Digital Brands Stock Forecast - Daily Balance Of Power

DBGIDelisted Stock  USD 1.21  0.04  3.42%   
Digital Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Digital Brands' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
On November 19, 2024 Digital Brands Group had Daily Balance Of Power of 0.88. Balance of Power indicator (or BOP) measures the strength of Digital Brands Group market sensitivity to bulls and bears. It estimates the ability of Digital Brands buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Digital Brands Balance of Power indicator one can determine a trend of the price direction.
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Digital Brands Trading Date Momentum

On November 20 2024 Digital Brands Group was traded for  6.75  at the closing time. The top price for the day was 8.45  and the lowest listed price was  5.95 . The trading volume for the day was 6.5 M. The trading history from November 20, 2024 was a factor to the next trading day price growth. The overall trading delta against the next closing price was 15.38% . The overall trading delta against the current closing price is 10.26% .
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 Digital Brands

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

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

Digital Brands Group 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 Digital Brands' 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 Digital Brands' current price.

Digital Brands Market Strength Events

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

Digital Brands Risk Indicators

The analysis of Digital Brands' 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 Digital Brands' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting digital 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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Check out Historical Fundamental Analysis of Digital Brands to cross-verify your projections.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

Other Consideration for investing in Digital Stock

If you are still planning to invest in Digital Brands Group check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Digital Brands' history and understand the potential risks before investing.
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