Shanghai Friendess Stock Forecast - Price Action Indicator

688188 Stock   178.56  0.86  0.48%   
Shanghai Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Shanghai Friendess stock prices and determine the direction of Shanghai Friendess Electronics's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Shanghai Friendess' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Shanghai Friendess' Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Total Current Liabilities is expected to grow to about 328.9 M, whereas Other Current Liabilities is forecasted to decline to about 9.6 M.
On December 23, 2024 Shanghai Friendess Electronics had Price Action Indicator of (2.74). 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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Shanghai Friendess Trading Date Momentum

On December 24 2024 Shanghai Friendess Electronics was traded for  178.56  at the closing time. The highest price during the trading period was 179.50  and the lowest recorded bid was listed for  176.00 . The volume for the day was 628.8 K. This history from December 24, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.48% . 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 Shanghai Friendess

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

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

Shanghai Friendess 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 Shanghai Friendess' 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 Shanghai Friendess' current price.

Shanghai Friendess Market Strength Events

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

Shanghai Friendess Risk Indicators

The analysis of Shanghai Friendess' 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 Shanghai Friendess' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting shanghai 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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Other Information on Investing in Shanghai Stock

Shanghai Friendess financial ratios help investors to determine whether Shanghai 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 Shanghai with respect to the benefits of owning Shanghai Friendess security.