Jerónimo Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Jerónimo Martins' historical fundamentals, such as revenue growth or operating cash flow patterns.
Jerónimo
On June 20, 2024 Jernimo Martins SGPS had Daily Balance Of Power of 0. Balance of Power indicator (or BOP) measures the strength of Jernimo Martins SGPS market sensitivity to bulls and bears. It estimates the ability of Jerónimo Martins buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Jerónimo Martins Balance of Power indicator one can determine a trend of the price direction.
On June 21 2024 Jernimo Martins SGPS was traded for 19.23 at the closing time. The highest daily price throughout the period was 19.23 and the lowest price was 19.23 . There was no trading activity during the period 1.0. Lack of trading volume on 06/21/2024 did not cause price change. The trading delta at closing time to current closing price is 0.00% .
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.
For every potential investor in Jerónimo, whether a beginner or expert, Jerónimo Martins' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Jerónimo Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Jerónimo. Basic forecasting techniques help filter out the noise by identifying Jerónimo Martins' price trends.
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 Jerónimo Martins pink sheet to make a market-neutral strategy. Peer analysis of Jerónimo Martins could also be used in its relative valuation, which is a method of valuing Jerónimo Martins by comparing valuation metrics with similar companies.
Jernimo Martins SGPS Technical and Predictive Analytics
The pink sheet market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Jerónimo Martins' 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 Jerónimo Martins' current price.
Market strength indicators help investors to evaluate how Jerónimo Martins pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Jerónimo Martins shares will generate the highest return on investment. By undertsting and applying Jerónimo Martins pink sheet market strength indicators, traders can identify Jernimo Martins SGPS entry and exit signals to maximize returns.
Other Information on Investing in Jerónimo Pink Sheet
Jerónimo Martins financial ratios help investors to determine whether Jerónimo Pink Sheet 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 Jerónimo with respect to the benefits of owning Jerónimo Martins security.