Kuangda Technology Stock Forecast - Daily Balance Of Power

002516 Stock   5.68  0.07  1.25%   
Kuangda Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Kuangda Technology stock prices and determine the direction of Kuangda Technology Group's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Kuangda Technology's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Kuangda Technology's Total Current Liabilities is projected to decrease significantly based on the last few years of reporting. The current year's Cash is expected to grow to about 571.1 M, whereas Total Assets are forecasted to decline to about 3.8 B.
On May 23, 2023 Kuangda Technology Group had Daily Balance Of Power of (0.25). Balance of Power indicator (or BOP) measures the strength of Kuangda Technology Group market sensitivity to bulls and bears. It estimates the ability of Kuangda Technology buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Kuangda Technology Balance of Power indicator one can determine a trend of the price direction.
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Kuangda Technology Trading Date Momentum

On May 24 2023 Kuangda Technology Group was traded for  4.58  at the closing time. The highest price during the trading period was 4.63  and the lowest recorded bid was listed for  4.54 . The volume for the day was 5.6 M. This history from May 24, 2023 contributed to the next trading day price jump. The daily price change to the next closing price was 0.44% . The trading delta at closing time to the current price is 0.66% .
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 Kuangda Technology

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

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

Kuangda 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 Kuangda 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 Kuangda Technology's current price.

Kuangda Technology Market Strength Events

Market strength indicators help investors to evaluate how Kuangda 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 Kuangda Technology shares will generate the highest return on investment. By undertsting and applying Kuangda Technology stock market strength indicators, traders can identify Kuangda Technology Group entry and exit signals to maximize returns.

Kuangda Technology Risk Indicators

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

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