KION Group Stock Forecast - Daily Balance Of Power

KGX Stock  EUR 35.74  0.42  1.19%   
KION Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of KION Group's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
On September 9, 2024 KION Group AG had Daily Balance Of Power of (0.58). Balance of Power indicator (or BOP) measures the strength of KION Group AG market sensitivity to bulls and bears. It estimates the ability of KION Group buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring KION Group Balance of Power indicator one can determine a trend of the price direction.
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KION Group Trading Date Momentum

On September 10 2024 KION Group AG was traded for  30.63  at the closing time. The highest daily price throughout the period was 31.12  and the lowest price was  30.63 . The daily volume was 381. The net trading volume on 09/10/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 1.86% . The trading delta at closing time to current closing price is 4.20% .
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 KION Group

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

KION Group 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 KION Group stock to make a market-neutral strategy. Peer analysis of KION Group could also be used in its relative valuation, which is a method of valuing KION Group by comparing valuation metrics with similar companies.
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KION Group AG 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 KION Group'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 KION Group's current price.

KION Group Market Strength Events

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

KION Group Risk Indicators

The analysis of KION Group'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 KION Group's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting kion 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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Other Information on Investing in KION Stock

KION Group financial ratios help investors to determine whether KION 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 KION with respect to the benefits of owning KION Group security.