Guangdong Skychem Stock Forecast - Price Action Indicator

688603 Stock   128.22  0.02  0.02%   
Guangdong Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Guangdong Skychem stock prices and determine the direction of Guangdong Skychem Technology's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Guangdong Skychem's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Guangdong Skychem Technology 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.
Check Guangdong Skychem VolatilityBacktest Guangdong SkychemInformation Ratio  

Guangdong Skychem Trading Date Momentum

On December 23 2024 Guangdong Skychem Technology was traded for  128.22  at the closing time. The highest price during the trading period was 130.69  and the lowest recorded bid was listed for  125.40 . There was no trading activity during the period 0.0. Lack of trading volume on December 23, 2024 did not cause price change. The overall trading delta to the current price is 0.72% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
Compare Guangdong Skychem to competition

Other Forecasting Options for Guangdong Skychem

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

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

Guangdong Skychem 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 Guangdong Skychem'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 Guangdong Skychem's current price.

Guangdong Skychem Market Strength Events

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

Guangdong Skychem Risk Indicators

The analysis of Guangdong Skychem'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 Guangdong Skychem's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting guangdong 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.

Currently Active Assets on Macroaxis

Other Information on Investing in Guangdong Stock

Guangdong Skychem financial ratios help investors to determine whether Guangdong 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 Guangdong with respect to the benefits of owning Guangdong Skychem security.