LyondellBasell Industries Stock Forecast - Daily Balance Of Power

DLY Stock  EUR 79.10  0.20  0.25%   
LyondellBasell Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of LyondellBasell Industries' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
On July 30, 2024 LyondellBasell Industries NV had Daily Balance Of Power of 0. Balance of Power indicator (or BOP) measures the strength of LyondellBasell Industries NV market sensitivity to bulls and bears. It estimates the ability of LyondellBasell Industries buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring LyondellBasell Industries Balance of Power indicator one can determine a trend of the price direction.
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LyondellBasell Industries Trading Date Momentum

On July 31 2024 LyondellBasell Industries NV was traded for  88.84  at the closing time. The highest daily price throughout the period was 88.84  and the lowest price was  88.84 . There was no trading activity during the period 1.0. Lack of trading volume on 07/31/2024 added to the next day price rise. The overall trading delta to closing price of the next trading day was 0.81% . The trading delta at closing time to current closing price is 4.13% .
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 LyondellBasell Industries

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

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

LyondellBasell Industries 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 LyondellBasell Industries' 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 LyondellBasell Industries' current price.

LyondellBasell Industries Market Strength Events

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

LyondellBasell Industries Risk Indicators

The analysis of LyondellBasell Industries' 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 LyondellBasell Industries' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting lyondellbasell 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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Additional Information and Resources on Investing in LyondellBasell Stock

When determining whether LyondellBasell Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of LyondellBasell Industries' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Lyondellbasell Industries Nv Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lyondellbasell Industries Nv Stock:
Check out Historical Fundamental Analysis of LyondellBasell Industries to cross-verify your projections.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Please note, there is a significant difference between LyondellBasell Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if LyondellBasell Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LyondellBasell Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.