Rallye Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Rallye SA stock prices and determine the direction of Rallye SA's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Rallye SA's historical fundamentals, such as revenue growth or operating cash flow patterns.
Rallye
On October 30, 2024 Rallye SA had Accumulation Distribution of 0.22. The accumulation distribution (A/D) indicator shows the degree to which Rallye SA is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Rallye SA to determine if accumulation or reduction is taking place in the market. This value is adjusted by Rallye SA trading volume to give more weight to distributions with higher volume over lower volume.
On October 31 2024 Rallye SA was traded for 0.04 at the closing time. The maximum traded price for the trading interval was 0.05 and the lowest daily price was 0.04 . There was no trading activity during the period 1.0. Lack of trading volume on 31st of October 2024 did not cause price change. The trading delta at closing time to the closing price today is 3.63% .
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
For every potential investor in Rallye, whether a beginner or expert, Rallye SA's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Rallye Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Rallye. Basic forecasting techniques help filter out the noise by identifying Rallye SA's price trends.
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 Rallye SA stock to make a market-neutral strategy. Peer analysis of Rallye SA could also be used in its relative valuation, which is a method of valuing Rallye SA by comparing valuation metrics with similar companies.
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 Rallye SA'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 Rallye SA's current price.
Market strength indicators help investors to evaluate how Rallye SA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Rallye SA shares will generate the highest return on investment. By undertsting and applying Rallye SA stock market strength indicators, traders can identify Rallye SA entry and exit signals to maximize returns.
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.
Rallye SA financial ratios help investors to determine whether Rallye Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Rallye with respect to the benefits of owning Rallye SA security.