On November 18, 2024 2Seventy Bio had Accumulation Distribution of 37684.26. The accumulation distribution (A/D) indicator shows the degree to which 2Seventy Bio is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of 2Seventy Bio to determine if accumulation or reduction is taking place in the market. This value is adjusted by 2Seventy Bio trading volume to give more weight to distributions with higher volume over lower volume.
On November 19 2024 2Seventy Bio was traded for 3.22 at the closing time. The top price for the day was 3.41 and the lowest listed price was 3.20 . The trading volume for the day was 351.1 K. The trading history from November 19, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 4.17% . The daily price change against the current closing price is 9.52% .
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
For every potential investor in 2Seventy, whether a beginner or expert, 2Seventy Bio's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. 2Seventy Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in 2Seventy. Basic forecasting techniques help filter out the noise by identifying 2Seventy Bio's price trends.
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 2Seventy Bio'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 2Seventy Bio's current price.
Market strength indicators help investors to evaluate how 2Seventy Bio stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading 2Seventy Bio shares will generate the highest return on investment. By undertsting and applying 2Seventy Bio stock market strength indicators, traders can identify 2Seventy Bio entry and exit signals to maximize returns.
The analysis of 2Seventy Bio'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 2Seventy Bio's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting 2seventy 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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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
When running 2Seventy Bio's price analysis, check to measure 2Seventy Bio'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 2Seventy Bio is operating at the current time. Most of 2Seventy Bio's value examination focuses on studying past and present price action to predict the probability of 2Seventy Bio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 2Seventy Bio's price. Additionally, you may evaluate how the addition of 2Seventy Bio to your portfolios can decrease your overall portfolio volatility.