REC Silicon Stock Forecast - Daily Balance Of Power

RECSI Stock  NOK 4.20  0.03  0.72%   
REC Stock Forecast is based on your current time horizon.
  
On September 16, 2024 REC Silicon ASA had Daily Balance Of Power of 0.7692. Balance of Power indicator (or BOP) measures the strength of REC Silicon ASA market sensitivity to bulls and bears. It estimates the ability of REC Silicon buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring REC Silicon Balance of Power indicator one can determine a trend of the price direction.
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REC Silicon Trading Date Momentum

On September 17 2024 REC Silicon ASA was traded for  8.19  at the closing time. The highest price during the trading period was 9.09  and the lowest recorded bid was listed for  7.93 . The volume for the day was 11 M. This history from September 17, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.73% . The trading delta at closing time to the current price is 13.82% .
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 REC Silicon

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

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

REC Silicon ASA 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 REC Silicon'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 REC Silicon's current price.

REC Silicon Market Strength Events

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

REC Silicon Risk Indicators

The analysis of REC Silicon'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 REC Silicon's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting rec 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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Other Information on Investing in REC Stock

REC Silicon financial ratios help investors to determine whether REC 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 REC with respect to the benefits of owning REC Silicon security.