On October 12, 2023 Contagious Gaming had Daily Balance Of Power of 0. Balance of Power indicator (or BOP) measures the strength of Contagious Gaming market sensitivity to bulls and bears. It estimates the ability of Contagious Gaming buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Contagious Gaming Balance of Power indicator one can determine a trend of the price direction.
On October 13 2023 Contagious Gaming was traded for 0.01 at the closing time. The highest daily price throughout the period was 0.01 and the lowest price was 0.01 . There was no trading activity during the period 1.0. Lack of trading volume on 10/13/2023 did not affect price variability. The overall trading delta to current closing price is 0.00% .
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.
For every potential investor in Contagious, whether a beginner or expert, Contagious Gaming's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Contagious Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Contagious. Basic forecasting techniques help filter out the noise by identifying Contagious Gaming's price trends.
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 Contagious Gaming stock to make a market-neutral strategy. Peer analysis of Contagious Gaming could also be used in its relative valuation, which is a method of valuing Contagious Gaming by comparing valuation metrics with similar companies.
Contagious Gaming 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 Contagious Gaming'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 Contagious Gaming's current price.
Market strength indicators help investors to evaluate how Contagious Gaming stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Contagious Gaming shares will generate the highest return on investment. By undertsting and applying Contagious Gaming stock market strength indicators, traders can identify Contagious Gaming entry and exit signals to maximize returns.
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
When running Contagious Gaming's price analysis, check to measure Contagious Gaming'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 Contagious Gaming is operating at the current time. Most of Contagious Gaming's value examination focuses on studying past and present price action to predict the probability of Contagious Gaming's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Contagious Gaming's price. Additionally, you may evaluate how the addition of Contagious Gaming to your portfolios can decrease your overall portfolio volatility.