Shenzhen Topway Stock Forecast - Price Action Indicator

002238 Stock   10.22  0.42  4.29%   
Shenzhen Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Shenzhen Topway stock prices and determine the direction of Shenzhen Topway Video's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Shenzhen Topway's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Shenzhen Topway's Retained Earnings are projected to increase significantly based on the last few years of reporting. The current year's Accounts Payable is expected to grow to about 668.3 M, whereas Total Assets are forecasted to decline to about 3.3 B.
On November 28, 2024 Shenzhen Topway Video had Price Action Indicator of (0.12). 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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Shenzhen Topway Trading Date Momentum

On November 29 2024 Shenzhen Topway Video was traded for  10.22  at the closing time. The highest price during the trading period was 10.47  and the lowest recorded bid was listed for  9.52 . The volume for the day was 58.2 M. This history from November 29, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 4.29% . The trading price change to the current price is 0.92% .
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 Shenzhen Topway

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

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

Shenzhen Topway Video 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 Shenzhen Topway'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 Shenzhen Topway's current price.

Shenzhen Topway Market Strength Events

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

Shenzhen Topway Risk Indicators

The analysis of Shenzhen Topway'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 Shenzhen Topway's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting shenzhen 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 Shenzhen Stock

Shenzhen Topway financial ratios help investors to determine whether Shenzhen 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 Shenzhen with respect to the benefits of owning Shenzhen Topway security.