Datang Telecom Stock Forecast - Price Action Indicator

600198 Stock   10.42  0.09  0.87%   
Datang Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Datang Telecom stock prices and determine the direction of Datang Telecom Technology's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Datang Telecom's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Datang Telecom's Cash is projected to decrease significantly based on the last few years of reporting. The current year's Short Term Investments is expected to grow to about 40 M, whereas Total Assets are forecasted to decline to about 2.7 B.
On November 25, 2024 Datang Telecom Technology had Price Action Indicator of (0.05). 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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Datang Telecom Trading Date Momentum

On November 26 2024 Datang Telecom Technology was traded for  10.31  at the closing time. The highest price during the trading period was 10.76  and the lowest recorded bid was listed for  10.28 . The volume for the day was 38.5 M. This history from November 26, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.29% . The overall trading delta to the current price is 0.68% .
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 Datang Telecom

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

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

Datang Telecom 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 Datang Telecom'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 Datang Telecom's current price.

Datang Telecom Market Strength Events

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

Datang Telecom Risk Indicators

The analysis of Datang Telecom'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 Datang Telecom's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting datang 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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Other Information on Investing in Datang Stock

Datang Telecom financial ratios help investors to determine whether Datang 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 Datang with respect to the benefits of owning Datang Telecom security.