Hollysys Automation Stock Forecast - Daily Balance Of Power

HOLIDelisted Stock  USD 26.42  0.00  0.00%   
Hollysys Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Hollysys Automation's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
On June 9, 2023 Hollysys Automation Technologies had Daily Balance Of Power of 0.25. Balance of Power indicator (or BOP) measures the strength of Hollysys Automation Technologies market sensitivity to bulls and bears. It estimates the ability of Hollysys Automation buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Hollysys Automation Balance of Power indicator one can determine a trend of the price direction.
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Hollysys Automation Trading Date Momentum

On June 12 2023 Hollysys Automation Technologies was traded for  17.53  at the closing time. The top price for the day was 17.93  and the lowest listed price was  17.51 . The trading volume for the day was 240.7 K. The trading history from June 12, 2023 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 1.85% . The trading delta at closing time against the current closing price is 3.36% .
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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Hollysys Automation 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 Hollysys Automation stock to make a market-neutral strategy. Peer analysis of Hollysys Automation could also be used in its relative valuation, which is a method of valuing Hollysys Automation by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Hollysys Automation Market Strength Events

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

Hollysys Automation Risk Indicators

The analysis of Hollysys Automation'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 Hollysys Automation's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting hollysys 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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Check out Risk vs Return Analysis 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 bureau of economic analysis.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

Other Consideration for investing in Hollysys Stock

If you are still planning to invest in Hollysys Automation check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Hollysys Automation's history and understand the potential risks before investing.
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