PNM Old Stock Forecast - Daily Balance Of Power
| PNMDelisted Stock | USD 43.25 0.21 0.48% |
PNM Stock Forecast is based on your current time horizon.
PNM |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.84) | 0.375 |
| Check PNM Old Volatility | Backtest PNM Old | Trend Details |
PNM Old Trading Date Momentum
| On December 29 2023 PNM Old was traded for 40.33 at the closing time. Highest PNM Old's price during the trading hours was 40.40 and the lowest price during the day was 40.24 . The net volume was 454.4 K. The overall trading history on the 29th of December contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 0.07% . The trading delta at closing time to current price is 7.19% . |
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 PNM Old to competition
PNM Old 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 PNM Old stock to make a market-neutral strategy. Peer analysis of PNM Old could also be used in its relative valuation, which is a method of valuing PNM Old by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
PNM Old Market Strength Events
Market strength indicators help investors to evaluate how PNM Old stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading PNM Old shares will generate the highest return on investment. By undertsting and applying PNM Old stock market strength indicators, traders can identify PNM Old entry and exit signals to maximize returns.
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Other Consideration for investing in PNM Stock
If you are still planning to invest in PNM Old check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the PNM Old's history and understand the potential risks before investing.
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