Shin Kong Stock Forecast - Price Action Indicator

2888 Stock  TWD 11.85  0.25  2.16%   
Shin Stock Forecast is based on your current time horizon.
  
On December 6, 2024 Shin Kong Financial had Price Action Indicator of 0. 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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Shin Kong Trading Date Momentum

On December 09 2024 Shin Kong Financial was traded for  12.00  at the closing time. The highest price during the trading period was 12.00  and the lowest recorded bid was listed for  11.90 . The volume for the day was 45.1 M. This history from December 9, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 0.84% . The trading price change to the current price is 0.42% .
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 Shin Kong

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

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

Shin Kong Market Strength Events

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

Shin Kong Risk Indicators

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

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