Lily Textile Stock Forecast - Daily Balance Of Power

1443 Stock   32.60  0.25  0.76%   
Lily Stock Forecast is based on your current time horizon.
  
On January 30, 2024 Lily Textile Co had Daily Balance Of Power of 1.0. Balance of Power indicator (or BOP) measures the strength of Lily Textile Co market sensitivity to bulls and bears. It estimates the ability of Lily Textile buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Lily Textile Balance of Power indicator one can determine a trend of the price direction.
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Lily Textile Trading Date Momentum

On January 31 2024 Lily Textile Co was traded for  28.55  at the closing time. The highest price during the trading period was 28.75  and the lowest recorded bid was listed for  28.50 . The volume for the day was 43.1 K. This history from January 31, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.21% . The trading delta at closing time to the current price is 0.69% .
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.
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Other Forecasting Options for Lily Textile

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

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

Lily Textile 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 Lily Textile'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 Lily Textile's current price.

Lily Textile Market Strength Events

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

Lily Textile Risk Indicators

The analysis of Lily Textile'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 Lily Textile's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting lily 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.

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 Lily Stock Analysis

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