Shihlin Electric Stock Forecast - Period Momentum Indicator

1503 Stock  TWD 191.50  5.00  2.54%   
Shihlin Stock Forecast is based on your current time horizon.
  
On December 12, 2024 Shihlin Electric Engineering had Period Momentum Indicator of (5.00). Momentum indicator evaluates the difference between todays closing price and the close price n periods ago. It is the velocity with which the price is rising or falling. It also reflects how aggressively the asset is purchased or sold by the public.
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Shihlin Electric Trading Date Momentum

On December 13 2024 Shihlin Electric Engineering was traded for  191.50  at the closing time. The highest price during the trading period was 196.00  and the lowest recorded bid was listed for  191.50 . The volume for the day was 1.3 M. This history from December 13, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.54% . The trading price change to the current price is 0.51% .
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
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Other Forecasting Options for Shihlin Electric

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

Shihlin Electric 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 Shihlin Electric stock to make a market-neutral strategy. Peer analysis of Shihlin Electric could also be used in its relative valuation, which is a method of valuing Shihlin Electric by comparing valuation metrics with similar companies.
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Shihlin Electric Eng 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 Shihlin Electric'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 Shihlin Electric's current price.

Shihlin Electric Market Strength Events

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

Shihlin Electric Risk Indicators

The analysis of Shihlin Electric'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 Shihlin Electric's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting shihlin 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.

Additional Tools for Shihlin Stock Analysis

When running Shihlin Electric's price analysis, check to measure Shihlin Electric's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Shihlin Electric is operating at the current time. Most of Shihlin Electric's value examination focuses on studying past and present price action to predict the probability of Shihlin Electric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shihlin Electric's price. Additionally, you may evaluate how the addition of Shihlin Electric to your portfolios can decrease your overall portfolio volatility.