Tong Hsing Stock Forecast - Daily Balance Of Power

6271 Stock  TWD 128.00  1.50  1.16%   
Tong Stock Forecast is based on your current time horizon.
  
On November 27, 2024 Tong Hsing Electronic had Daily Balance Of Power of (0.57). Balance of Power indicator (or BOP) measures the strength of Tong Hsing Electronic market sensitivity to bulls and bears. It estimates the ability of Tong Hsing buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Tong Hsing Balance of Power indicator one can determine a trend of the price direction.
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Tong Hsing Trading Date Momentum

On November 27 2024 Tong Hsing Electronic was traded for  128.00  at the closing time. The highest price during the trading period was 131.50  and the lowest recorded bid was listed for  128.00 . The volume for the day was 1 M. This history from November 27, 2024 did not result in any price rise and fall. The trading price change to the current price is 1.56% .
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 Tong Hsing

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

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

Tong Hsing Electronic 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 Tong Hsing'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 Tong Hsing's current price.

Tong Hsing Market Strength Events

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

Tong Hsing Risk Indicators

The analysis of Tong Hsing'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 Tong Hsing's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting tong 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 Tong Stock Analysis

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