JCET Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast JCET Group stock prices and determine the direction of JCET Group Co's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of JCET Group's historical fundamentals, such as revenue growth or operating cash flow patterns.
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On April 18, 2024 JCET Group Co had Daily Balance Of Power of 0.253. Balance of Power indicator (or BOP) measures the strength of JCET Group Co market sensitivity to bulls and bears. It estimates the ability of JCET Group buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring JCET Group Balance of Power indicator one can determine a trend of the price direction.
On April 19 2024 JCET Group Co was traded for 24.54 at the closing time. The highest price during the trading period was 25.36 and the lowest recorded bid was listed for 24.36 . The volume for the day was 34 M. This history from April 19, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 3.95% . The trading delta at closing time to the current price is 5.48% .
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.
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 JCET Group stock to make a market-neutral strategy. Peer analysis of JCET Group could also be used in its relative valuation, which is a method of valuing JCET Group by comparing valuation metrics with similar companies.
Market strength indicators help investors to evaluate how JCET Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading JCET Group shares will generate the highest return on investment. By undertsting and applying JCET Group stock market strength indicators, traders can identify JCET Group Co entry and exit signals to maximize returns.
JCET Group financial ratios help investors to determine whether JCET 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 JCET with respect to the benefits of owning JCET Group security.