Beijing Tongyizhong Stock Forecast - Price Action Indicator

688722 Stock   14.23  0.42  2.87%   
Beijing Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Beijing Tongyizhong stock prices and determine the direction of Beijing Tongyizhong New's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Beijing Tongyizhong's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Beijing Tongyizhong's Total Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Retained Earnings is expected to grow to about 322.2 M, whereas Total Assets are forecasted to decline to about 1 B.
On December 12, 2024 Beijing Tongyizhong New had Price Action Indicator of (0.32). 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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Beijing Tongyizhong Trading Date Momentum

On December 13 2024 Beijing Tongyizhong New was traded for  14.23  at the closing time. The highest price during the trading period was 14.75  and the lowest recorded bid was listed for  14.06 . There was no trading activity during the period 0.0. Lack of trading volume on December 13, 2024 did not affect price variability. The overall trading delta to the current price is 2.11% .
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 Beijing Tongyizhong

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

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

Beijing Tongyizhong New 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 Beijing Tongyizhong'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 Beijing Tongyizhong's current price.

Beijing Tongyizhong Market Strength Events

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

Beijing Tongyizhong Risk Indicators

The analysis of Beijing Tongyizhong'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 Beijing Tongyizhong's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting beijing 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 Beijing Stock

Beijing Tongyizhong financial ratios help investors to determine whether Beijing 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 Beijing with respect to the benefits of owning Beijing Tongyizhong security.