New Asia Stock Forecast - Daily Balance Of Power

2516 Stock  TWD 12.70  0.10  0.79%   
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On November 26, 2024 New Asia Construction had Daily Balance Of Power of (0.20). Balance of Power indicator (or BOP) measures the strength of New Asia Construction market sensitivity to bulls and bears. It estimates the ability of New Asia buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring New Asia Balance of Power indicator one can determine a trend of the price direction.
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New Asia Trading Date Momentum

On November 27 2024 New Asia Construction was traded for  13.70  at the closing time. The highest price during the trading period was 13.95  and the lowest recorded bid was listed for  13.70 . The volume for the day was 777.2 K. This history from November 27, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.08% . The trading delta at closing time to the current price is 2.53% .
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 New Asia

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

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

New Asia Market Strength Events

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

New Asia Risk Indicators

The analysis of New Asia'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 New Asia's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting new 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 New Stock Analysis

When running New Asia's price analysis, check to measure New Asia'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 New Asia is operating at the current time. Most of New Asia's value examination focuses on studying past and present price action to predict the probability of New Asia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Asia's price. Additionally, you may evaluate how the addition of New Asia to your portfolios can decrease your overall portfolio volatility.