TELE2 -B- Stock Forecast - Period Momentum Indicator

NCYD Stock  EUR 9.51  0.00  0.00%   
TELE2 Stock Forecast is based on your current time horizon.
  
On December 16, 2024 TELE2 B had Period Momentum Indicator of (0.27). Momentum indicator evaluates the difference between todays closing price and the close price n periods ago. It is the velocity with which the price is rising or falling. It also reflects how aggressively the asset is purchased or sold by the public.
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TELE2 -B- Trading Date Momentum

On December 17 2024 TELE2 B was traded for  9.85  at the closing time. The highest price during the trading period was 9.85  and the lowest recorded bid was listed for  9.85 . There was no trading activity during the period 1.0. Lack of trading volume on December 17, 2024 contributed to the next trading day price appreciation. The trading delta at closing time to the next closing price was 0.72% . The trading price change to the current price is 2.97% .
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
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TELE2 -B- 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 TELE2 -B- stock to make a market-neutral strategy. Peer analysis of TELE2 -B- could also be used in its relative valuation, which is a method of valuing TELE2 -B- by comparing valuation metrics with similar companies.
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TELE2 -B- Market Strength Events

Market strength indicators help investors to evaluate how TELE2 -B- stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading TELE2 -B- shares will generate the highest return on investment. By undertsting and applying TELE2 -B- stock market strength indicators, traders can identify TELE2 B entry and exit signals to maximize returns.

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Additional Tools for TELE2 Stock Analysis

When running TELE2 -B-'s price analysis, check to measure TELE2 -B-'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 TELE2 -B- is operating at the current time. Most of TELE2 -B-'s value examination focuses on studying past and present price action to predict the probability of TELE2 -B-'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TELE2 -B-'s price. Additionally, you may evaluate how the addition of TELE2 -B- to your portfolios can decrease your overall portfolio volatility.