Danone SA Stock Forecast - Price Action Indicator

BSN Stock  EUR 64.82  0.16  0.25%   
Danone Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Danone SA's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Danone SA has current Price Action Indicator of 0.18. 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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Danone SA Trading Date Momentum

On November 28 2024 Danone SA was traded for  64.82  at the closing time. The highest daily price throughout the period was 64.88  and the lowest price was  64.56 . The daily volume was 305. The net trading volume on 11/28/2024 did not affect price variability. The overall trading delta to current closing price is 0.09% .
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 Danone SA

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

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

Danone SA 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 Danone SA'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 Danone SA's current price.

Danone SA Market Strength Events

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

Danone SA Risk Indicators

The analysis of Danone SA'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 Danone SA's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting danone 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 Danone Stock

Danone SA financial ratios help investors to determine whether Danone 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 Danone with respect to the benefits of owning Danone SA security.