Elnusa Tbk Stock Forecast - Daily Balance Of Power

ELSA Stock  IDR 444.00  4.00  0.89%   
Elnusa Stock Forecast is based on your current time horizon.
  
On November 25, 2024 Elnusa Tbk had Daily Balance Of Power of (0.20). Balance of Power indicator (or BOP) measures the strength of Elnusa Tbk market sensitivity to bulls and bears. It estimates the ability of Elnusa Tbk buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Elnusa Tbk Balance of Power indicator one can determine a trend of the price direction.
Check Elnusa Tbk VolatilityBacktest Elnusa TbkTrend Details  

Elnusa Tbk Trading Date Momentum

On November 26 2024 Elnusa Tbk was traded for  448.00  at the closing time. The highest price during the trading period was 456.00  and the lowest recorded bid was listed for  444.00 . The volume for the day was 14.9 M. This history from November 26, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.75% . The overall trading delta to the current price is 1.32% .
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.
Compare Elnusa Tbk to competition

Other Forecasting Options for Elnusa Tbk

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

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

Elnusa Tbk 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 Elnusa Tbk'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 Elnusa Tbk's current price.

Elnusa Tbk Market Strength Events

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

Elnusa Tbk Risk Indicators

The analysis of Elnusa Tbk'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 Elnusa Tbk's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting elnusa 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.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

Other Information on Investing in Elnusa Stock

Elnusa Tbk financial ratios help investors to determine whether Elnusa 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 Elnusa with respect to the benefits of owning Elnusa Tbk security.