MEITUAN UNSPADR2B Stock Forecast - Daily Balance Of Power

9MDA Stock  EUR 41.60  2.20  5.02%   
MEITUAN Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of MEITUAN UNSPADR2B's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
On December 2, 2024 MEITUAN UNSPADR2B had Daily Balance Of Power of 0. Balance of Power indicator (or BOP) measures the strength of MEITUAN UNSPADR2B market sensitivity to bulls and bears. It estimates the ability of MEITUAN UNSPADR2B buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring MEITUAN UNSPADR2B Balance of Power indicator one can determine a trend of the price direction.
Check MEITUAN UNSPADR2B VolatilityBacktest MEITUAN UNSPADR2BTrend Details  

MEITUAN UNSPADR2B Trading Date Momentum

On December 03 2024 MEITUAN UNSPADR2B was traded for  39.20  at the closing time. The maximum traded price for the trading interval was 39.40  and the lowest daily price was  39.20 . The daily volume was recorded at 124. The volume of trading on 3rd of December 2024 played a part in the next trading day price drop. The daily price change to the next closing price was 2.00% . The trading delta at closing time to the closing price today is 2.50% .
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.
Compare MEITUAN UNSPADR2B to competition

Other Forecasting Options for MEITUAN UNSPADR2B

For every potential investor in MEITUAN, whether a beginner or expert, MEITUAN UNSPADR2B's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. MEITUAN Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in MEITUAN. Basic forecasting techniques help filter out the noise by identifying MEITUAN UNSPADR2B's price trends.

MEITUAN UNSPADR2B 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 MEITUAN UNSPADR2B stock to make a market-neutral strategy. Peer analysis of MEITUAN UNSPADR2B could also be used in its relative valuation, which is a method of valuing MEITUAN UNSPADR2B by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

MEITUAN UNSPADR2B 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 MEITUAN UNSPADR2B'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 MEITUAN UNSPADR2B's current price.

MEITUAN UNSPADR2B Market Strength Events

Market strength indicators help investors to evaluate how MEITUAN UNSPADR2B stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MEITUAN UNSPADR2B shares will generate the highest return on investment. By undertsting and applying MEITUAN UNSPADR2B stock market strength indicators, traders can identify MEITUAN UNSPADR2B entry and exit signals to maximize returns.

MEITUAN UNSPADR2B Risk Indicators

The analysis of MEITUAN UNSPADR2B'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 MEITUAN UNSPADR2B's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting meituan 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.

Currently Active Assets on Macroaxis

Other Information on Investing in MEITUAN Stock

MEITUAN UNSPADR2B financial ratios help investors to determine whether MEITUAN 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 MEITUAN with respect to the benefits of owning MEITUAN UNSPADR2B security.