Sunway Construction Stock Forecast - Daily Balance Of Power

5263 Stock   4.42  0.03  0.68%   
Sunway Stock Forecast is based on your current time horizon.
  
On March 27, 2023 Sunway Construction Group had Daily Balance Of Power of 0.25. Balance of Power indicator (or BOP) measures the strength of Sunway Construction Group market sensitivity to bulls and bears. It estimates the ability of Sunway Construction buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Sunway Construction Balance of Power indicator one can determine a trend of the price direction.
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Sunway Construction Trading Date Momentum

On March 28 2023 Sunway Construction Group was traded for  1.58  at the closing time. The highest price during the trading period was 1.60  and the lowest recorded bid was listed for  1.58 . The volume for the day was 12.7 K. This history from March 28, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 1.25% . The trading price change to the current price is 0.63% .
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 Sunway Construction

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

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

Sunway 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 Sunway Construction'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 Sunway Construction's current price.

Sunway Construction Market Strength Events

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

Sunway Construction Risk Indicators

The analysis of Sunway Construction'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 Sunway Construction's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sunway 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.

Other Information on Investing in Sunway Stock

Sunway Construction financial ratios help investors to determine whether Sunway 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 Sunway with respect to the benefits of owning Sunway Construction security.