Neogrid Participaes Stock Forecast - Price Action Indicator

NGRD3 Stock  BRL 27.40  0.33  1.22%   
Neogrid Stock Forecast is based on your current time horizon.
  
On November 28, 2024 Neogrid Participaes SA had Price Action Indicator of (1.17). Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.
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Neogrid Participaes Trading Date Momentum

On November 29 2024 Neogrid Participaes SA was traded for  27.40  at the closing time. The highest price during the trading period was 27.41  and the lowest recorded bid was listed for  26.14 . The volume for the day was 43.1 K. This history from November 29, 2024 contributed to the next trading day price appreciation. The trading delta at closing time to the next closing price was 1.22% . The trading delta at closing time to the current price is 2.48% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Other Forecasting Options for Neogrid Participaes

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

Neogrid Participaes 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 Neogrid Participaes stock to make a market-neutral strategy. Peer analysis of Neogrid Participaes could also be used in its relative valuation, which is a method of valuing Neogrid Participaes by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Neogrid Participaes 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 Neogrid Participaes' 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 Neogrid Participaes' current price.

Neogrid Participaes Market Strength Events

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

Neogrid Participaes Risk Indicators

The analysis of Neogrid Participaes' 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 Neogrid Participaes' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting neogrid 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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Neogrid Stock Analysis

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