Investors can use prediction functions to forecast GRUPO ECOENER's stock prices and determine the direction of GRUPO ECOENER EO's future trends based on various well-known forecasting models. However, exclusively looking at the historical price movement is usually misleading. We recommend always using this module together with an analysis of GRUPO ECOENER's historical fundamentals, such as revenue growth or operating cash flow patterns. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
GRUPO
On December 12, 2024 GRUPO ECOENER EO had Price Action Indicator of 0.33. 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.
On December 13 2024 GRUPO ECOENER EO was traded for 4.30 at the closing time. The highest daily price throughout the period was 4.37 and the lowest price was 4.10 . The daily volume was 485. The net trading volume on 12/13/2024 added to the next day price reduction. The daily price change to closing price of the next trading day was 1.60% . The overall trading delta to current closing price is 7.78% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
For every potential investor in GRUPO, whether a beginner or expert, GRUPO ECOENER's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. GRUPO Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in GRUPO. Basic forecasting techniques help filter out the noise by identifying GRUPO ECOENER's price trends.
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 GRUPO ECOENER stock to make a market-neutral strategy. Peer analysis of GRUPO ECOENER could also be used in its relative valuation, which is a method of valuing GRUPO ECOENER by comparing valuation metrics with similar companies.
GRUPO ECOENER EO 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 GRUPO ECOENER'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 GRUPO ECOENER's current price.
Market strength indicators help investors to evaluate how GRUPO ECOENER stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading GRUPO ECOENER shares will generate the highest return on investment. By undertsting and applying GRUPO ECOENER stock market strength indicators, traders can identify GRUPO ECOENER EO entry and exit signals to maximize returns.
The analysis of GRUPO ECOENER'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 GRUPO ECOENER's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting grupo 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.