Sopra Steria Stock Forecast - Price Action Indicator

SOP Stock  EUR 165.50  1.40  0.84%   
Sopra Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Sopra Steria stock prices and determine the direction of Sopra Steria Group's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Sopra Steria's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
On December 16, 2024 Sopra Steria Group had Price Action Indicator of (0.20). 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.
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Sopra Steria Trading Date Momentum

On December 17 2024 Sopra Steria Group was traded for  165.50  at the closing time. The maximum traded price for the trading interval was 167.40  and the lowest daily price was  165.10 . The daily volume was recorded at 43.5 K. The volume of trading on 17th of December 2024 played a part in the next trading day price drop. The trading price change to the next closing price was 0.84% . The trading price change to the closing price today is 0.54% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Other Forecasting Options for Sopra Steria

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

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

Sopra Steria Group 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 Sopra Steria'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 Sopra Steria's current price.

Sopra Steria Market Strength Events

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

Sopra Steria Risk Indicators

The analysis of Sopra Steria'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 Sopra Steria's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sopra 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.

Also Currently Popular

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.

Other Information on Investing in Sopra Stock

Sopra Steria financial ratios help investors to determine whether Sopra 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 Sopra with respect to the benefits of owning Sopra Steria security.