Nine Dragons Stock Forecast - Daily Balance Of Power

N3Y Stock  EUR 0.40  0.02  5.26%   
Nine Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Nine Dragons' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
On September 30, 2024 Nine Dragons Paper had Daily Balance Of Power of 1.0. Balance of Power indicator (or BOP) measures the strength of Nine Dragons Paper market sensitivity to bulls and bears. It estimates the ability of Nine Dragons buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Nine Dragons Balance of Power indicator one can determine a trend of the price direction.
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Nine Dragons Trading Date Momentum

On October 01 2024 Nine Dragons Paper was traded for  0.46  at the closing time. The highest daily price throughout the period was 0.46  and the lowest price was  0.46 . The daily volume was 16.5 K. The net trading volume on 10/01/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 4.17% . 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.
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Other Forecasting Options for Nine Dragons

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

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

Nine Dragons Market Strength Events

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

Nine Dragons Risk Indicators

The analysis of Nine Dragons' 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 Nine Dragons' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting nine 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 Nine Stock

Nine Dragons financial ratios help investors to determine whether Nine 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 Nine with respect to the benefits of owning Nine Dragons security.