OncoCyte Corp Stock Forecast - Daily Balance Of Power

OCX Stock  USD 2.39  0.11  4.40%   
OncoCyte Stock Forecast is based on your current time horizon.
  
At this time, OncoCyte Corp's Payables Turnover is fairly stable compared to the past year. Receivables Turnover is likely to rise to 4.11 in 2024, whereas Inventory Turnover is likely to drop 0.50 in 2024. . Common Stock Shares Outstanding is likely to rise to about 8 M in 2024, despite the fact that Net Loss is likely to grow to (62.8 M).
On August 11, 2023 OncoCyte Corp had Daily Balance Of Power of (0.08). Balance of Power indicator (or BOP) measures the strength of OncoCyte Corp market sensitivity to bulls and bears. It estimates the ability of OncoCyte Corp buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring OncoCyte Corp Balance of Power indicator one can determine a trend of the price direction.
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OncoCyte Corp Trading Date Momentum

On August 14 2023 OncoCyte Corp was traded for  3.42  at the closing time. Highest OncoCyte Corp's price during the trading hours was 3.49  and the lowest price during the day was  3.37 . The net volume was 27 K. The overall trading history on the 14th of August 2023 contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 2.01% . The trading delta at closing time to current price is 5.44% .
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 OncoCyte Corp

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

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OncoCyte Corp 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 OncoCyte Corp'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 OncoCyte Corp's current price.

OncoCyte Corp Market Strength Events

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

OncoCyte Corp Risk Indicators

The analysis of OncoCyte Corp'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 OncoCyte Corp's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting oncocyte 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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Additional Tools for OncoCyte Stock Analysis

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