Sharps Technology Stock Forecast - Period Momentum Indicator

STSS Stock  USD 3.97  0.12  3.12%   
Sharps Stock Forecast is based on your current time horizon.
  
Payables Turnover is likely to gain to 1.18 in 2024, whereas Inventory Turnover is likely to drop 0.50 in 2024. . Common Stock Shares Outstanding is likely to drop to about 10.7 M in 2024. Net Loss is likely to drop to about (4.4 M) in 2024.
On November 22, 2024 Sharps Technology had Period Momentum Indicator of 0.5. Momentum indicator evaluates the difference between todays closing price and the close price n periods ago. It is the velocity with which the price is rising or falling. It also reflects how aggressively the asset is purchased or sold by the public.
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Sharps Technology Trading Date Momentum

On November 25 2024 Sharps Technology was traded for  3.53  at the closing time. The top price for the day was 3.60  and the lowest listed price was  3.32 . The trading volume for the day was 24.6 K. The trading history from November 25, 2024 was a factor to the next trading day price appreciation. The trading price change against the next closing price was 1.73% . The trading price change against the current closing price is 16.43% .
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
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Other Forecasting Options for Sharps Technology

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

Sharps Technology 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 Sharps Technology stock to make a market-neutral strategy. Peer analysis of Sharps Technology could also be used in its relative valuation, which is a method of valuing Sharps Technology by comparing valuation metrics with similar companies.
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Sharps Technology 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 Sharps Technology'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 Sharps Technology's current price.

Sharps Technology Market Strength Events

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

Sharps Technology Risk Indicators

The analysis of Sharps Technology'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 Sharps Technology's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sharps 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.

Thematic Opportunities

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Additional Tools for Sharps Stock Analysis

When running Sharps Technology's price analysis, check to measure Sharps Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sharps Technology is operating at the current time. Most of Sharps Technology's value examination focuses on studying past and present price action to predict the probability of Sharps Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sharps Technology's price. Additionally, you may evaluate how the addition of Sharps Technology to your portfolios can decrease your overall portfolio volatility.