Lundin Mining Stock Forecast - Daily Balance Of Power

GXD Stock  EUR 7.96  0.05  0.63%   
Lundin Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Lundin Mining's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
On November 25, 2024 Lundin Mining had Daily Balance Of Power of 1.0. Balance of Power indicator (or BOP) measures the strength of Lundin Mining market sensitivity to bulls and bears. It estimates the ability of Lundin Mining buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Lundin Mining Balance of Power indicator one can determine a trend of the price direction.
Check Lundin Mining VolatilityBacktest Lundin MiningTrend Details  

Lundin Mining Trading Date Momentum

On November 26 2024 Lundin Mining was traded for  9.55  at the closing time. The highest daily price throughout the period was 9.55  and the lowest price was  9.55 . The daily volume was 500. The net trading volume on 11/26/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.62% . The trading delta at closing time to current closing price is 3.85% .
JavaScript chart by amCharts 3.21.1511/25/2024Nov 20Nov 22Nov 24Nov 26Nov 28Nov 30Dec9.29.39.49.59.6
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 Lundin Mining to competition

Other Forecasting Options for Lundin Mining

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

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

Lundin Mining 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 Lundin Mining'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 Lundin Mining's current price.

Lundin Mining Market Strength Events

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

Lundin Mining Risk Indicators

The analysis of Lundin Mining'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 Lundin Mining's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting lundin 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 Lundin Stock

Lundin Mining financial ratios help investors to determine whether Lundin 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 Lundin with respect to the benefits of owning Lundin Mining security.