Northland Power Stock Forecast - Price Action Indicator

1NR Stock  EUR 12.14  0.17  1.42%   
Northland Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Northland Power's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Northland Power has current Price Action Indicator of 0.19. 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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Northland Power Trading Date Momentum

On December 21 2024 Northland Power was traded for  12.14  at the closing time. The highest daily price throughout the period was 12.14  and the lowest price was  11.94 . There was no trading activity during the period 0.0. Lack of trading volume on 12/21/2024 did not cause price change. The trading delta at closing time to current closing price is 1.65% .
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 Northland Power

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

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

Northland Power 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 Northland Power'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 Northland Power's current price.

Northland Power Market Strength Events

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

Northland Power Risk Indicators

The analysis of Northland Power'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 Northland Power's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting northland 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 Northland Stock

Northland Power financial ratios help investors to determine whether Northland 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 Northland with respect to the benefits of owning Northland Power security.