SAXLUND GROUP Stock Forecast - Daily Balance Of Power

6WZ Stock  EUR 0.20  0.00  0.00%   
SAXLUND Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of SAXLUND GROUP's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
On April 29, 2024 SAXLUND GROUP AB had Daily Balance Of Power of 1.0. Balance of Power indicator (or BOP) measures the strength of SAXLUND GROUP AB market sensitivity to bulls and bears. It estimates the ability of SAXLUND GROUP buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring SAXLUND GROUP Balance of Power indicator one can determine a trend of the price direction.
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SAXLUND GROUP Trading Date Momentum

On April 30 2024 SAXLUND GROUP AB was traded for  3.60  at the closing time. The highest daily price throughout the period was 3.60  and the lowest price was  1.40 . There was no trading activity during the period 1.0. Lack of trading volume on 04/30/2024 added to the next day price reduction. The daily price change to closing price of the next trading day was 10.00% . The trading price change to current closing price is 70.00% .
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 SAXLUND GROUP

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

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

SAXLUND GROUP AB 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 SAXLUND GROUP'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 SAXLUND GROUP's current price.

SAXLUND GROUP Market Strength Events

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

SAXLUND GROUP Risk Indicators

The analysis of SAXLUND GROUP'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 SAXLUND GROUP's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting saxlund 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 SAXLUND Stock

SAXLUND GROUP financial ratios help investors to determine whether SAXLUND 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 SAXLUND with respect to the benefits of owning SAXLUND GROUP security.