Proact IT Stock Forecast - Daily Balance Of Power

PACT Stock  SEK 132.40  2.00  1.49%   
Proact Stock Forecast is based on your current time horizon.
  
On September 12, 2024 Proact IT Group had Daily Balance Of Power of 0.6667. Balance of Power indicator (or BOP) measures the strength of Proact IT Group market sensitivity to bulls and bears. It estimates the ability of Proact IT buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Proact IT Balance of Power indicator one can determine a trend of the price direction.
Check Proact IT VolatilityBacktest Proact ITTrend Details  

Proact IT Trading Date Momentum

On September 13 2024 Proact IT Group was traded for  155.00  at the closing time. The highest price during the trading period was 157.00  and the lowest recorded bid was listed for  153.40 . The volume for the day was 16.5 K. This history from September 13, 2024 contributed to the next trading day price appreciation. The trading delta at closing time to the next closing price was 1.04% . The trading delta at closing time to the current price is 1.43% .
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.
Compare Proact IT to competition

Other Forecasting Options for Proact IT

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

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

Proact IT Group 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 Proact IT'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 Proact IT's current price.

Proact IT Market Strength Events

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

Proact IT Risk Indicators

The analysis of Proact IT'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 Proact IT's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting proact 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.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Proact Stock Analysis

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