HIVE Blockchain Stock Forecast - Price Action Indicator

HIVE Stock  CAD 5.20  0.31  5.63%   
HIVE Stock Forecast is based on your current time horizon.
  
Payables Turnover is likely to climb to 12.62 in 2024, whereas Inventory Turnover is likely to drop 0.44 in 2024. . Common Stock Shares Outstanding is likely to climb to about 94.5 M in 2024. Net Income Applicable To Common Shares is likely to climb to about 96.1 M in 2024.
On November 25, 2024 HIVE Blockchain Technologies had Price Action Indicator of (0.22). 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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HIVE Blockchain Trading Date Momentum

On November 26 2024 HIVE Blockchain Technologies was traded for  5.20  at the closing time. The maximum traded price for the trading interval was 5.56  and the lowest daily price was  5.14 . The daily volume was recorded at 916.2 K. The volume of trading on 26th of November 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 5.63% . The trading delta at closing time to the closing price today is 2.00% .
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 HIVE Blockchain

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

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

HIVE Blockchain Tech 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 HIVE Blockchain'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 HIVE Blockchain's current price.

HIVE Blockchain Market Strength Events

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

HIVE Blockchain Risk Indicators

The analysis of HIVE Blockchain'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 HIVE Blockchain's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting hive 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.

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for HIVE Stock Analysis

When running HIVE Blockchain's price analysis, check to measure HIVE Blockchain's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy HIVE Blockchain is operating at the current time. Most of HIVE Blockchain's value examination focuses on studying past and present price action to predict the probability of HIVE Blockchain's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HIVE Blockchain's price. Additionally, you may evaluate how the addition of HIVE Blockchain to your portfolios can decrease your overall portfolio volatility.