NAURA Technology Stock Forecast - Daily Balance Of Power

002371 Stock   412.30  7.02  1.73%   
NAURA Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast NAURA Technology stock prices and determine the direction of NAURA Technology Group's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of NAURA Technology's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, NAURA Technology's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Short and Long Term Debt Total is expected to grow to about 8.4 B, whereas Net Debt is projected to grow to (4.2 B).
On August 23, 2024 NAURA Technology Group had Daily Balance Of Power of (0.51). Balance of Power indicator (or BOP) measures the strength of NAURA Technology Group market sensitivity to bulls and bears. It estimates the ability of NAURA Technology buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring NAURA Technology Balance of Power indicator one can determine a trend of the price direction.
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NAURA Technology Trading Date Momentum

On August 26 2024 NAURA Technology Group was traded for  303.61  at the closing time. The highest price during the trading period was 304.93  and the lowest recorded bid was listed for  300.50 . The volume for the day was 3.5 M. This history from August 26, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.65% . The trading delta at closing time to the current price is 0.55% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for NAURA Technology

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

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

NAURA Technology 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 NAURA Technology'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 NAURA Technology's current price.

NAURA Technology Market Strength Events

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

NAURA Technology Risk Indicators

The analysis of NAURA Technology'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 NAURA Technology's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting naura 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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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 NAURA Stock

NAURA Technology financial ratios help investors to determine whether NAURA 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 NAURA with respect to the benefits of owning NAURA Technology security.