Shanxi Xishan Stock Forecast - Price Action Indicator

000983 Stock   8.14  0.01  0.12%   
Shanxi Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Shanxi Xishan stock prices and determine the direction of Shanxi Xishan Coal's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Shanxi Xishan's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Shanxi Xishan's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Total Stockholder Equity is expected to grow to about 39.5 B, whereas Other Current Liabilities is forecasted to decline to about 253.8 M.
Shanxi Xishan Coal has current Price Action Indicator of 0.03. 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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Shanxi Xishan Trading Date Momentum

On December 01 2024 Shanxi Xishan Coal was traded for  8.14  at the closing time. The highest price during the trading period was 8.18  and the lowest recorded bid was listed for  8.05 . There was no trading activity during the period 0.0. Lack of trading volume on December 1, 2024 did not result in any price rise and fall. The trading price change to the current price is 0.49% .
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 Shanxi Xishan

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

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

Shanxi Xishan Coal 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 Shanxi Xishan'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 Shanxi Xishan's current price.

Shanxi Xishan Market Strength Events

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

Shanxi Xishan Risk Indicators

The analysis of Shanxi Xishan'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 Shanxi Xishan's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting shanxi 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 Shanxi Stock

Shanxi Xishan financial ratios help investors to determine whether Shanxi 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 Shanxi with respect to the benefits of owning Shanxi Xishan security.