Tong Hua Stock Forecast - Daily Balance Of Power

TH Stock  THB 0.73  0.01  1.39%   
Tong Stock Forecast is based on your current time horizon.
  
On October 6, 2023 Tong Hua Holding had Daily Balance Of Power of (0.50). Balance of Power indicator (or BOP) measures the strength of Tong Hua Holding market sensitivity to bulls and bears. It estimates the ability of Tong Hua buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Tong Hua Balance of Power indicator one can determine a trend of the price direction.
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Tong Hua Trading Date Momentum

On October 09 2023 Tong Hua Holding was traded for  1.19  at the closing time. The highest daily price throughout the period was 1.22  and the lowest price was  1.12 . The daily volume was 9.5 M. The net trading volume on 10/09/2023 added to the next day price upswing. The trading price change to closing price of the next trading day was 1.71% . The trading price change to current closing price is 2.56% .
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 Tong Hua

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

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

Tong Hua Market Strength Events

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

Tong Hua Risk Indicators

The analysis of Tong Hua'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 Tong Hua's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting tong 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 Tong Stock

Tong Hua financial ratios help investors to determine whether Tong 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 Tong with respect to the benefits of owning Tong Hua security.