Gaztransport Technigaz Stock Forecast - Period Momentum Indicator

9TG Stock  EUR 141.40  0.40  0.28%   
Gaztransport Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Gaztransport Technigaz's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
On November 21, 2024 Gaztransport Technigaz SA had Period Momentum Indicator of (0.20). Momentum indicator evaluates the difference between todays closing price and the close price n periods ago. It is the velocity with which the price is rising or falling. It also reflects how aggressively the asset is purchased or sold by the public.
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Gaztransport Technigaz Trading Date Momentum

On November 22 2024 Gaztransport Technigaz SA was traded for  141.40  at the closing time. The highest daily price throughout the period was 141.40  and the lowest price was  141.40 . The daily volume was 120. The net trading volume on 11/22/2024 added to the next day price reduction. The daily price change to closing price of the next trading day was 0.14% . The overall trading delta to current closing price is 0.14% .
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
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Other Forecasting Options for Gaztransport Technigaz

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

Gaztransport Technigaz 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 Gaztransport Technigaz stock to make a market-neutral strategy. Peer analysis of Gaztransport Technigaz could also be used in its relative valuation, which is a method of valuing Gaztransport Technigaz by comparing valuation metrics with similar companies.
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Gaztransport Technigaz 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 Gaztransport Technigaz'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 Gaztransport Technigaz's current price.

Gaztransport Technigaz Market Strength Events

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

Gaztransport Technigaz Risk Indicators

The analysis of Gaztransport Technigaz'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 Gaztransport Technigaz's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting gaztransport 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 Gaztransport Stock

Gaztransport Technigaz financial ratios help investors to determine whether Gaztransport 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 Gaztransport with respect to the benefits of owning Gaztransport Technigaz security.