Technip Energies Stock Forecast - Daily Balance Of Power

TE Stock  EUR 22.88  0.90  3.78%   
Technip Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Technip Energies stock prices and determine the direction of Technip Energies BV's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Technip Energies' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
On October 9, 2024 Technip Energies BV had Daily Balance Of Power of 0.2353. Balance of Power indicator (or BOP) measures the strength of Technip Energies BV market sensitivity to bulls and bears. It estimates the ability of Technip Energies buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Technip Energies Balance of Power indicator one can determine a trend of the price direction.
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Technip Energies Trading Date Momentum

On October 10 2024 Technip Energies BV was traded for  20.92  at the closing time. The highest daily price throughout the period was 21.10  and the lowest price was  20.88 . The daily volume was 149.1 K. The net trading volume on 10/10/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 0.10% . The trading price change to current closing price is 0.29% .
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 Technip Energies

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

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

Technip Energies 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 Technip Energies' 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 Technip Energies' current price.

Technip Energies Market Strength Events

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

Technip Energies Risk Indicators

The analysis of Technip Energies' 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 Technip Energies' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting technip 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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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 Technip Stock

Technip Energies financial ratios help investors to determine whether Technip 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 Technip with respect to the benefits of owning Technip Energies security.