11.01% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
Compare Huizhou Desay to competition
Huizhou Desay 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 Huizhou Desay stock to make a market-neutral strategy. Peer analysis of Huizhou Desay could also be used in its relative valuation, which is a method of valuing Huizhou Desay by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Huizhou Desay Market Strength Events
Market strength indicators help investors to evaluate how Huizhou Desay stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Huizhou Desay shares will generate the highest return on investment. By undertsting and applying Huizhou Desay stock market strength indicators, traders can identify Huizhou Desay SV entry and exit signals to maximize returns.
| Accumulation Distribution | 0.0242 | |||
| Daily Balance Of Power | (0.85) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 109.59 | |||
| Day Typical Price | 109.23 | |||
| Market Facilitation Index | 2.68 | |||
| Price Action Indicator | (2.22) | |||
| Period Momentum Indicator | (2.29) | |||
| Relative Strength Index | 45.52 |
Huizhou Desay Risk Indicators
The analysis of Huizhou Desay'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 Huizhou Desay's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting huizhou 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.
| Mean Deviation | 2.13 | |||
| Standard Deviation | 2.58 | |||
| Variance | 6.64 |
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.Other Information on Investing in Huizhou Stock
Huizhou Desay financial ratios help investors to determine whether Huizhou 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 Huizhou with respect to the benefits of owning Huizhou Desay security.