RHI Magnesita Stock Forecast - Price Action Indicator

RHIM Stock  EUR 37.60  0.40  1.08%   
RHI Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of RHI Magnesita's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
On December 17, 2024 RHI Magnesita NV had Price Action Indicator of 0.3. Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.
Check RHI Magnesita VolatilityBacktest RHI MagnesitaTrend Details  

RHI Magnesita Trading Date Momentum

On December 18 2024 RHI Magnesita NV was traded for  38.00  at the closing time. The highest price during the trading period was 38.40  and the lowest recorded bid was listed for  37.80 . The volume for the day was 1.6 K. This history from December 18, 2024 did not cause price change. The trading delta at closing time to the current price is 1.58% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
Compare RHI Magnesita to competition

Other Forecasting Options for RHI Magnesita

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

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

RHI Magnesita NV 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 RHI Magnesita'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 RHI Magnesita's current price.

RHI Magnesita Market Strength Events

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

RHI Magnesita Risk Indicators

The analysis of RHI Magnesita'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 RHI Magnesita's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting rhi 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.

Currently Active Assets on Macroaxis

Other Information on Investing in RHI Stock

RHI Magnesita financial ratios help investors to determine whether RHI 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 RHI with respect to the benefits of owning RHI Magnesita security.