Shanghai Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Shanghai Rongtai stock prices and determine the direction of Shanghai Rongtai Health's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Shanghai Rongtai's historical fundamentals, such as revenue growth or operating cash flow patterns.
Shanghai
On December 20, 2024 Shanghai Rongtai Health had Accumulation Distribution of 105164.0. The accumulation distribution (A/D) indicator shows the degree to which Shanghai Rongtai is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Shanghai Rongtai Health to determine if accumulation or reduction is taking place in the market. This value is adjusted by Shanghai Rongtai trading volume to give more weight to distributions with higher volume over lower volume.
On December 23 2024 Shanghai Rongtai Health was traded for 14.65 at the closing time. The highest price during the trading period was 15.65 and the lowest recorded bid was listed for 14.62 . The volume for the day was 3.3 M. This history from December 23, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 4.87% . The trading price change to the current price is 2.60% .
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
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 Shanghai Rongtai stock to make a market-neutral strategy. Peer analysis of Shanghai Rongtai could also be used in its relative valuation, which is a method of valuing Shanghai Rongtai by comparing valuation metrics with similar companies.
Market strength indicators help investors to evaluate how Shanghai Rongtai stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shanghai Rongtai shares will generate the highest return on investment. By undertsting and applying Shanghai Rongtai stock market strength indicators, traders can identify Shanghai Rongtai Health entry and exit signals to maximize returns.
Shanghai Rongtai financial ratios help investors to determine whether Shanghai 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 Shanghai with respect to the benefits of owning Shanghai Rongtai security.