Sono Group Stock Forecast - Daily Balance Of Power

SEVDelisted Stock  USD 0.13  0.13  11,718%   
Sono Stock Forecast is based on your current time horizon.
  
On June 20, 2023 Sono Group NV had Daily Balance Of Power of (0.50). Balance of Power indicator (or BOP) measures the strength of Sono Group NV market sensitivity to bulls and bears. It estimates the ability of Sono Group buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Sono Group Balance of Power indicator one can determine a trend of the price direction.
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Sono Group Trading Date Momentum

On June 21 2023 Sono Group NV was traded for  0.28  at the closing time. Highest Sono Group's price during the trading hours was 0.31  and the lowest price during the day was  0.27 . The net volume was 1.5 M. The overall trading history on the 21st of June contributed to the next trading period price depreciation. The trading price change to the next next day price was 6.67% . The trading price change to current price is 6.67% .
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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Sono Group 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 Sono Group stock to make a market-neutral strategy. Peer analysis of Sono Group could also be used in its relative valuation, which is a method of valuing Sono Group by comparing valuation metrics with similar companies.
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Sono Group Market Strength Events

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

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Other Consideration for investing in Sono Stock

If you are still planning to invest in Sono Group NV 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 Sono Group's history and understand the potential risks before investing.
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