Sky ICT Stock Forecast - Daily Balance Of Power

SKY Stock  THB 24.00  0.30  1.23%   
Sky Stock Forecast is based on your current time horizon.
  
On June 21, 2023 Sky ICT Public had Daily Balance Of Power of 0.8621. Balance of Power indicator (or BOP) measures the strength of Sky ICT Public market sensitivity to bulls and bears. It estimates the ability of Sky ICT buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Sky ICT Balance of Power indicator one can determine a trend of the price direction.
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Sky ICT Trading Date Momentum

On June 22 2023 Sky ICT Public was traded for  23.90  at the closing time. The maximum traded price for the trading interval was 25.25  and the lowest daily price was  23.60 . The daily volume was recorded at 1.5 M. The volume of trading on 22nd of June 2023 played a part in the next trading day price drop. The trading price change to the next closing price was 5.35% . The trading price change to the closing price today is 6.53% .
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 Sky ICT

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

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

Sky ICT Public 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 Sky ICT'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 Sky ICT's current price.

Sky ICT Market Strength Events

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

Sky ICT Risk Indicators

The analysis of Sky ICT'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 Sky ICT's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sky 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 Sky Stock

Sky ICT financial ratios help investors to determine whether Sky 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 Sky with respect to the benefits of owning Sky ICT security.