Chongqing Gas Stock Forecast - Price Action Indicator

600917 Stock   6.39  0.01  0.16%   
Chongqing Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Chongqing Gas stock prices and determine the direction of Chongqing Gas Grp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Chongqing Gas' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Chongqing Gas' Other Liabilities is projected to decrease significantly based on the last few years of reporting. The current year's Accounts Payable is expected to grow to about 680.3 M, whereas Total Assets are forecasted to decline to about 8.8 B.
On December 4, 2024 Chongqing Gas Grp had Price Action Indicator of 0.02. 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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Chongqing Gas Trading Date Momentum

On December 04 2024 Chongqing Gas Grp was traded for  6.39  at the closing time. The highest price during the trading period was 6.42  and the lowest recorded bid was listed for  6.33 . There was no trading activity during the period 0.0. Lack of trading volume on December 4, 2024 did not affect price variability. The overall trading delta to the current price is 0.16% .
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 Chongqing Gas

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

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

Chongqing Gas Grp 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 Chongqing Gas' 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 Chongqing Gas' current price.

Chongqing Gas Market Strength Events

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

Chongqing Gas Risk Indicators

The analysis of Chongqing Gas' 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 Chongqing Gas' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting chongqing 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 Chongqing Stock

Chongqing Gas financial ratios help investors to determine whether Chongqing 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 Chongqing with respect to the benefits of owning Chongqing Gas security.